Core Viewpoint - The company emphasizes its strategic partnerships with domestic special steel enterprises to ensure stable supply and quality of raw materials, specifically special steel pipe blanks [1] Group 1: Raw Material Supply - The main raw material for the company is special steel pipe blanks, sourced from collaborations with leading domestic special steel brands [1] - Different products require various steel types, alloy elements, and technical specifications, which are tailored by special steel enterprises according to the company's needs [1] Group 2: Strategic Partnerships - The company has established long-term and stable strategic partnerships with major domestic special steel enterprises [1] - Key products are developed through joint research and development platforms with these special steel enterprises, ensuring consistent supply and quality [1] Group 3: Price Stability Mechanism - The company implements a price-locking mechanism linked to raw material procurement and sales orders, allowing it to manage the impact of raw material price fluctuations on profitability [1] - This approach aims to stabilize profit levels and mitigate the effects of abnormal raw material price volatility on operations [1]