Qiaoyuan Co., Ltd.: Rising energy costs have no significant impact on the company's operations

An investor asked Qiaoyuan Co., Ltd. on the interactive platform: How does the rising energy cost affect the company’s core products? Does the company have measures to address the cost increase? Qiaoyuan Co., Ltd. stated that the core cost of self-produced gases is electricity, accounting for over 70%. The company mainly relies on hydroelectric resources in Southwest China and benefits from regional preferential electricity policies, so overall electricity costs remain stable. Therefore, the increase in energy costs has no significant impact on the company’s operations. (People’s Financial News)

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