JIR: The impact of the U.S. tariff increase on the company is limited

USHK News
2025.04.08 09:30

On April 8th, Jinshi Data reported that JIR announced that the U.S. government recently issued an executive order on "reciprocal tariffs," announcing a 10% "minimum baseline tariff" on trade partners and imposing higher tariffs on certain trade partners. After preliminary assessment, the company believes that this tariff policy has limited impact on its business. In recent years, the company has only procured a small number of components from the U.S., and as the degree of domestic substitution continues to deepen, the company's import procurement amount has decreased year by year. Since 2019, the company's sales revenue has been 100% from the domestic market, with no exports to the U.S. The company will continue to enhance its independent controllability of products through measures such as optimizing supply chain layout and domestic substitution