Zhejiang Hangmin Co., Ltd. stated during an investor inquiry that price transmission depends on downstream demand and is determined by market supply and demand. Different products have varying requirements, leading to differences in dyeing fees. The company's dyeing operations primarily focus on mid-to-high-end products. Internally, it aims to strengthen its capabilities by enhancing product technology research and development, adjusting and optimizing its product structure, and striving to reduce costs through benchmarking and efficiency improvements.
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