Group 1 - The company conducted a specific investor survey with Northeast Securities and China Post Fund on August 28, 2025, discussing various business segments [1] - In the first half of 2025, the company's international market orders reached 1.21 billion yuan, a year-on-year increase of 15%, with significant contracts signed with major oil companies [1] - The company's drilling tools revenue in the first half of 2025 was 348 million yuan, a decrease of 13.05% year-on-year, attributed to reduced demand and cost-cutting measures by major oil companies [1] Group 2 - The company is accelerating the development of LNG refueling equipment, with new orders amounting to 2.538 million yuan in the first half of 2025, supported by domestic policies promoting LNG as a clean energy source [1] - The company aims to achieve its annual operational targets through stable domestic growth and breakthrough international growth, while enhancing investor relations and information disclosure [1] - The company is introducing high-value functional new products to differentiate itself in the drilling tools market and strengthen partnerships with oilfield enterprises [1]

Group 1: Overseas Business Performance - In the first half of 2025, the company achieved new orders of 1.21 billion RMB in the international market, a year-on-year increase of 15% [1] - Collaborations with major oil companies such as Saudi Aramco and ADNOC were established, and the company successfully entered the supply chains of international firms like Total and Sonatrach [1][2] - The company’s overseas business has transitioned from single product exports to full industry chain solution outputs [2] Group 2: Drill Bit Business Performance - In the first half of 2025, the drill bit business generated revenue of 348 million RMB, a decline of 13.05% year-on-year [3] - The decrease in demand for drill bits is attributed to the rising efficiency requirements and cost-cutting measures by major oil companies [3] - The company is focusing on high-value functional new products to differentiate itself and enhance market share [3] Group 3: LNG Business Development - The company is capitalizing on the domestic policy push for LNG as a clean energy source, with rapid development of LNG refueling stations [4] - In the first half of 2025, the company secured new orders worth 25.38 million RMB for LNG refueling equipment from key projects in multiple provinces [4] Group 4: Shareholder Incentives and Market Management - The company aims to achieve its annual operational goals, with the success of the stock incentive plan dependent on the performance of comparable enterprises [5] - Focus on enhancing technological innovation and green development capabilities to improve market expansion and operational performance [6][7]