2023 ABB Product Price Adjustment Notice

Dear customer, hello:



Thank you for your long-term understanding and support of ABB!



Given the changes in the social environment, which have caused instability in the supply of raw materials for bulk products, we continue to be deeply affected by the rise in commodity prices and logistics and labor costs. In order to ensure that our company continues to provide higher quality services, prioritize ABB quality, prioritize service, and provide timely materials, the company has decided to increase the prices of some products by up to 10% (the price adjustment range for special products may vary).



The new price will take effect from 0:00 on February 10, 2023.



Remarks:



For orders placed before the announcement date of January 30, 2023, we will execute the original order price and the original normal delivery date, and the RDD of the original order cannot be changed.



Orders generated between January 30, 2023 and February 10, 2023, and completed before March 10, 2023, are eligible for the original price before February 10, 2023. If the order cannot be picked up before March 10, 2023, the new price will be executed according to the price adjustment notice. Please confirm it in the system as soon as possible. For unconfirmed orders, our company will cancel them according to RDD policy.



The new table price for orders generated starting from February 10th.



Regarding the relevant matters related to this price adjustment, ABB's sales personnel in various regions will be in contact with various partners in the near future, and we look forward to your understanding and support. ABB has always pursued a long-term win-win relationship with customers, meeting market demands, and achieving stable and sustainable business development.



Hereby notified! Best regards!



ABB China Electrical Business Unit