In 2020, which is about to pass, China and the world have been severely affected by the covid-19, Our diesel standby generator industry has also been severely hit. This year's exports have shrunk greatly. Automatic backup generator Offline exhibitions have been cancelled or postponed. New way power generators visits face to face The channel is still interrupted, the supply chain/funding chain is impacted, and the customer purchase capacity decreases. As a result, for shipping company it is difficult to find containers when the supplier ships, and the shipping company loses load when the shipping company returns, this Cause sea freight to skyrocket

Leading to a sharp increase in the cost of trust between manufacturers and customers

-The entry and exit conditions between countries are strict

-The instability of the international market leads to relatively conservative decisions

-Five Eyes Alliance, National Team

Supply chain frustration

The epidemic has led to a substantial shrinkage of production capacity and has not yet recovered

Suspension of global supply chain, difficulty in capital turnover

International freight rates continue to rise

From June 2020 to the present, the unilateral appreciation of the RMB against the US dollar has been about 9% in six months. Companies are not familiar with foreign exchange derivatives, and their awareness of risk control is relatively weak. Exchange rate changes have caused prices to rise, causing significant pressure on customers. I hope that the epidemic can quickly pass and give mankind a peaceful world.