Core Viewpoint - Changbao Co., Ltd. emphasizes its focus on oil pipe products, particularly small-diameter oil pipes, which are considered its core competitive products with strong brand recognition among domestic and international clients [2] Company Strategy - The company has actively adjusted its product strategy in response to market changes, focusing more on the development of products with special requirements [2] - There is an increased emphasis on non-API products, special couplings, and technology development for deep-sea and deep-earth oil and gas products [2] - The company aims to enhance product series and branding, continuously promoting the value transformation of its products [2]