[ET Net News Agency, 31 January 2020] China Environmental Technology and Bioenergy
Holdings Limited (01237) said the U.S. Department of Commerce announced the initiation of
new anti-dumping duty and countervailing duty investigations to determine whether wood
mouldings and millwork products from Brazil and China are being dumped in the United
States, and to determine if producers in China are receiving unfair subsidies.
Certain of the group's wood products exported to the United States were under the scope
of such investigations. The group will closely monitor the development on the
investigations, evaluate the impact to the group and seek for necessary and decisive
actions to minimise the negative impact. (RC)