Price Adjustment Notice-Jiangsu Niupai Group

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Price Adjustment Notice

Published Time:

2020-03-17

Notice of Jiangsu Niupai Group Product Price Adjustment To all regional agents and customers nationwide: First of all, thank you very much for your long-term trust and support! Thank you for choosing our company's products and establishing a friendly cooperative relationship! Due to the impact of the broader environment, the cost of raw materials, supporting parts, transportation, and labor in the machinery manufacturing industry have risen sharply, resulting in increased manufacturing costs and various expenses for our company. In order to maintain the company's sustainable development and better serve our customers, after research, the company has decided to make appropriate adjustments to the prices of its products: 1. Adjustment date: March 1, 2018

About Jiangsu Niupai Group

Notice of Product Price Adjustment

To all regional agents and customers nationwide:

First of all, thank you very much for your long-term trust and support! Thank you for choosing our products and establishing a friendly cooperative relationship!

Due to the impact of the broader environment, the prices of raw materials, supporting components, transportation, and labor costs in the machinery manufacturing industry have risen sharply, leading to increased manufacturing costs and various expenses for our company. In order to maintain the company's sustainable development and better serve our customers, after research, the company has decided to make appropriate adjustments to the prices of its products:

1. Adjustment date: March 1, 2018;

2. Each unit of product equipment will be increased by five percent (excluding signed contracts and undelivered equipment).

We sincerely appreciate the support and assistance of all our partners! And we wish your company prosperous business!!

Jiangsu Niupai Group

2018-02-26

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