Monthly Archives: August 2024

　　Air source heat pumps (ASHPs) are rapidly gaining popularity as a highly efficient solution for heating and cooling in both residential and commercial settings. Among the various options available, the Mango air source heat pump stands out for its superior performance and cost-effectiveness. This article explores why the Mango Air Source Heat Pump is considered the most energy-efficient choice, touching upon its functionality, benefits, and implications for commercial water heaters and heat pump prices.Air source heat pumps work by extracting heat from the outside air and transferring it indoors. This process can be reversed in the summer to provide cooling. Unlike traditional heating systems that rely on burning fossil fuels, heat pumps use electricity to move heat, making them much more efficient. The efficiency of a heat pump is measured by its coefficient of performance (COP), which indicates the amount of heat produced per unit of electricity consumed. Typically, ASHPs can achieve COPs of 3 or higher, meaning they produce three units of heat for every unit of electricity used.Doing these simple things can also make heat pumps for sale Sowing high-quality genes will eventually grow into towering trees and become the leader in the industry. http://mangoenergyheatpump.com

　　The Mango Air Source Heat Pump Advantage

　　The Mango Air Source Heat Pump exemplifies the advantages of modern ASHP technology. It combines advanced engineering with robust materials to deliver exceptional performance, reliability, and energy savings.

　　High Efficiency: The Mango Air Source Heat Pump boasts a high COP, often exceeding industry standards. This high efficiency translates to significant energy savings, especially when compared to conventional heating systems.

　　Advanced Technology: The Mango ASHP incorporates cutting-edge technology, such as variable speed compressors and smart thermostats, which optimize performance and energy use. These features allow the system to adjust its operation based on the current heating or cooling demand, further enhancing efficiency.

　　Eco-Friendly Refrigerants: The Mango ASHP uses environmentally friendly refrigerants with low global warming potential (GWP), reducing its environmental impact while maintaining high efficiency.

　　Durability and Reliability: Built with high-quality components, the Mango ASHP is designed to withstand harsh weather conditions and provide reliable performance over many years. This durability ensures that the system remains efficient throughout its lifespan.

　　Benefits for Commercial Water Heaters

　　For commercial applications, the Mango Air Source Heat Pump offers an efficient solution for water heating. Traditional commercial water heaters can be significant energy consumers, especially in industries such as hospitality, healthcare, and food service. By integrating an ASHP, businesses can reduce their energy consumption and operational costs.

　　Energy Savings: Commercial water heaters powered by Mango ASHPs consume less electricity compared to electric resistance heaters or gas-fired systems. This reduction in energy use leads to lower utility bills and a smaller carbon footprint.

　　Consistent Performance: The Mango ASHP provides consistent heating performance, ensuring that hot water is available on demand, which is crucial for commercial operations.

　　Lower Maintenance Costs: With fewer moving parts and no combustion process, ASHPs require less maintenance than traditional heating systems, resulting in lower maintenance costs and less downtime.

　　Competitive Heat Pump Prices

　　One of the critical factors influencing the adoption of ASHPs is their cost. While heat pump prices have traditionally been higher than those of conventional heating systems, the long-term savings and incentives available can offset the initial investment.

　　Upfront Costs: Although the initial purchase and installation cost of the Mango Air Source Heat Pump may be higher than some traditional systems, the investment is justified by the energy savings and reduced operating costs over time.

　　Incentives and Rebates: Many governments and utility companies offer incentives, rebates, and tax credits for the installation of energy-efficient systems like ASHPs. These financial incentives can significantly reduce the effective heat pump prices, making them more accessible to both residential and commercial customers.

　　Long-Term Savings: The high efficiency of the Mango ASHP means that the system pays for itself through energy savings within a few years. Over the lifespan of the unit, the savings can be substantial, making it a financially sound investment.

　　The Mango Air Source Heat Pump stands out as the most energy-efficient choice for heating and cooling due to its high COP, advanced technology, and eco-friendly features. For commercial water heaters, the adoption of ASHPs offers significant energy savings, consistent performance, and reduced maintenance costs. Despite the higher upfront heat pump prices, the long-term savings and available incentives make the Mango ASHP a cost-effective and sustainable solution. As businesses and homeowners increasingly prioritize energy efficiency and environmental responsibility, the Mango Air Source Heat Pump is poised to lead the way in transforming how we heat and cool our spaces.

