Zhejiang Huaye: No Plans for Bonded Processing or Bulk Commodity Trading, Plans to Establish New Subsidiary in Singapore to Radiate Southeast Asia

On May 27, an investor**Zhejiang HuayeIn February 2026, the expansion of the Zhoushan Port Comprehensive Bonded Zone was approved, coupled with the national policy on bulk commodity hubs. I would like to ask: 1) Can Zhejiang Huaye import metal materials and equipment enjoy bonded warehousing, customs clearance conveniences, or tariff reductions? 2) Does the company plan to leverage the geographical advantages of Zhoushan District to layout bonded processing or bulk commodity trading-related businesses? Is there a timeline for this? 3) Is the establishment of a company in Singapore related to this? In this regard,Zhejiang HuayeOn June 1st, the company responded on the investor interaction platform that its imported metal materials and equipment do not enjoy bonded warehousing, customs clearance facilitation, or tariff reductions; the company currently has no plans to engage in bonded processing or bulk commodity trading businesses. The company is currently focused on its main business and continues to deepen its efforts in the field of plastic machinery screws and barrels and Gorin columns. The company intends to establish a new subsidiary in Singapore to serve as a trade operation center covering the Southeast Asia region. This subsidiary will mainly target end users in the Southeast Asian plastics products industry, providing sales, technical support, and after-sales services for core components such as screws and barrels used in injection molding machines and extruders, helping the company to deepen cooperation with local customers and enhance market competitiveness.