Announcement
Column:Company News Time:2020-02-24
Dear Partners, As many of you might have known the public health emergency of 2019-nCov, thanks for your kindness of care and support to our country and citizens. In Guangdong province, total infected person number 1345, cured 772 person already

Dear Partners,

As many of you might have known the public health emergency of 2019-nCov, thanks for your kindness of care and support to our country and citizens.

In Guangdong province, total infected person number 1345, cured 772 person already with unfortunate loss 6 person, per 24th Feb 2020 public data from NHC of People' s

Republic of China. Official site: http://en.nhc.gov.cn/DailyBriefing.html

Oranth has officially resumed to work, on 20th Feb for office site, while our factory site starts to work on 24th Feb. Due to the current situation

1. Production Capacity: It takes time for all labor-intensive factories to recover production capacity.

2. Expense Increase: Labor cost is forecast to rise 15-30% per some economist. Moreover we have been monitoring IC components which appears to be longer lead time and higher price. Some passive IC components has doubled the price.

We' d highly appreciate your understanding of below changes

1. Confirmed orders with down payment secured: We’d try our best to execute the deal, and hope you could understand in case of any shipment delay.

2. Offer validity: Now we only could guarantee validity of quotation within 10 working days as IC components market is dynamic.

3. Production and shipment principal: Orders with full payment would be our highest priority. Exact guaranteed delivery lead time would be upon our production schedule.


Above changes would be valid for 3 months until 24th May 2020. Thanks for your trust and support to Oranth. Please contact our sales regarding your future order plan.

Last, our factory is strictly following government’s instructions regarding the environment control.

Blessing!

Peter Wang

General Manager