Group 1: Product Development and Features - The main function of the company's screw drill tools is to provide drilling power for various energy sources, including oil, natural gas, shale gas, coalbed methane, and geothermal energy [2] - New products developed include rotary steering screw drill tools, near-bit screw drill tools, ultra-high temperature screw drill tools, and high-angle screw drill tools to meet customer needs [2] - The company produces hydraulic oscillators, which help reduce friction on well walls during horizontal drilling [2] Group 2: Market Position and Product Performance - The company has independently developed ultra-wear-resistant high-pressure acid fracturing hoses, which are currently being tested in oilfield markets [3] - These hoses offer advantages over traditional steel pipe connections, such as ultra-high pressure, corrosion resistance, and impact resistance [3] - The company is confident about future market potential, as domestic oilfields are currently testing these products without large-scale promotion yet [3] Group 3: Impact of Tariff Policies - Current tariff policies have a minimal overall impact on the company, as the revenue from direct exports to the U.S. is relatively small [3] - The company has proactively prepared for changes in the trade environment by stocking a considerable number of product components in the U.S. for assembly [3] Group 4: Market Trends and Demand - In 2025, there is a rapid increase in demand for hydraulic injection pumps, primarily used in secondary oil recovery, due to their low operating costs and high safety [3] - The company’s screw drill tools are mainly applied in the Bohai Sea, East China Sea, and South China Sea, with applications in domestic coalbed methane projects and international projects in Iraq [3] - The potential for growth in domestic offshore oil and gas production is expected to drive continuous sales or rental growth of related products [3]

Group 1: Product Development and Features - The main function of the company's screw drill tools is to provide drilling power for various energy sources, including oil, natural gas, shale gas, coalbed methane, and geothermal energy [2] - New products developed include rotary steering screw drill tools, near-bit screw drill tools, ultra-high temperature screw drill tools, and high-angle screw drill tools to meet customer needs [2] - The company produces hydraulic oscillators, which help reduce friction on well walls during horizontal drilling [2] Group 2: Market Position and Product Performance - The company has independently developed ultra-wear-resistant high-pressure acid fracturing hoses, which are currently being trialed in oilfields and have advantages over traditional steel pipe connections [3] - The domestic oilfields are still in the trial phase for these hoses, but the company is confident about future market potential based on North American market usage [3] - The company has the technology and equipment to independently produce these hoses [3] Group 3: Impact of Tariff Policies and Market Trends - Current tariff policies have a minimal overall impact on the company, as the revenue from direct exports to the U.S. is a small percentage of total sales [3] - The company is proactively preparing for changes in the trade environment and has stockpiled a considerable number of product components for assembly in the U.S. [3] - In 2025, there is a rapid increase in demand for hydraulic injection pumps, which are favored for their low operating costs and high safety [3] Group 4: Application Areas and Growth Potential - The company's screw drill tools are primarily used in the Bohai Sea, East China Sea, and South China Sea, as well as in domestic coalbed methane projects and international projects in Iraq [3] - The market for marine oil and gas exploration in China shows significant growth potential, which will drive continuous sales or rental growth of related products [3]