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Some investors asked on the investor interactive platform: Dear Secretary of the Board, Hello, your company's products have increased in price several times this year.
Does your company think that the current price increase of titanium dioxide products is mainly caused by cost or demand? If it is mainly driven by cost, will the increase in cost compress the profit margin of the product and lead to a decline in profit margin? Look forward to your reply, thank Long Bai Group (002601.
SZ) in the investor interactive platform represents October 31, the current titanium dioxide product price increases both cost-push factors are also demand-pull factors
.
The company will adjust prices in a timely manner based on raw material prices and market demand to ensure continuous improvement in profit margins
.
Does your company think that the current price increase of titanium dioxide products is mainly caused by cost or demand? If it is mainly driven by cost, will the increase in cost compress the profit margin of the product and lead to a decline in profit margin? Look forward to your reply, thank Long Bai Group (002601.
SZ) in the investor interactive platform represents October 31, the current titanium dioxide product price increases both cost-push factors are also demand-pull factors
.
The company will adjust prices in a timely manner based on raw material prices and market demand to ensure continuous improvement in profit margins
.