On July 25th, an investor asked Pengling Co., Ltd. (300375. SZ): What is the production capacity planning for each factory area of the company's sealing parts, and will the utilization rate of production capacity affect the gross profit margin?
Reply from Pengling Co., Ltd.: The Sealing Parts Division has three factories, with an annual output value of 400 million yuan in Hebei, which is approaching saturation; The output value of the Chongqing factory is 400 million yuan, which has hit 200 million yuan this year. The Jiangsu factory was put into operation in June 2023 and is currently in the climbing stage, with an expected output value of 50 million yuan this year.