Guolin Technology announced an update on subsidiary maintenance shutdowns. Its controlled subsidiary Kailianjie has completed maintenance and resumed production on July 27. The wholly-owned subsidiary Xinjiang Guolin has also completed maintenance, but due to maintenance shutdowns at downstream customers, the company decided to moderately extend its shutdown period. The resumption time will be determined dynamically based on market conditions. The company has prepared supply contingency plans to ensure stable order supply and expects no significant impact on operations.
Guolin Environmental Tech Co LtdSubsidiary resumes production but another extends shutdown due to downstream customer maintenance; net impact unclear.