　　When it comes to manufacturing custom silicone parts, precision and quality are paramount. Longxiang, a leading custom silicone part supplier, excels in delivering high-precision silicone parts tailored to meet diverse industry needs. In this blog post, we’ll explore the importance of custom silicone parts, the benefits of high-precision manufacturing, and why Longxiang stands out as a top supplier.For this reason, it can be speculated that silicone overmolding parts The market feedback will get better and better, which is one of the important reasons why it can develop. https://lxsiliconeparts.com/

　　The Importance of Custom Silicone Parts

　　Custom silicone parts are essential in various industries, including automotive, medical, electronics, and consumer goods. Their versatility, durability, and resilience make them ideal for applications requiring flexibility, heat resistance, and biocompatibility. Customization allows these parts to be tailored to specific requirements, ensuring optimal performance and functionality.

　　custom silicone parts

　　Benefits of High-Precision Silicone Parts

　　Accuracy: High-precision silicone parts ensure that components fit perfectly within their intended applications, reducing the risk of malfunction or failure.

　　Consistency: Precision manufacturing guarantees that each part produced meets the same high standards, ensuring reliability across large production runs.

　　Enhanced Performance: Precise silicone parts offer better performance in demanding environments, such as extreme temperatures or high-stress conditions.

　　Cost Efficiency: While high-precision parts may have higher upfront costs, their durability and reliability can lead to long-term savings by reducing the need for frequent replacements or repairs.

　　Longxiang: Your Trusted Custom Silicone Part Supplier

　　Longxiang has established itself as a premier supplier of custom silicone parts, known for its commitment to quality and precision. Here¨s why Longxiang is the go-to choice for businesses seeking top-notch silicone components:

　　Advanced Manufacturing Capabilities

　　Longxiang utilizes state-of-the-art manufacturing technologies to produce high-precision silicone parts. Their advanced machinery and skilled workforce ensure that each part meets the exact specifications required by clients.

　　Comprehensive Customization

　　Longxiang offers extensive customization options, allowing clients to specify the exact dimensions, shapes, and properties needed for their silicone parts. This flexibility ensures that each component is perfectly suited to its intended application.

　　Strict Quality Control

　　Quality is a cornerstone of Longxiang’s manufacturing process. Rigorous quality control measures are in place at every stage of production to ensure that each silicone part meets the highest standards of precision and performance.

　　Industry Expertise

　　With years of experience in the silicone parts industry, Longxiang has the expertise to handle complex projects and deliver solutions that meet the unique needs of various industries. Their knowledge and experience ensure that clients receive the best possible products and services.

　　In daily life, we often use plastic PE gloves. Plastic gloves are disposable items that are easily consumed in daily life. We use a pair for stewed food, a pair for crayfish, and a pair for home hygiene. While plastic gloves provide us with convenience, they also cause a certain degree of environmental pollution due to excessive use and lack of recycling, becoming “white garbage”. As environmental protection becomes more and more important, we need to enhance our environmental awareness and pay attention to this matter.Not only does it perform well in data, recycle trash bags In the market share, it is also gradually expanding, so that more people can benefit. https://biodegradable-gd.com

　　Biodegradable PLA gloves are disposable gloves made from polylactic acid (PLA), a biodegradable and bioactive thermoplastic derived from renewable resources like corn starch or sugarcane. Unlike traditional disposable gloves made from synthetic materials such as nitrile or latex, PLA gloves are designed to break down more quickly and sustainably in the environment. Here¨s a detailed look at compostable PLA gloves:

　　Benefits of biodegradable gloves:

　　1. The performance remains unchanged during the shelf life, and after use, it can be degraded into inorganic substances such as carbon dioxide and water under natural environmental conditions, becoming nutrients for plants and will not pollute the environment

　　2. Easy to use, not only green and healthy, but also very convenient to use

　　3. The raw material source of biodegradable gloves is very environmentally friendly. The raw material comes from polylactic acid PLA, which comes from plant resources such as corn and potatoes. It is green, environmentally friendly and sustainable. It will not come from petroleum like plastic PE gloves, which is not sustainable, and the production process is very polluting.

　　When purchasing compostable gloves, we need to try to choose large platforms for purchase. When purchasing, you need to confirm the ingredients of the biodegradable gloves with the merchant, which are generally polylactic acid PLA, polyadipate PBAT, and starch. Others such as PE+starch are pseudo-degradable gloves, not qualified degradable gloves, and need to be purchased with caution.

　　Biodegradable PLA gloves are a promising alternative to traditional disposable gloves, offering significant environmental benefits through the use of renewable resources and compostable materials. As technology and manufacturing processes advance, the performance and accessibility of compostable PLA gloves are likely to improve, making them a viable option for a broader range of applications.

　　Cold heading is a common process for manufacturing the heads of fasteners such as bolts, screws, pins, rivets, etc. In many cases, heading is actually a type of cold heading. Cold heading is a forging method that uses a die to compress and shape metal bars at room temperature.As can be seen from the new data, non-standard fasteners price The market influence is also growing, and the product share is also relatively increasing, which has great potential in the future. https://jieruifasteners.com/

　　The specific operation process is to put the metal bar into the cold heading machine and extrude it into shape through pressure. During the extrusion process, the metal bar will undergo plastic deformation, thereby changing its shape and size, and the head of the fastener will be formed.

　　In the field of fastener manufacturing, cold heading process is widely used because of its following characteristics:

　　1. Cold heading process can be carried out at room temperature without heating metal materials.

　　2. Cold heading process can reduce or replace cutting processing and improve material utilization.

　　3. Cold heading machine models and series are complete, suitable for various bolts and nuts forming, equipment performance is reliable, high efficiency, stable quality.

　　4. Cold heading machine can realize continuous, multi-station, automatic production, simple operation, suitable for mass production.

　　The cold heading process can improve the surface finish of the workpiece and ensure the accuracy of the workpiece, and can manufacture high-precision, high-strength bolts, nuts, etc.; the cold heading process can improve the mechanical properties of the workpiece, such as increasing the density and hardness of the material, thereby improving wear resistance and corrosion resistance. In general, the cold heading process can improve productivity, ensure the quality of fasteners, reduce material loss, and reduce production costs. It is increasingly widely used in the production of standard fasteners.

　　Choosing which surface treatment to use is a problem that every designer faces. There are many types of surface treatments to choose from, and not only should the economy and practicality of the design be considered, but also the processability of the assembly and even environmental protection requirements should be taken into consideration. The following is a brief introduction to some commonly used coatings for fasteners based on the above principles for reference.With the upsurge of industry development, non-standard fasteners price The expressive force in the market has also been very good, bringing many brand-new high-quality experiences to users. https://jieruifasteners.com/

　　1. Electrogalvanizing

　　Electrogalvanizing is the most commonly used coating for commercial fasteners. It is relatively cheap and looks good. Common colors include black and military green. However, its anti-corrosion performance is average, and its anti-corrosion performance is the lowest among zinc plating (coating) layers. Generally, the neutral salt spray test of electrogalvanizing is within 72 hours. Special sealants are also used to make the neutral salt spray test reach more than 200 hours, but the price is expensive, which is 5 to 8 times that of general galvanizing. The torque-preload consistency of electrogalvanized fasteners is poor and unstable, and is generally not used for connections in important parts. In order to improve the torque-preload consistency, the method of applying lubricating substances after plating can also be used to improve and improve the torque-preload consistency.

　　2. Phosphating

　　A basic principle Phosphating is cheaper than galvanizing, but its corrosion resistance is worse than galvanizing. Oil should be applied after phosphating, and its corrosion resistance is greatly related to the performance of the oil applied. For example, after phosphating, applying general anti-rust oil, the neutral salt spray test is only 10 to 20 hours. Applying high-grade anti-rust oil can last for 72 to 96 hours. But its price is 2 to 3 times that of general phosphating oiling.

　　There are two common types of non-standard fasteners phosphating, zinc phosphating and manganese phosphating. Zinc phosphating has better lubrication performance than manganese phosphating, and manganese phosphating has better corrosion resistance and wear resistance than galvanizing. Its operating temperature can reach 225 degrees to 400 degrees Fahrenheit (107 to 204 degrees Celsius). Especially for the connection of some important parts. Such as the connecting rod bolts and nuts of the engine, cylinder heads, main bearings, flywheel bolts and wheel bolts and nuts. Phosphating high-strength bolts can also avoid hydrogen embrittlement problems, so in the industrial field, bolts above grade 10.9 are generally treated with phosphating surface treatment.

　　3. Oxidation blackening

　　Blackening + oiling is a very popular coating for industrial fasteners because it is the cheapest and looks good before the oil runs out. Since blackening has almost no anti-rust ability, it will rust quickly after oiling. Even in the presence of oil, the neutral salt spray test can only reach 3 to 5 hours.

　　4. Electroplating cadmium

　　Cadmium coating has good corrosion resistance, especially in marine atmospheric environment, its corrosion resistance is better than other surface treatments. The waste liquid treatment cost in the process of electroplating cadmium is high, and its price is about 15~20 times that of electroplating zinc. Therefore, it is not used in general industries and is only used in some specific environments. For example, it is used for non-standard fasteners for oil drilling platforms and HNA aircraft.

　　When it comes to manufacturing custom silicone parts, precision and quality are paramount. Longxiang, a leading custom silicone part supplier, excels in delivering high-precision silicone parts tailored to meet diverse industry needs. In this blog post, we’ll explore the importance of custom silicone parts, the benefits of high-precision manufacturing, and why Longxiang stands out as a top supplier.Today, people are interested in silicone overmolding parts There are also many dependencies, and the expectations for products are getting higher and higher. https://lxsiliconeparts.com/

　　The Importance of Custom Silicone Parts

　　Custom silicone parts are essential in various industries, including automotive, medical, electronics, and consumer goods. Their versatility, durability, and resilience make them ideal for applications requiring flexibility, heat resistance, and biocompatibility. Customization allows these parts to be tailored to specific requirements, ensuring optimal performance and functionality.

　　custom silicone parts

　　Benefits of High-Precision Silicone Parts

　　Accuracy: High-precision silicone parts ensure that components fit perfectly within their intended applications, reducing the risk of malfunction or failure.

　　Consistency: Precision manufacturing guarantees that each part produced meets the same high standards, ensuring reliability across large production runs.

　　Enhanced Performance: Precise silicone parts offer better performance in demanding environments, such as extreme temperatures or high-stress conditions.

　　Cost Efficiency: While high-precision parts may have higher upfront costs, their durability and reliability can lead to long-term savings by reducing the need for frequent replacements or repairs.

　　Longxiang: Your Trusted Custom Silicone Part Supplier

　　Longxiang has established itself as a premier supplier of custom silicone parts, known for its commitment to quality and precision. Here¨s why Longxiang is the go-to choice for businesses seeking top-notch silicone components:

　　Advanced Manufacturing Capabilities

　　Longxiang utilizes state-of-the-art manufacturing technologies to produce high-precision silicone parts. Their advanced machinery and skilled workforce ensure that each part meets the exact specifications required by clients.

　　Comprehensive Customization

　　Longxiang offers extensive customization options, allowing clients to specify the exact dimensions, shapes, and properties needed for their silicone parts. This flexibility ensures that each component is perfectly suited to its intended application.

　　Strict Quality Control

　　Quality is a cornerstone of Longxiang’s manufacturing process. Rigorous quality control measures are in place at every stage of production to ensure that each silicone part meets the highest standards of precision and performance.

　　Industry Expertise

　　With years of experience in the silicone parts industry, Longxiang has the expertise to handle complex projects and deliver solutions that meet the unique needs of various industries. Their knowledge and experience ensure that clients receive the best possible products and services.

　　As the world grapples with the escalating plastic pollution crisis, innovative packaging solutions are crucial for mitigating environmental impact. Among these solutions, biodegradable zipper bags, including compostable zipper bags and biodegradable ziplock bags, stand out as promising alternatives to conventional plastic bags. This article explores how these eco-friendly options contribute to reducing plastic pollution and their benefits for both the environment and consumers.This means that biodegradable mailing bags It is the weather vane of the industry and can bring people great self-confidence. https://biodegradable-gd.com

　　1. The Environmental Challenge of Traditional Plastic Bags

　　Traditional plastic bags are a significant contributor to environmental pollution. Made from polyethylene, they are durable and resistant to degradation, which, while advantageous for their intended use, means they persist in the environment for hundreds of years. These bags often end up in landfills, where they can take centuries to break down, releasing harmful chemicals into the soil and waterways. Additionally, they frequently contribute to marine pollution, harming wildlife that ingest or become entangled in plastic debris.

　　biodegradable ziplock bag.jpg

　　2. Biodegradable Zipper Bags: A Sustainable Alternative

　　Biodegradable zipper bags are designed to address the issues associated with conventional plastic bags. Unlike traditional plastics, these bags are engineered to decompose more rapidly under certain conditions. They are made from materials that break down into natural components, such as cornstarch or other plant-based substances, which can be processed by microorganisms in composting environments.

　　Key Features of Biodegradable Zipper Bags:

　　Material Composition: Biodegradable zipper bags are typically made from polymers derived from renewable resources like cornstarch or sugarcane. These materials are designed to degrade more quickly than conventional plastics, reducing the long-term environmental impact.

　　Decomposition Process: When exposed to the right conditions！such as moisture, heat, and microbial activity！biodegradable zip lock bags and compostable zipper bags begin to break down into organic matter. This process occurs much faster than the degradation of traditional plastics, minimizing their persistence in landfills and natural environments.

　　3. Benefits of Biodegradable Zipper Bags

　　Reduced Plastic Waste: By replacing conventional plastic bags with biodegradable alternatives, the volume of non-degradable plastic waste is significantly reduced. This shift helps decrease the amount of plastic that ends up in landfills and oceans, thereby mitigating the harmful effects of plastic pollution.

　　Lower Environmental Impact: Biodegradable zipper bags decompose into non-toxic substances, unlike traditional plastics that can release harmful chemicals as they break down. This reduces the risk of soil and water contamination and helps maintain ecosystem health.

　　Enhanced Composting: Compostable zipper bags can be processed in industrial composting facilities where they break down into nutrient-rich compost. This compost can then be used to enrich soil, supporting agricultural practices and closing the loop on waste.

　　4. Practical Considerations

　　While biodegradable zipper bags offer significant environmental advantages, there are practical considerations to keep in mind:

　　Composting Facilities: Biodegradable and compostable bags require specific conditions to decompose properly. Industrial composting facilities provide the ideal environment for these bags to break down effectively. In areas lacking such facilities, the environmental benefits may be reduced.

　　Consumer Awareness: For biodegradable zipper bags to have a meaningful impact, consumers need to be aware of proper disposal methods. Education on the correct disposal of these bags！whether through composting programs or specific waste management systems！is essential for maximizing their benefits.

　　Cost and Availability: Biodegradable and compostable bags can be more expensive than traditional plastic bags, which may be a consideration for both consumers and businesses. However, the long-term environmental benefits often outweigh the initial cost.

　　5. Future Outlook

　　The use of biodegradable zipper bags represents a positive step toward reducing plastic pollution. As technology advances and production processes become more efficient, these bags are likely to become more affordable and widely available. Continued innovation and increased consumer adoption will play crucial roles in mitigating plastic pollution and promoting sustainable packaging solutions.

　　Biodegradable zipper bags, including compostable zipper bags and biodegradable ziplock bags, offer a promising solution to the plastic pollution crisis. By breaking down more rapidly and reducing the long-term environmental impact of plastic waste, these bags contribute to cleaner ecosystems and a more sustainable future. As the market for eco-friendly packaging solutions expands, the adoption of biodegradable options will play a critical role in addressing one of the most pressing environmental challenges of our time.

　　When it comes to the world of fasteners, non-standard options are essential for industries requiring unique solutions. Ensuring the quality of these custom non-standard fasteners is paramount to meet the specific demands of various applications. This article will explore how to guarantee the quality of non-standard fasteners, focusing on the role of suppliers like Jierui Hardware Factory, and the factors that influence the non-standard fasteners price.As we all know, Non standard hardware factory The emergence of the market is worthy of many people’s attention, which has aroused the waves of the whole market. https://jieruifasteners.com/

　　The Role of Jierui Hardware Factory

　　Jierui Hardware Factory, as a hypothetical example of a non-standard fasteners supplier, plays a crucial role in the quality assurance process:

　　Customization Expertise: With a focus on custom non-standard fasteners, Jierui Hardware Factory would have the capability to produce fasteners that meet specific industry standards or client requirements.

　　Quality Control Systems: Implementing rigorous quality control measures ensures that each batch of non-standard fasteners meets the highest quality benchmarks.

　　Materials Testing: Jierui would conduct thorough material testing to ensure the fasteners’ durability and resistance to various environmental factors.

