常宝股份：2025年上半年，公司新项目完成国内外多家知名企业的工厂审核和认证

Core Viewpoint - The company Changbao Co., Ltd. has transitioned its special material projects into the trial production phase, indicating progress in its production capabilities and market readiness [1] Group 1: Project Development - The high-end alloy pipeline, ultra-long precision pipe main line, and clean bright pipe main line have entered the trial production phase [1] - The hot extrusion line is currently in the installation and debugging stage [1] - Some processes of the precision pipe project have also entered trial production, while the main equipment for the welded pipe line is in the installation and debugging phase [1] Group 2: Operational Transition - The new projects have shifted from the construction phase to the production operation phase [1] - The company is focusing on production organization, system and product certification, key technology breakthroughs, new product development, and market expansion [1] Group 3: Future Outlook - By the first half of 2025, the new projects are expected to complete factory audits and certifications from several well-known domestic and international enterprises [1] - The special material project successfully completed its first high-end stainless steel pipe contract delivery in March 2025 [1]