I. Impact on the Company's Operation Li Tao Bread announced that due to the tight power supply, its nine subsidiaries were told by the local government that there was no production. Power cuts have affected their production cuts to varying degrees. In addition, these nine subsidiaries are widely distributed, including Jiangsu, Dongguan, Changchun, Shenyang, Shandong, Tianjin, Dan Tao and Harbin. It can be seen that the scope of these affected subsidiaries is still relatively wide, and the future electricity consumption needs to be carried out according to the notice of the local government.
Second, production reduction and market scheduling The production reduction of these nine subsidiaries actually has a great impact on the output of peach and plum bread. And these nine subsidiaries are widely distributed. In addition to the impact of production cuts, Li Tao also expressed the need for active market coordination. Because if it is to reduce production, it will lead to local commodity supply, so we can only transport products from the surrounding markets to meet a market demand of residents. Li Tao also indicated that it was prepared to ensure a stable supply.
Third, the crisis under the power cut In fact, in addition to peach and plum bread, many companies have received the notice of power cut. The reason for this phenomenon is that many power plants cannot continue to operate due to the shortage of coal-fired power resources and the sharp rise in the price of coal raw materials. Because once it runs down, it will cause huge losses, and with the coming of winter, the power gap is getting bigger and bigger. I hope all enterprises can successfully survive this crisis.