
micronet news, it is reported in the industry that wafer vehicle supplier Deng Group has issued an announcement to customers in mainland China. Due to the impact of the international situation, it is unable to conduct any monetary and formal capital transactions with some mainland Chinese companies, and will suspend the provision of related equipment services. According to the " Economic Daily " report, Taiwanese manufacturer Deng Group responded today (28th) that it has no operational considerations in withdrawing from mainland China.
After the United States introduced new regulations on chip control in mainland China in October this year, Jiadeng Group may become the first Taiwanese key equipment and consumables factory to issue a notice without warning to suspend supply to mainland Chinese companies. However, Jiadeng gave a clarification today.
Specifically, Jiadeng said that Jiadeng Automation Company has only notified individual manufacturers to suspend the service provision of related equipment. It has negotiated through other methods and will fulfill its contractual rights and obligations in accordance with the contract. The product affected by this case is an individual case, and the amount affected is only one million Taiwan dollars in payment. Other Jiadeng Automation Company equipment products and Jiadeng Vehicles’ business operations and financial status will not be affected.
Jiadeng emphasized that this year's operating profits have repeatedly hit new highs. Currently, funds are abundant, and the company has made great achievements in the performance of the mainland Chinese market. This year's cumulative revenue is several times that of 2021. In order to achieve better capital utilization efficiency and reduce the possible impact of geopolitics , it has actively discussed and adjusted trade conditions with major customers, which has been completed one after another.
Jiadeng said that the revenue from mainland China has enabled Jiadeng's overall revenue to reach a new monthly high in November this year, and it can also be expected in December. Jiadeng Automation is currently implementing relevant measures, hoping to minimize financial risks by collecting payment in advance or shortening the payment period, so as to achieve more effective shipping arrangements when production capacity and are fully loaded.
(proofreading/Zhang Jie)