Boshen Tools Co., Ltd. Announcement on the progress of anti-dumping investigations on diamond saw blades and components originating in China and South Korea

Boshen Tools Co., Ltd. Announcement on the progress of anti-dumping investigations on diamond saw blades and components originating in China and South Korea
The company and all members of the board of directors guarantee the truthfulness, accuracy and completeness of the announcement, and assume responsibility for false records, misleading statements or major omissions in the announcement.

Boshen Tools Co., Ltd. (hereinafter referred to as "the company") on August 11, 2009 in the tide
The "IPO Prospectus" published by Information Network (http://) disclosed the US anti-dumping investigation cases on diamond saw blades and components originating in China and South Korea (hereinafter referred to as "anti-dumping cases" Relevant information and the impact on the company, the company is now aware of the progress of the case disclosed as follows:

I. Progress in anti-dumping cases
On September 30, 2009, the US Court of International Trade ruled that the US Diamond Saw Blade Manufacturers Union filed a lawsuit requesting the US Department of Commerce to issue an anti-dumping tax order to import diamond saw blades and their components originating in China and South Korea. Tariff deposit;

On November 4, 2009, the US Department of Commerce issued an anti-dumping tax order in the Federal Register: The US Department of Commerce will notify the US Customs of importing diamond saw blades originating in China and South Korea from January 23, 2009. The component “suspend liquidation” and impose a cash deposit;

On November 4, 2009, the US Court of Appeals for the Federal Circuit decided to suspend the ruling of the US Court of International Trade on September 30, 2009;

On November 5, 2009, the US Federal Circuit cancelled its decision on November 4 to suspend the US International Trade Court's September 30, 2009 ruling;

On November 7, 2009, SAINT-GOBAIN ABRASIVES INC., South Korea and
Companies (EHAWA DIAMOND INDUSTRY CO.LTD) and Chinese and Korean companies such as the company touring the United States
The Court of Appeal submitted an urgent application requesting a suspension of the US International Trade Court’s ruling of September 30, 2009.

To suspend the import tariff deposit.

On November 9, 2009, the US Court of Appeals for the Federal Circuit rejected the complaints of Chinese and Korean companies such as Saint-Gobain, South Korea's Erhe Company and the Company to suspend the implementation of the import tariff bond.

At this point, the anti-dumping tax order promulgated by the US Department of Commerce will officially take effect and begin to be implemented. The company has hired a lawyer to actively respond.

Second, the impact of the release of anti-dumping tax orders on the company
According to the anti-dumping tax order issued by the US Department of Commerce on November 4, 2009, US Customs will impose a tariff deposit on the products involved in the export of the company from January 23, 2009 to the United States at a rate of 35.51%. From January to September 2009, the amount of products involved in the export of the company to the United States was RMB 17,981,400, accounting for 6.75% of the company's operating income during the same period.

At present, the court procedure of Saint-Gobain and South Korea’s two-way company’s appeal against the US International Trade Court’s threat of damage is still in progress. If the above-mentioned company wins the appeal, the anti-dumping case will eventually be With the anti-dumping measures closed, the customs deposits levied by the US Customs will be returned.

If there is any new progress or change in this anti-dumping case, the company will disclose relevant information in a timely manner, and investors are advised to pay attention to investment risks.

Special announcement.

Boshen Tools Co., Ltd.
November 12, 2009
 

Farmhouse Sinks

As one of the most important components of the kitchen, the sink is more than just a basin you use to clean your dishes, it`s often a focal point of the room itself. And being a focal point of the [heart of your home," it`s always a good idea to choose a sink that complements your unique style and decor of your home.


Also known as an apron sink, a farmhouse-style sink features a deep basin and an exposed front that sits flush with your cabinets and countertops. With a touch of country charm, this type of sink offers a number of functional benefits that make it a great choice for many kitchens.


The Pros:

Here are some of the most prevelant benefits you can expect from a farm style sink.

Extra Capacity:

The additional width and depth of these sinks allows plenty of room for soaking dishes, large pots and pans, and other hard-to-clean items, such as grill grates, stock pots, and baking sheets. Because apron sinks are located in a forward orientation relative to the countertops and cabinets, it's also easier to lift heavier items in and out of the sink.

More Versatility:

Typically, a farmhouse sink won`t include pre-drilled holes for a faucet. While this may seem like a bad thing on the surface, this actually provides homeowners with a bit more flexibility in choosing the best faucet for their needs.

In most cases, the faucet will be installed on the countertop directly behind the sink, but this gives you the option to install the faucet wherever works best for your kitchen. Or, perhaps you love the faucet you currently own, and just want to upgrade the sink.

Alluring Appearance:

Let`s be honest here. The "look" of a farmhouse sink is probably one of the driving factors as to why you`re interested in owning one. The extra capacity is just an added convenience. But, there`s no denying that it creates a natural focal point in an area of your home where you spent quite a bit of time.

Lots of Options to Choose From:

As you can see from the list above, farmhouse sinks are available in a wide variety of materials, colors and finishes. This makes it incredibly easy to find one that complements the style of your kitchen, and blend right into the cabinetry and other appliances in this space.


Farmhouse Sinks,Top Mount Farm Sink,Modern Farmhouse Sink,Stainless Farmhouse Sink

Guangdong Huayou Hardware Products Co.,Ltd , https://www.gudsink.com

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