Ge Long Hui·2025-12-15 10:16Core Viewpoint - Shandong Molong (00568.HK) plans to invest up to RMB 170 million in a high-end oil special pipe intelligent processing line project to enhance its production capacity and market competitiveness by December 15, 2025 [1] Investment Project - The project aims to expand production line scale, optimize production layout, improve supporting facilities, and enhance processing capacity, thereby increasing the company's overall operational efficiency and unlocking development potential [1] - Upon completion, the project is expected to improve the supply capacity of high-end products, reduce production costs, and strengthen the company's core competitiveness and overall strength, aligning with the company's development strategy [1] Funding and Financial Impact - The investment will be sourced from the company's own or self-raised funds, with capital being injected in phases according to project planning and implementation progress [1] - The project is not expected to have a significant short-term impact on the company's financial status or operating results, nor will it affect the normal conduct of the company's existing main business [1]