On December 2, Gelonghui reported that ningbo boway alloy material (601137.SH) stated on the investor interaction platform that the initial ruling results of the dual anti-dumping measures released by the usa Department of Commerce have been made public, and the company will continue to submit materials before the final ruling. The initial ruling results of the usa's dual anti-dumping measures against four Southeast Asian countries have been announced, with the preliminary countervailing duty rate for the company's wholly-owned subsidiary, Bowailte (Vietnam) cecep solar energy technology Co., Ltd., being 0.81%, and the preliminary anti-dumping duty rate being 54.46%. A comprehensive analysis of the preliminary anti-dumping duty rates for photovoltaic enterprises in the four Southeast Asian countries shows that the impact on the company is better than expected, mainly reflected in the following three aspects: 1) Starting in 2023, based on a strategic determination of future development trends, the company has decided to invest in the usa to build projects for 2GW TopCon solar cells and 2GW TopCon components, and the company already has production capacity in the usa; 2) In some regions of the four Southeast Asian countries (Thailand, Cambodia), the company's high tariffs will completely restrict its capacity supply to the usa, supporting the price of photovoltaic new energy products in the usa; 3) The usa's dual anti-dumping policies will largely restrict the supply of photovoltaic new energy products in the usa market, and relying solely on the limited capacity from Malaysia and other regions will not meet the demand of the usa market; products from the company's operations in Vietnam can still be sold to the usa market.