Price Adjustment Notice To Customers

Dear Valued Customers,

Recently, as China’s domestic enterprises face the fact that is suffering raising price of raw materials and labor force, bearing the trend of inflation changing.

HiCOOi is not exception.  

At present, the price we offered to you before is so low that our margin of profit would be either very little or nil, it is hard to keep running especially the RMB exchange rate has up nearly 5 percent in recent months. 

We, insist on long turn credible service, common developing, quality first, creating value and sharing profit concepts, so for sustainable development and better service to your esteem company, we need to adjust the price based on the current market, the new price as follows:                                                       

All price will be raised 3% for each unit.

In view of the good business relationship between us as before, now we inform your esteem company that the new price policy will be completed from Oct. 15th, 2020.

Hope you could understand us and continue supporting.

Yours Sincerely.

SHENZHEN HICOOI ELECTRONIC CO.,LTD.

OVERSEAS DEPARTMENT

Oct. 15, 2020