Regarding the Yulong Island Refining and Chemical Integration Project (Phase One), the Company had previously secured a tender for the supply of stainless steel flanges. Building on this success, the Company has now entered into a sales blanket agreement for the supply of pipeline fittings. This further demonstrates the confidence that leading industry participants place in the Company's products and reflects customer’s trust in the Company's capabilities to support major industrial developments. The agreement highlights the Company's proven track record, technical expertise, and commitment to delivering high-quality products and solutions for large-scale projects. It also reaffirms the Company's ability to meet stringent customer requirements through reliable performance, superior product quality, and operational excellence. The Company is pleased to continue supporting the Yulong Island Refining and Chemical Integration Project and contributing to the successful execution of this landmark refining and petrochemical development.
The Company believes that this significant contract award will not only contribute to financial performance but also further strengthen its position as a trusted supplier to the petrochemical and refining industries. The award enhances the Company's reputation and supports its strategy of sustainable growth, while creating long-term value for shareholders and other stakeholders. Going forward, the Company remains committed to securing high-quality projects and delivering innovative, reliable solutions that meet the evolving needs of its customers.