Jin Lian Cheng July Revenue Down 47% Due to Regulatory Adjustments

Jin Lian Cheng, a company specializing in the recycling of lead-acid batteries, experienced a significant downturn in its July revenue. The company reported NT$0.16 billion, a 47.84% decrease compared to the previous month. This sharp decline is directly linked to necessary adjustments in its production schedules.

General Manager Chen Jun-ming explained that the company is adapting to revised regulations from the Environmental Protection Administration. Specifically, the lead smelting process, classified as a second-level smelting operation, requires modifications to comply with new environmental standards. These changes necessitate a temporary halt or alteration in production.

The company anticipates that these regulatory adjustments will impact its operations throughout July, with the full effects of the compliance measures becoming clearer as the year progresses. The focus remains on meeting the updated environmental mandates while managing the short-term financial implications.