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Rongbai Technology: It is expected that the overseas market situation will improve in the second half of the year, with a more optimistic outlook for the European market compared to the expectations at the beginning of the year.
Jin10 data reported on August 4th that Rongbai Technology recently stated during an institutional research meeting that in the first half of the year, influenced by changes in U.S. tariff policies, sales and demand from overseas customers experienced a certain decline compared to the previous period. As tariff policies become clearer and the U.S. OBBB Act is implemented, there is still a tariff advantage for the Korean base. The company has actively communicated with overseas customers and expects the situation in the overseas market to improve in the second half of the year. Currently, the European market is more optimistic compared to expectations at the beginning of the year, with client feedback indicating a large demand for production capacity. The company’s Poland factory is accelerating production line design and will complete capacity construction as soon as possible to meet local production requirements in Europe.