Core Viewpoint - The company Changbao Co., Ltd. has transitioned its special material projects into the trial production phase, indicating progress in its production capabilities and market readiness [1] Group 1: Project Development - The high-end alloy pipeline, ultra-long precision pipe main line, and clean bright pipe main line have entered the trial production phase [1] - The hot extrusion line is currently in the installation and debugging stage [1] - Some processes of the precision pipe project have also entered trial production, while the main equipment for the welded pipe line is in the installation and debugging phase [1] Group 2: Operational Transition - The new projects have shifted from the construction phase to the production operation phase [1] - The company is focusing on production organization, system and product certification, key technology breakthroughs, new product development, and market expansion [1] Group 3: Future Outlook - By the first half of 2025, the new projects are expected to complete factory audits and certifications from several well-known domestic and international enterprises [1] - The special material project successfully completed its first high-end stainless steel pipe contract delivery in March 2025 [1]

Core Viewpoint - The company has transitioned its new projects from construction to production phases, with several production lines entering trial production and installation stages [1] Group 1: Production Progress - The high-end alloy pipe line, ultra-long precision pipe main line, and clean bright pipe main line have entered trial production [1] - The hot extrusion line is currently in the installation and debugging phase [1] - Some processes of the precision pipe project have entered trial production, and the main equipment for the welded pipe line is in the installation and debugging phase [1] Group 2: Project Development - The company is focusing on production organization, system and product certification, key technology breakthroughs, new product development, and market expansion [1] - By the first half of 2025, the new projects are expected to complete factory audits and certifications from several well-known domestic and international companies [1] - The special materials project successfully completed its first high-end stainless steel pipe contract delivery in March 2025 [1]

Group 1 - The company has reported that its special materials project, including high-end alloy pipes, ultra-long precision pipes, and clean bright pipes, has entered the trial production phase [2] - The hot extrusion line is currently in the installation and debugging stage, while some processes of the precision pipe project have also entered trial production [2] - The company has transitioned from the project construction phase to the production operation phase, focusing on production organization, system and product certification, key technology breakthroughs, new product development, and market expansion [2] Group 2 - By the first half of 2025, the company plans to complete factory audits and certifications for several well-known domestic and international enterprises, with the special materials project successfully delivering its first high-end stainless steel pipe contract in March 2025 [2]

Core Viewpoint - The company has transitioned its new projects from construction to production phases, with several key processes already in trial production and equipment installation underway [2]. Group 1: Project Status - The special materials project, including high-end alloy pipes, ultra-long precision pipes, and clean bright pipes, has entered the trial production stage [2]. - The precision pipe project has also commenced trial production for some processes, with the main equipment for the welded pipe line currently being installed and debugged [2]. Group 2: Future Plans and Milestones - The company is focusing on production organization, system and product certification, key technology breakthroughs, new product development, and market expansion as part of its new project operations [2]. - By the first half of 2025, the company aims to complete factory audits and certifications for several well-known domestic and international enterprises, with the special materials project successfully delivering its first high-end stainless steel pipe contract in March 2025 [2].