Sungrow Power Supply: The company currently has no plans to raise product prices.

People’s Finance News, April 2—On April 2, Shengbang Co., Ltd. (300661) said at a roadshow event recently that, because the unit price of the simulated chips is low, the quantity is large, and there are relatively more suppliers, the price of a single product typically gradually declines over its lifecycle and generally does not rise or fall with changes in market demand. The company’s products are diverse, with broad application areas and a variety of processes; its business shows a certain degree of resilience and risk resistance. At the same time, the company develops and promotes products in line with its own plans, and the overlap with products from international peers is not high. It fully participates in free-market competition and adopts market-based pricing strategies. The company currently has no plans to raise prices, and will continue to monitor developments going forward.

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