VAT Invoice Ratio Adjustment-2019.3.26

Due to the adjustment of the VAT invoice rate by the State Administration of Taxation (the tax rate was reduced from 16% to 13%)， all the concluded orders have to be finished before 23rd. Our accounting department will implement the new rate from 26th 2019. The pending VAT Invoice for the finished orders will be accounted until the 17:30 on 25th 2019.