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Express News | Dunhuang.com has become popular in the USA, and multiple listed companies have responded: there is no cooperation.
Express News | The Cross-border E-commerce Concept continues to be strong, with CTS International Logistics Corporation and several other stocks hitting the upper limit.
Express News | San Tai Co., Ltd.: The company has no cooperation with Dunhuang.com.
A-shares movement丨Dunhuang.com has become popular in the USA, stocks related to the Cross-border E-commerce Concept continue to be active, and Santai Co. has reached the daily limit.
On April 15, Gelonghui reported that DHgate has become popular in the USA, and the cross-border e-commerce concept stocks in the A-share market are continuing to be active. Among them, San Tai shares gained the daily limit, while Jiuqi shares and Loctek Ergonomic Technology Corp. rose over 10%. Huakai Yibai Technology, Guangbo Group Stock, Guangdong SACA Precision Manufacturing, and Hangzhou Onechance Tech Corp. performed well. Additionally, the "DHgate concept stocks" Fujian SBS Zipper Science & Technology, CTS International Logistics Corporation, Henan Rebecca Hair Products, and Soho Holly Corporation hit the daily limit. In terms of news, after the new tariffs were imposed in the USA, the cross-border e-commerce application DHgate from China has become popular in the USA, and it has now jumped to second place in the free iPhone app rankings of Apple's App Store in the USA after Trump raised tariffs.
San Tai Co., Ltd. (301558.SZ): Currently, there are no plans to develop an in-house e-commerce platform.
On April 9, Glorious Holdings stated during a recent investor relations activity that the company's cross-border e-commerce Retail Trade is mainly conducted through over 30 major overseas third-party e-commerce platforms such as Amazon, eBay, AliExpress, and Shopee, selling in a B2C model, covering consumers in more than 200 countries. The company adopts a diversified Operation strategy of multiple platforms and regions, and will continue to explore emerging e-commerce platforms and markets in the future. Currently, there are no plans to develop its own e-commerce platform.
Santai Co., Ltd. (301558.SZ): Revenue from the USA accounts for about 14% of the company's overall revenue, with limited overall impact.
On April 9, Gelonghui reported that SanTai Co., Ltd. (301558.SZ) recently stated during an investor relations activity that cross-border Logistics services offer customers a professional one-stop solution for cross-border e-commerce warehousing and Logistics, covering over 220 countries and regions globally, with dedicated lines covering more than 30 countries including North America, Latin America, and Europe. The revenue distribution for major regions in 2024 is as follows: Europe 35.50%, North America 32.23%, Asia 24.57%. Among them, revenue from the USA accounts for approximately 14% of the company's total revenue, which has a limited overall impact. The company will closely monitor relevant policy changes and make flexible adjustments.