Fuling Zha Cai: Not yet affected by increased packaging costs and other expenses. Currently, there are no plans to raise overall product prices.

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People’s Finance News, April 1—On March 31, Fuling Preserved Mustard (002507) said during an investor phone conference that the company’s current acquisition of raw material—green vegetable heads (qingcaitou)—has basically been completed, and the overall purchase price is essentially the same as last year. The raw material cost of qingcaitou accounts for about 45% of total costs, packaging materials account for about 20%. At present, the company has not yet been affected by increases in packaging-material costs, and in the future, if costs are impacted by oil prices, it will also increase costs to some extent, but overall they remain controllable. The company currently has no plan to raise product prices across the board. Going forward, it will carry out targeted product price adjustments in stages for different channels and new product launches, to meet market and promotion needs.

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