Some investors asked Chuangyuan Co., Ltd. on an interactive platform. The US tax reduction list for China has already been announced. Are the products sold by the company on the tax reduction list? On October 8, the company replied that it has paid attention to the “30 billion to 30 billion” equal tax reduction framework and related product list agreed between China and the US. Currently, the tax reduction arrangement has yet to be implemented simultaneously after both parties have complied with their respective domestic legal procedures. The specific implementation time and applicable tax rate are still uncertain. The company's main business covers categories such as fashion stationery, handmade and educational, social emotions, sports and fitness, and lifestyle. It is verifying the HS code matching of related products item by item against the tax reduction list published by the US side. The actual impact needs to be based on the applicable customs tax rate after the list officially comes into effect.

Some investors asked Chuangyuan Co., Ltd. on an interactive platform. The US tax reduction list for China has already been announced. Are the products sold by the company on the tax reduction list? On October 8, the company replied that it has paid attention to the “30 billion to 30 billion” equal tax reduction framework and related product list agreed between China and the US. Currently, the tax reduction arrangement has yet to be implemented simultaneously after both parties have complied with their respective domestic legal procedures. The specific implementation time and applicable tax rate are still uncertain. The company's main business covers categories such as fashion stationery, handmade and educational, social emotions, sports and fitness, and lifestyle. It is verifying the HS code matching of related products item by item against the tax reduction list published by the US side. The actual impact needs to be based on the applicable customs tax rate after the list officially comes into effect.