Unfortunately, due to circumstances outside of our control; we regret to inform you that there will be delays to the lead time of our orders. The primary factor for this is due to the Chinese National Holiday from October 1st – 7th. Additionally, the government has also pressured factories to curb the power use during this period, impacting work efficiency and causing additional delays due to the increase in coal prices.
This is affecting Jiangsu/ Guangdong with more than 10 steel mills shutting down. This is the most rigorous power rationing since the beginning of the year. During May and June power supply was only suspended between one to two days a week.
Reports sourced from Bloomberg validate the following:
Many factories in the key manufacturing hub north of Shanghai have cut or even halted their operations, according to more than a dozen company executives interviewed by Bloomberg, as well as local media and researchers. The curbs, which are on an unprecedented scale, started in the second week of September and will last at least through the end of the month, they said.
We hope you understand the difficult circumstances we are currently facing and accept our sincerest apologies.
Should there be anything you require during this time, please don’t hesitate in contacting us.
Bloomberg source can be found here: