Hello, hello, community!
We would like to get in touch with you over recent news that has a potential effect on the progress of our project. It refers to power cuts in mainland China that have reduced production capacities in affected factories.
As you may have read in articles like this one, China has begun restricting power consumption in selected regions to offset various economic disturbances, especially the rise of shipping and import costs like that of coal used to produce electricity. Several manufacturing facilities have been instructed to lower manufacturing output to comply with the restrictions. One of our suppliers for Project: V, located in Guangdong province, has been impacted by these restrictions.
As of now, Project: V is not affected by this unforeseeable situation. That being said, we will continue to observe its impact and keep you informed.