Jiuchi Co., Ltd.: The international situation has led to increases in shipping costs and oil prices, putting some pressure on the company's cross-border e-commerce business costs, but the overall impact is manageable.

Jiuqi Co., Ltd. said on March 6 on an investor interaction platform that the international situation has driven up ocean freight rates and fuel prices, which creates some pressure on the company’s cross-border e-commerce business costs. However, the company’s ODM/OEM business is mainly based on FOB, and shipping fees are borne by customers, so the overall impact is controllable. The company will actively respond through measures such as optimizing its logistics plans, locking in long-term shipping rates, and increasing the proportion of high-margin products to ensure stable operations. (People’s Finance Information)

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