Recently, some investors asked Xinxing Foundry on an interactive platform. Is there any way for the company to reduce general steel and increase gross margin? Xinxing Cast Pipe replied that in recent years, the company has continued to promote product structure optimization, reduce the production volume of ordinary steel, and increase the proportion of premium special steel. At present, the overall share of the company's premium steel has increased to more than 60%. At the same time, the company continues to promote the “five modernizations” of UTESTEEL, continuously enhance the overall competitiveness of products, enhance product added value and cost control capabilities, and promote the improvement of the sector's gross margin.

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