AIA Engineering Limited — Others, 04-12-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

AlA Engineering Limited has provided an update regarding the U.S. Department of Commerce's preliminary determination of an anti-dumping duty of 4.30% on certain high chrome cast iron grinding media imported from India. This duty will take effect upon publication in the U.S. Federal Register, with a final determination expected in April/May 2025. The imposition of this duty could impact the company's export competitiveness and financial performance. Investors should remain watchful of potential risks associated with increased costs and market share implications, while also considering future adjustments in strategy in response to these developments.