Huaming Power Equipment Co., Ltd. stated during an investor inquiry session that while establishing a presence in Mexico could help expand its market share in the United States, exporting from Mexico to the U.S. would involve customs and tariff complexities. Therefore, if the goal is to penetrate the local market, the company prefers setting up operations directly within the United States. However, due to geopolitical uncertainties and other factors, the company remains cautious in its approach.
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