　　Factors Influencing Non-Standard Fasteners Price

　　While quality is paramount, the price of non-standard fasteners is influenced by several factors:

　　Material Costs: The choice of material, such as stainless steel, brass, or titanium, can significantly affect the cost.

　　Complexity of Design: More complex designs requiring intricate machining or specialized tooling will increase the price.

　　Production Volume: Economies of scale can reduce the cost per unit when ordering larger quantities.

　　Customization Level: Higher levels of customization can lead to increased costs due to the need for specialized manufacturing processes.

　　Steps to Ensure Quality in Non-Standard Fasteners Supply

　　Define Specifications Clearly: Clearly outline the required dimensions, materials, tolerances, and any special treatments or coatings.

　　Choose a Reputable Supplier: Opt for suppliers like Jierui Hardware Factory with a proven track record in producing high-quality custom non-standard fasteners.

　　Request Samples: Before placing a bulk order, request samples to verify the quality and fit for your specific application.

　　Understand the Quality Assurance Process: Ensure the supplier has a robust quality assurance process in place, including third-party certifications if applicable.

　　Negotiate on Price: While considering the non-standard fasteners price, negotiate with the supplier to find a balance between cost and quality that suits your budget.

　　Regular Audits: Conduct regular audits of the supplier’s production processes to ensure ongoing compliance with quality standards.

　　Feedback Loop: Establish a feedback loop with the supplier to address any quality issues promptly and effectively.

　　Ensuring the quality of non-standard fasteners is a critical aspect of any project that requires customized solutions. By working closely with a supplier like Jierui Hardware Factory, understanding the factors that influence pricing, and following a systematic approach to quality assurance, you can ensure that your non-standard fasteners meet the stringent requirements of your applications. Remember, investing in quality not only ensures the longevity and performance of the fasteners but also contributes to the overall success and safety of your projects.

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Paris, May 14 (Reporter Tang Jiyan) Armed men attacked a prison truck at a highway toll station in the province of Eure in northern France on the 14th, killing two prison guards and seriously injuring three others.

According to French media reports, at around 11 a.m. local time, a group of armed men attacked a prison truck at the toll station and stole a prisoner suspected of drug trafficking and intentional homicide being escorted on the prison truck. After the incident, a highway connected to the toll station was closed in both directions.

French President Macron said on social media that the attack shocked everyone and the government was making every effort to find the attacker. French Interior Minister Darmanin said on social media that hundreds of police and gendarmerie had been dispatched after the incident.

At present, the French National Gendarmerie Action Team has rushed to the scene of the incident. The Paris Public Prosecutor’s Office’s judicial branch responsible for combating organized crime began an investigation into the attack.

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According to a report by India’s Politico on March 15, the Bombay Stock Exchange Sensitive Index (SENSEX) and N Index fell for the first time in a single week after rising for four weeks. Both indices fell about 2% this week, the biggest weekly decline in 20 weeks.

The SENSEX index fell 062% on the day to close at 7264343 points. The N50 index of the National Stock Exchange of India (NSE) fell 0.56% to close at 2202335 points.

The Bombay Stock Exchange (BSE) mid-cap index also closed down 0.51%. However, the BSE Small Cap Index bucked the trend and closed up 0.25%.

On the weekly chart, the benchmark SENSEX index fell 22% for the week and the N index fell 21%. This is the largest weekly decline since October 2023. The BSE mid-cap and small-cap indices fell about 4% and 6% respectively this week.

From an industry perspective, the N-Metal Index and FMCG Index closed flat, while all other industry indices closed down.

The biggest declines were in the oil and gas industry and the automobile industry, with declines of 198% and 157% respectively. The N Bank index fell 0.42%.

As some funds release stress test results, they are confident that their portfolios can cope with volatile market conditions.

In global stock markets, the weakness is believed to be driven by discouraging U.S. economic data and weakening expectations of a Federal Reserve interest rate cut.

Some reports showed that the U.S. industrial producer price index (PPI) exceeded expectations in February. At the same time, the number of people applying for and receiving unemployment benefits was lower than expected. These factors weaken the Fed’s case for interest rates.

Market participants will be closely watching the Fed’s monetary policy stance next week. Most expect the Fed to keep interest rates unchanged and start cutting rates from the end of June or July. (Compiled by Zhu Jie)