Core Viewpoint - Changbao Co., Ltd. has officially completed the construction and commenced production operations of the Changbao Special Materials project as of November 21, 2025, and is currently optimizing processes and expanding market reach [2] Group 1: Project Development - The Changbao Special Materials project is in the phase of process debugging, customer certification, sample testing, and market expansion [2] - The company aims to leverage its accumulated market resources, customer base, and strong brand reputation to accelerate the market development of its existing extended products [2] Group 2: Product Focus - Key products for market development include stainless steel boiler tubes, HRSG products, high-end heat exchanger tubes, and nickel-based alloy oil pipes [2] - The company plans to systematically advance the research and promotion of domestic substitute products in fields such as marine umbilical cable pipes and EP pipes [2] Group 3: Strategic Goals - The company intends to concentrate its resources and core team efforts to achieve its established construction goals as soon as possible [2]

Core Viewpoint - Changbao Co., Ltd. has announced that its Changbao Special Materials project was officially completed and commenced production on November 21, 2025, and is currently undergoing process debugging, customer certification, sample testing, and market expansion efforts [1] Group 1 - The company is focusing on the market development of products such as stainless steel boiler tubes, HRSG products, high-end heat exchanger tubes, and nickel-based alloy oil pipes [1] - There are plans to promote the research and development of domestic substitute products in fields such as marine umbilical cable pipes and EP pipes [1] - The company aims to achieve the established goals of the project as soon as possible [1]

Core Viewpoint - The special materials project is a core initiative for the company's high-end transformation, representing the highest investment intensity, technical requirements, and critical industry chain extension since its establishment [1] Group 1: Project Overview - The special materials project is a benchmark for domestic substitution, crucial for overcoming high-end pipe manufacturing technology challenges and expanding high value-added application scenarios [1] - The company will hold a completion ceremony and product launch event to showcase the project's achievements and core technological advantages to global customers [1] Group 2: Project Implementation - The project will gradually enter production and operation, focusing on high-tech products with complex manufacturing processes [1] - A top-tier professional technical and management team has been established through external recruitment and internal selection to support the project's production operations [1] Group 3: Market Development - Post-production, the project will undergo market expansion, process debugging, customer certification, and sample testing, indicating a gradual release of production capacity [1] - The company plans to accelerate market development for existing extended products such as stainless steel boiler pipes, high-end heat exchanger pipes, and nickel-based alloy oil pipes, while also developing domestic substitution products like marine umbilical cables and EP pipes [1] - The company aims to concentrate resources and team efforts to achieve the established construction goals of the special materials project as soon as possible [1]

Core Viewpoint - Changbao Co., Ltd. is making significant progress in its precision pipe and special materials projects, with expectations for completion by the end of the year [2] Group 1: Project Progress - The precision pipe project has successfully advanced market expansion and customer certification, achieving multiple new product bulk orders [2] - The special materials project has passed factory audits from several well-known domestic and international clients, resulting in multiple batches of stainless steel contract deliveries [2] Group 2: Market Development - The company is leveraging existing customer and technical resource advantages to accelerate market development for stainless steel boiler pipes and nickel-based alloy oil pipes in collaboration with leading enterprises [2] - Active technical research and market expansion efforts are being conducted for products such as marine umbilical cables, EP pipes, and hydrogen storage pipes in partnership with domestic and international brand companies [2]