We're very sorry to inform that due to the continuous depreciation of currency exchange rates in recent months, the cost of product raw materials and international sea freight has continued to rise sharply. In order to maintain the normal supply of products in ANDA. The company decided that all products will increase the price by 5%.
This is a difficult decision, but please understand our difficulties. The cost of all products we have undertaken most of the pressure. We must use a 5% increase to maintain the company's operations. In additional, according to financial market analysis.
Thank you very much. We available for any questions you may have.
Start from tomorrow March 10, 2022
Anda Motors Incorporated