Core Viewpoint - Guangzhou Duople Technology Co., Ltd. has established a new subsidiary, Beijing Duople Innovation Technology Co., Ltd., with a registered capital of 30 million RMB, aiming to deepen industry layout and expand the North China market for long-term development [1][2]. Company Overview - Beijing Duople Innovation was founded on August 8, 2025, with a registered capital of 30 million RMB, located in the Yanqi Economic Development Zone, Huairou District, Beijing. The legal representative is Qian Chunming, and its business scope includes technical services, technology development, manufacturing and sales of instruments and meters, electronic components, software development, and import-export of goods [3][4]. - The shareholding structure includes Guangzhou Duople contributing 9 million RMB for a 30% stake, while individual investors contribute 5.25 million RMB each for a 17.5% stake [5]. Strategic Impact - The establishment of the subsidiary is part of the company's strategic development needs, aimed at enhancing market coverage and sales efficiency through specialized products and services, thereby promoting sustainable long-term growth [4][6]. - The investment is not expected to significantly impact the company's financial status or operational results for the current year, and it does not harm the interests of the company or its shareholders [4]. Business Focus - Guangzhou Duople is a high-tech enterprise specializing in the research, development, and manufacturing of ultrasonic equipment, systems, and transducers. The company aims to build a world-class non-destructive testing brand and was successfully listed on the Shenzhen Stock Exchange's Growth Enterprise Market on August 28, 2023, with stock code 301528 [7]. - The main products include industrial ultrasonic phased array testing equipment, automated testing devices, ultrasonic transducers, customized testing analysis software, and other supporting components, covering a full chain of business solutions and training services across various sectors [7].

Core Viewpoint - Guangzhou Duople Electronic Technology Co., Ltd. has established a special account for raised funds to support the "Non-destructive Testing Intelligent Production Base Construction Project" and has signed a tripartite supervision agreement for fund management [1][6]. Fundraising Overview - The company has received approval from the China Securities Regulatory Commission for its initial public offering (IPO), issuing 15.5 million shares at a price of RMB 71.80 per share, raising a total of RMB 1,112.90 million. After deducting issuance costs of approximately RMB 104.98 million, the net amount raised is RMB 1,007.92 million [1][2]. - The funds have been verified by a third party, and a verification report has been issued [1]. Previous Fundraising Account Setup - To ensure proper management and usage of raised funds, the company has established special accounts with several banks and signed tripartite supervision agreements [2][3]. - The total amount stored in previous fundraising accounts is RMB 823.11 million, allocated for various projects including the headquarters building and the non-destructive testing production base [4][5]. New Fundraising Account and Agreement - A new special account has been set up with CITIC Bank for the non-destructive testing project, with a tripartite supervision agreement signed between the company, CITIC Bank, and the sponsor, Great Wall Securities [6][7]. - The agreement stipulates that the special account is exclusively for the designated project, with strict controls on fund withdrawals and usage [7][8]. Agreement Details - The agreement includes provisions for fund management, requiring the company to provide documentation for fund usage and allowing the supervising party to conduct audits and inquiries [9][11]. - The agreement will remain in effect until all funds are utilized and the account is closed, with provisions for dispute resolution [12].

Core Viewpoint - The ultrasonic non-destructive testing (NDT) industry in China has developed rapidly, covering various industrial sectors, with a projected market size of 5.772 billion yuan in 2024, reflecting a year-on-year growth of 6.81% [1][17]. Overview - Non-destructive testing refers to methods that assess the properties and integrity of materials without causing damage, utilizing physical or chemical techniques to detect internal and surface defects [1]. - The main non-destructive testing methods include ultrasonic testing (UT), radiographic testing (RT), magnetic particle testing (MT), penetrant testing (PT), and eddy current testing (ET) [3]. Market Policy - Recent policies in China emphasize product quality and safety, mandating non-destructive testing across various industries to ensure compliance with standards [8][10]. - A series of regulations and action plans have been introduced to promote high-quality development in manufacturing and enhance the capabilities of inspection and testing services [8][10]. Industry Chain - The ultrasonic NDT industry comprises equipment manufacturers and service providers, with upstream suppliers including raw materials and components, and downstream markets spanning various sectors such as special equipment, rail transportation, and aerospace [11][13]. Market Demand - The special equipment sector represents the largest demand for non-destructive testing, accounting for approximately 30% of the market, followed by rail transportation at around 25% [13]. - The growth in infrastructure and manufacturing automation in the Asia-Pacific region, particularly in China, India, Japan, and South Korea, is driving market expansion [15]. Competitive Landscape - The ultrasonic NDT equipment market has high entry barriers, resulting in fewer participants and relatively mild competition, with key players including Shantou Ultrasonic Instrument Research Institute and Guangzhou Duopule Electronic Technology [19][22]. - The service market is more fragmented, with numerous small players, while larger institutions like China National Inspection Testing Group and Huace Testing hold significant market recognition [19][23]. Development Trends - The industry is expected to see increased demand from advanced manufacturing sectors such as electric vehicles and electronics, with ultrasonic testing technology expanding into non-metal and composite materials [26]. - There is a trend towards domestic substitution of high-end ultrasonic NDT equipment, driven by advancements in local research and development and government policies promoting self-sufficiency [26].

