招商证券指出，工具企业中，巨星、格力博、泉峰等龙头通过加速海外产能建设，基本在2025-2026年足以覆盖美国需求，结合短期备货发至仓库，足以应对风险。据悉，创科实业的海外产能布局涉及越南、墨西哥、美国，3个东南亚生产基地、5个欧洲生产基地和3个美国生产基地。TECHTRONIC IND (00669) fell over 4% in the afternoon, and as of the time of writing, it is down 3.71%, priced at 109 Hong Kong dollars, with a transaction volume of 0.228 billion Hong Kong dollars.
According to the Zhituo Finance APP, TECHTRONIC IND (00669) fell over 4% in the afternoon, and as of the time of writing, it is down 3.71%, priced at 109 Hong Kong dollars, with a transaction volume of 0.228 billion Hong Kong dollars.
In news, on November 25, US President-elect Trump stated that a 25% tariff will be imposed on all products entering the USA from Mexico and Canada. Additionally, a 10% tariff will be levied on all Commodities imported from China. Lyon estimates that in terms of trade uncertainty, TECHTRONIC has significantly improved its supply chain resilience, reducing exposure to the USA market from China. Therefore, compared to its competitors, TECHTRONIC is better prepared.
China Merchants points out that among tool companies, leaders like Stanley, Graco, and Qianza have accelerated overseas capacity construction, essentially sufficient to meet USA demand by 2025-2026, combined with short-term stocking to warehouses, which is adequate to respond to risks. It is reported that TECHTRONIC IND's overseas capacity layout involves Vietnam, Mexico, and the USA, with three Southeast Asia production bases, five Europe production bases, and three USA production bases.
