Dear Vatued Customers:

    Great thanks for your always trust and support. Due to the escalating costs of

raw materials and weak-performance currency rate nowadays, it’s regret to inform

that the quotation of our products will be raised.

    It’s out of expectation on the higher raising of the cost of the raw materials, such

as silicon-steel sheets, matel materials (iron, aluminum, copper etc.), lcs, pcB, and

plastic parts. We have made every attempt to avoid the increase by negotiating with

our supply base, while successful in avoiding even higher costs, we were unsuccessful

at eliminating adjustments altogether.

    ln order to maintain a sustainable business model that delivers the quality you

have come to expect and deman d, 18% of the quotation for AVR products, and 13%

for other products (including inverters, battery chargers, converters etc.), will be

increased, from Maj’ch 01, 2021, based on the current price for all of our goods.

   

    As always, thankful to the business you place with us and appreciate your kind

understanding regarding this necessary course of action. ln the past, we have been

cooperated successfully, and we are full of confidence that we will make a brighter

future together as well.

Best regards

LIGAO CO.,LTD.

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Post time: Mar-03-2021