Lens Technology responds to tariff impact: limited impact on overall operations
2025-04-07 14:50:32

Lens Technology responded to a reporter from Cailianshe today, saying that after a comprehensive assessment, it is expected that changes in tariff policies will have a very limited impact on overall operations. The financial report shows that Lens Technology's overseas business accounted for 58% in 2024. The company said that most of the exports were completed through domestic bonded areas, and there was no risk of tariff fluctuations. For the supply of parts to overseas assembly plants, the company uses FOB prices or charges customers for freight to deliver to the designated destination, and the importing customers bear the tariffs. This solution with clear division of responsibilities has been proven to be effective in supporting the mass production of complete machines in India, Vietnam and other places. On the import side of key raw materials, glass substrate procurement has formed a supply matrix dominated by Japan, South Korea, etc., and the import method is bonded import for processing trade, which does not involve import tariffs.
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