Two cases of shrimp transmission in the United States China wins union aquatic products maintain zero tariff

After months of litigation, the industry has been concerned about the "U.S. to China frozen warm water shrimp anti-subsidy case" a dramatic change. Yesterday (September 23) The National Union Aquatic product (market, interrogation) issued a notice, the proposed disclosure of major matters 23rd open. At the same time, the United States International Trade Commission in recent days, rejected the U.S. Department of Commerce up to 18% of the tax proposal, ruled that the National Union of Aquatic Products (300094, close to 7.25 yuan) and other Chinese enterprises countervailing duty rate is zero, the company will continue to adjust the business structure, increase the expansion of the Yesterday afternoon the company after the card, the stock price ushered in trading.　　Financial profit, current savings interest rate increase 1000% countervailing investigation wins this January, the US Department of Commerce officially filed a countervailing investigation by the Gulf shrimp industry coalition on frozen warm water shrimp originating from China, Ecuador and seven other countries. As the leading enterprise of Chinese shrimp transmission, the aquatic product was selected as the compulsory respondent to the countervailing investigation.　　The daily economic news reporter looked through the data found that the National Union aquatic exports to the United States frozen warm water shrimp has enjoyed years of zero tariff treatment. After 4 months of waiting, the United States Department of Commerce at the end of May finally announced the first results, the National Union of Aquatic products and other Chinese-related enterprises countervailing duty rate of 5.76%; but this is not the worst result, August 14, the U.S. Department of Commerce announced to China and other seven countries of the water Shrimp products countervailing Investigation final results. In the final decision, the United States will levy a 18.16% countervailing duty on Chinese-related aquatic products companies.　　After the U.S. Department of Commerce announced the final outcome, the United States International Trade Commission to the final decision, anti-dumping punitive tariff policy can be formally effective. An aquatic association expert once thought, "rises from 5.76% to 18.16%, the countervailing duty rate increases nearly 3 times times many, greatly is not anticipated by the industry." At present, Chinese shrimp industry Enterprise's average profit rate is less than 3%, Levy 18.16% tax rate is obviously too high, Chinese enterprise cannot bear. "September 20, the United States International Trade Commission released the final results as scheduled."　　Surprisingly, the final defeat of China and other five countries in the United States to the U.S.-related industries damage, the U.S. Department of Commerce may not levy countervailing duty. In the face of dramatic results, the National Union of Aquatic securities staff to the daily economic news reporter said, "There is no doubt that we have completed a super big reversal, before the revision or the light of the hope is slim, who did not expect to be such a result." As a result, China has finally won the countervailing investigation, and the National Union aquaculture will remain a zero-rate enterprise for the shrimp. "Increase the non-US market expansion according to a brokerage researcher," warm water shrimp mainly produced in Asia Pacific (market, interrogation) region, the U.S. exports of warm water shrimp more countries have China, Vietnam, Thailand, Indonesia, India and so on. The biggest export of Chinese enterprises is Japan, then the EU, and finally the United States. After the European debt crisis, the EU's consumption capacity fell, Japan's imports are also falling, the U.S. market has become aThe main market for the export of warm water shrimp products by the national enterprises.　　He further pointed out that it is very dangerous to rely entirely on the U.S. market, the so-called "eggs do not put in a basket", domestic enterprises should develop new markets, broaden sales channels. 2012 Annual report shows that the National Union aquatic Products main income of 1.453 billion yuan, foreign sales total of 1.057 billion yuan. Among them, the company's foreign trade is mainly shrimp sales, the United States only sales revenue accounted for about 80% of the total.　　According to the 2013 report, the company's exports to the United States of aquatic products accounted for about 17.6% of the total sales revenue, coupled with a wholly-owned subsidiary of the United States SSC Company to achieve the 419 million yuan sales, the United States and the U.S. exports accounted for a large proportion of fish. In this respect, the National Union aquatic Workers explained that although the company eventually won the countervailing investigation case, but will continue to implement a diversification strategy, and timely adjustment of the market structure.　　Now, the main focus of the National Union aquatic products in the domestic market and the non-US market, Southeast Asia, Europe, Africa will be the focus of development areas. And for the domestic market, the National Union of aquatic products Dong Guo Wenliang once to the "Daily economic news" Reporter said that in the country to enter a supermarkets, the need to pay about 10,000 yuan in the entrance fee, the company in the business is still in the expansion period, not to make money. Its regular reports also show that the company has spent more than 10 million yuan last year just to get into the business Super Channel.