Hunan Yuneng Says Downstream Demand Strong, Operating at Full Capacity Since July
Hunan Yuneng (301358) held a performance briefing on August 25, addressing the acceptance and implementation of price increases it notified downstream customers of in July. The company said the price adjustment has been implemented well, with downstream demand remaining strong since July and production running at full capacity. High-end products are currently in short supply, and the company plans to steadily advance new production capacity in line with market demand.
Hunan Yuneng held a performance briefing on August 25, during which it addressed questions regarding the acceptance and implementation pace of the price increase notices sent to downstream customers in July. The company said the latest round of price adjustments has been implemented well. Since July, downstream demand has remained strong, and the company has been operating at full production capacity.
At present, the company's high-end products are in short supply, and it will steadily advance new production capacity based on market demand conditions.