Today announced that the US Department of Commerce recently issued an anti-dumping order to import import tariffs on imported diamond saw blades and their components originating in China and South Korea. The company's holding subsidiary Beijing Antai Steel Research Superhard Materials Co., Ltd. (the company holds 95) %), the main diamond saw blade production and sales are affected by anti-dumping orders.
Beijing Antai is committed to the development of high-end product technology. More than 90% of the diamond saw blade products are used for export. In 2008, the company's US market exports amounted to 65.767 million yuan, accounting for 34.0% of the total export sales in the same period, accounting for the proportion of the company's total sales revenue during the same period. It is 24.19%. From January to October 2009, the US market exported 45.293 million yuan, accounting for 35.5% of the same period, accounting for 30.06% of the company's total sales revenue during the same period.
Beijing Antai is committed to the development of high-end product technology. More than 90% of the diamond saw blade products are used for export. In 2008, the company's US market exports amounted to 65.767 million yuan, accounting for 34.0% of the total export sales in the same period, accounting for the proportion of the company's total sales revenue during the same period. It is 24.19%. From January to October 2009, the US market exported 45.293 million yuan, accounting for 35.5% of the same period, accounting for 30.06% of the company's total sales revenue during the same period.
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