On October 13, the EU Anti-Dumping Advisory Committee (ADC) held a meeting to discuss and approve the European Commission's taxation proposals on anti-dumping cases involving melamine and polyester chips in China. According to sources, the European Commission refused to grant me market economy treatment for melamine-affected companies, thought that there were dumping activities in our company and caused substantial damage to the European industry, and proposed to impose a temporary anti-dumping tariff of 40-50%. At the same time, the meeting decided to continue to maintain the current anti-dumping measures imposed by the European Union on China's export of polyester chips to Europe, and impose anti-dumping duties of 184 Euros/ton, which will last for five years.
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