YouFa(SH:601686) Zheng Quan Ri Bao·2026-02-03 14:17Core Viewpoint - The company emphasizes that the construction and renovation of underground pipelines, projected to exceed 700,000 kilometers during the 14th Five-Year Plan, represents a significant opportunity for the welding steel pipe industry, driven by increased demand from downstream sectors [2] Group 1: Industry Insights - The underground pipeline construction and renovation is a crucial initiative for advancing new urbanization and urban renewal in China, contributing to high-quality economic development and improving people's livelihoods [2] - The projected investment demand for this initiative is over 5 trillion yuan, indicating substantial growth potential for related industries [2] Group 2: Company Preparedness - The company offers a wide range of products, including welded round pipes, galvanized round pipes, steel-plastic composite pipes, spiral steel pipes, insulated steel pipes, anti-corrosion steel pipes, polyethylene pipes, and various fittings, all of which are applicable in underground pipeline systems [2] - The company plans to closely monitor policy implementation and project progress, ensuring readiness in production, innovation, product quality, marketing, brand qualifications, and supporting services to enhance operational performance [2]