Core Viewpoint - The "Second Forum on Non-Destructive Testing Technology Innovation and Development" successfully held on May 13, 2025, in Shanghai, focusing on cutting-edge fields such as X-ray energy spectrum imaging, terahertz technology, and ultrasonic sensors, attracting nearly a hundred industry experts and representatives to discuss innovative applications and future trends in non-destructive testing technology [2][21]. Group 1: Forum Overview - The forum is an important sub-forum of the 18th Annual Conference of China Scientific Instruments (ACCSI2025) [2]. - It was co-hosted by the Instrument Information Network and the Suzhou Non-Destructive Testing Association [2]. Group 2: Key Presentations - Wei Cunfeng from the Chinese Academy of Sciences presented on "Photon Counting Spectral CT Principles and Applications," highlighting the limitations of traditional CT in complex scenarios and the advantages of spectral CT in enhancing material resolution and image quality [9]. - Wang Jianqiang discussed the development and application of a tabletop X-ray absorption spectrometer, emphasizing its breakthroughs in in-situ testing and its potential as a core tool for "dual carbon" material research [11]. - He Mingxia introduced advancements in terahertz imaging technology, noting its non-destructive detection capabilities and challenges in industrial application [13]. - Zhang Jun focused on the design and application of ultrasonic thin-film sensors, showcasing their successful use in high-end components like aerospace engines [15]. - Xu Xuechun presented on digital technology in non-destructive testing, discussing the integration of simulation tools to optimize detection processes [17]. - Zhu Qi addressed the importance of compressed air energy storage technology in stabilizing the power grid and the development of new detection technologies for equipment monitoring [19]. - Zhang Shuo highlighted the development of online monitoring systems for boiler tube damage in power plants, emphasizing their role in ensuring safe and stable operations [25]. Group 3: Future Outlook - The forum emphasized the need for collaborative innovation among industry, academia, and research institutions to overcome technological bottlenecks and build a competitive non-destructive testing technology system in China [21].

Group 1: International Market Expansion - The company has established a wholly-owned subsidiary in Germany to enhance its presence in the European market, with registration completed in March 2025 [2][3] - Current overseas clients include SGS, indicating ongoing international market development [2] Group 2: Financial Performance and Goals - The company's revenue for Q1 2025 reached ¥38,486,755.18, a year-on-year increase of 125.44%, while net profit grew by 266.31% [8] - In 2024, the company experienced a net profit decline of 33.68%, attributed to a slowdown in domestic economic growth and a significant drop in revenue from Russia by 73.58% [5][6] Group 3: Research and Development Investment - R&D investment in 2024 amounted to ¥38,400,000, representing 23.70% of total revenue, with a year-on-year increase of 13.94% [4][7] - The company is involved in national projects focusing on advanced ultrasonic detection systems, aiming to enhance product competitiveness [6][7] Group 4: Product Development and Market Strategy - The company has launched new products, including the Novascan V2 and Eagle 4501P, enhancing detection capabilities in various sectors [8][9] - Targeted market expansion includes sectors like rail transportation, new energy vehicles, and semiconductors, with specific products developed for these industries [6][9] Group 5: Competitive Landscape and Challenges - The ultrasonic non-destructive testing industry is facing intense competition, with the company emphasizing its technological innovation and product quality as competitive advantages [4][6] - The company acknowledges the impact of external factors such as international trade dynamics and market sentiment on stock performance [10]

Core Viewpoint - The article highlights the dedication and achievements of Wang Hailang, a non-destructive testing technician, who has significantly contributed to the quality assurance of major engineering projects in China, earning recognition as a "Youth Pioneer" for 2025. Group 1: Professional Background and Achievements - Wang Hailang has been involved in non-destructive testing for over 10 years, inspecting more than 250,000 meters of weld seams, ensuring a 100% defect detection rate in the projects he participated in [1] - He began his career as an intern while still in school, gaining hands-on experience in steel structure projects, which laid the foundation for his expertise in the field [2] - After graduating in 2013, he took on independent ultrasonic testing tasks, learning to identify different types of weld defects through practical experience [2] Group 2: Work Environment and Challenges - Wang Hailang works in extreme conditions, such as high temperatures near 60 degrees Celsius in LNG storage tanks and freezing temperatures of -30 degrees Celsius in Northeast China, demonstrating his commitment to thorough inspections [3] - He insists on conducting three rounds of verification for each weld seam to ensure no defects are overlooked, showcasing his meticulous approach to quality assurance [3] Group 3: Innovation and Technology Development - In response to the evolving demands of safety standards, Wang Hailang has pursued further education and obtained multiple certifications in advanced testing techniques [3] - He led the establishment of a "Youth Innovation Studio" to tackle cutting-edge challenges in the industry, specifically focusing on phased array ultrasonic testing technology, which enhances defect detection capabilities [4] - His team became one of the first in China to master this technology, significantly improving testing efficiency and accuracy, and contributing to the advancement of industry standards [4] Group 4: Mentorship and Team Development - Wang Hailang actively mentors younger technicians, sharing his knowledge and experiences to cultivate a skilled workforce in non-destructive testing [4] - Under his leadership, the innovation studio has produced several "national technical experts," strengthening the company's capabilities in critical engineering projects [4] - He emphasizes the importance of craftsmanship and dedication in every role, advocating for a culture of excellence within the industry [4]