Chinese company Kairun Shares is mainly engaged in the R&D, design, production, and sales of casual bags, travel luggage, and other products. Its business model is divided into OEM manufacturing and brand operations.In 2024, the company's sales revenue in the U.S. market accounted for approximately 15%, mostly from OEM manufacturing. Products sold to the U.S. are primarily produced in its Indonesian manufacturing base. Among Southeast Asian and South Asian countries, Indonesia has the lowest "reciprocal tariff" imposed by the U.S., at only 32%, making it relatively the least affected by tariffs with long-term advantages. The OEM business mainly transacts with clients under the FOB model, where freight and tariffs after goods are loaded onto the ship are borne by the client, so the U.S. tariff increase does not directly increase the company's costs. Considering factors such as the company's U.S. revenue share, capacity layout, and cooperation model, the overall impact of the U.S. tariff increase on the company is limited.
Chinese company Kairun Shares is mainly engaged in the R&D, design, production, and sales of casual bags, travel luggage, and other products. Its business model is divided into OEM manufacturing and brand operations.In 2024, the company's sales revenue in the U.S. market accounted for approximately 15%, mostly from OEM manufacturing. Products sold to the U.S. are primarily produced in its Indonesian manufacturing base. Among Southeast Asian and South Asian countries, Indonesia has the lowest "reciprocal tariff" imposed by the U.S., at only 32%, making it relatively the least affected by tariffs with long-term advantages. The OEM business mainly transacts with clients under the FOB model, where freight and tariffs after goods are loaded onto the ship are borne by the client, so the U.S. tariff increase does not directly increase the company's costs. Considering factors such as the company's U.S. revenue share, capacity layout, and cooperation model, the overall impact of the U.S. tariff increase on the company is limited.