Gelonghui reported on November 18 that ningbo boway alloy material (601137.SH) stated on the investor interaction platform that the adjustment of the export tax rebate policy mainly involves the company's export business. The company's overseas income sources mainly come from overseas production bases, which also includes some domestic product exports. After the policy is implemented, all domestic exported products will transition to a processing with supplied materials model, where the processing fee serves as the tax base, and is minimally affected by the tax rebate adjustment. The company's new materials business already has multiple production bases in Vietnam, Germany, and Canada, and the adjustment of the export tax rebate policy will significantly enhance the competitiveness of the company's products from overseas production bases.