Nankai Investment Holding held its shareholders' meeting yesterday, where chairman Chen Feilong stated that the company has long been prepared for tariff issues, and that there are no significant obstacles to the expansion of business in various markets. He emphasized that Nankai has always adopted a prudent strategy for overseas market development and intends to continue moving forward.

Chen mentioned that he has served as chairman for over 50 years, during which business has moved forward consistently, and that there have been few setbacks in markets such as Thailand, China, and Japan. Nankai's president Li Kanwen pointed out that compared to the impact of tariffs, fluctuations in exchange rates have a greater effect on business, especially since exports are priced in US dollars, and changes in the Taiwan dollar's exchange rate significantly affect the market.

He further explained that among Nankai's various markets, Taiwan accounts for about 20%-22% of revenue, China accounts for 62%, and Thailand for 18%. Although the impact of US tariffs is present, the domestic market in China is relatively unaffected by tariffs.

Li emphasized that Nankai operates globally, diversifying market risks, and is expanding not only in the US but also in Europe, Australia, and the Middle East, with continued growth in these regions. He pointed out that the Taiwanese market is undergoing significant changes, where the appreciation of the Taiwan dollar benefits imported raw materials, but rising labor costs and electricity prices have increased operating costs.