Amway shares: the current price of synthetic leather products is stable

Amway shares stated in the "Investor Relations Activity Record Form" disclosed on Thursday that at present, the price of the company's synthetic leather products remains stable.

The company also pointed out that the current domestic synthetic leather industry is a completely open industry, with a large market scale, a large number of enterprises, a small overall scale of enterprises, and low industry concentration. Wenzhou's synthetic leather industry rectification measures will help promote industry integration. It is conducive to the transfer of resources to industry-leading enterprises.

Amway Co., Ltd. is mainly engaged in the research and development, production, sales and service of medium and high-grade polyurethane synthetic leather.