CRYSTAL INTL (02232) has seen a surge of over 3%, with a current increase of 2.25% to HKD 6.81 and a trading volume of HKD 10.5999 million. According to research from Huaxi Securities, the U.S. and China will suspend the implementation of a 24% tariff for 90 days starting August 12, 2025, leading to overall caution in manufacturing for the second half of the year. As for manufacturing companies, CRYSTAL INTL is expected to benefit from a customer dividend resonance period across various categories. Tianfeng Securities suggests that the ongoing impact of tariffs has reshaped the procurement landscape of the U.S. apparel industry, with brand clients leaning towards lower-cost alternatives to alleviate the burden of high tariffs. This trend may intensify due to signs of economic weakness in the United States. The firm also notes that to adapt to these market conditions, CRYSTAL INTL will prioritize growth opportunities in the European and Asian markets. Vietnam serves as a cornerstone of the company's global production network, accounting for over 60% of total output. The company plans to further reserve capacity for growth, accelerate modernization upgrades at its Vietnamese facilities, and build a local vertical supply chain. Additionally, the company will actively assess the feasibility of establishing new production bases in regions surrounding Europe to shorten transportation times and enhance its capacity to respond to the European market.