As the Red Sea region's tense situation impacts global shipping, we at Qingdao Auto Star Trading Co., Ltd. (referred to as “Auto Star”) fully understand our customers' concerns. Here are the measures we are taking to ensure maximum protection of our customers' interests during this uncertain period:

1. Optimizing Transportation Costs

Faced with potential increases in shipping costs, Auto Star is actively seeking alternative routes and methods of transportation to avoid passing additional expenses onto our customers. Our goal is to minimize the impact of increased costs on our customers while ensuring safe and efficient transportation.

2. Ensuring a Stable Supply Chain

We are working closely with our freight forwarding partner, Qingdao JTH Logistics Co., Ltd., to ensure continuity and timeliness in our shipments. By optimizing inventory management and logistics strategies, we strive to ensure timely delivery of customer orders, reducing the impact of supply chain disruptions on their business.

3. Personalized Customer Service

Auto Star understands that each customer's needs are unique. Therefore, we offer personalized services and solutions to meet the specific demands of different markets and customers. Our customer service team is always ready to respond to inquiries and needs, providing customized support.

4. Transparent Communication

In the current uncertain environment, timely and transparent sharing of information is crucial. Auto Star commits to providing our customers with the latest market dynamics and logistics information, ensuring they can make the best business decisions.

5. Enhancing Market Risk Management

Auto Star actively monitors global market and political developments to better predict and manage market risks associated with automotive exports. We are dedicated to helping our customers maintain competitiveness in an unstable international environment through precise market analysis and strategic adjustments.

Conclusion

Faced with the challenges posed by the Red Sea incident, Auto Star is committed to ensuring the maximization of customer interests through stable supply chain management, cost optimization, personalized service, and transparent communication. We believe that through these measures, we can help our customers maintain business continuity and stability during this challenging period.