Cangzhou Mingzhu: PE Pipes Are Mainly Used In Underground Pipeline Networks Such As Gas And Water Supply, And The “Six Networks” Policy Has A Positive Impact On The Pipeline Business

On May 25, an investor askedCangzhou MingzhuI would like to ask about the Company’s order situation against the backdrop of the national “Six Networks” initiative: 1. Which specific areas of the “Six Networks” do the Company’s PE pipelines, lithium battery separators, and BOPA films correspond to, respectively? What is the current scale of orders and framework agreements on hand for each business segment, and how have they grown year-on-year? 2. Since the state-owned capital became the controlling shareholder, has this brought any new orders, new customers, or major cooperation opportunities related to “Six Networks” projects? 3. What is the situation this year regarding newly added orders and awarded projects for PE pipelines in municipal pipeline network and water conservancy projects, and for BOPA films in the logistics packaging sector? Regarding this,Cangzhou MingzhuOn May 28, in response on the investor interaction platform, it was stated that PE pipeline products are one of the company's main products, primarily used in the construction of underground networks such as gas and water supply. The introduction of this policy will have a positive impact on the company's pipeline product business. Currently, the production and sales of various products are operating normally. The company will actively explore domestic and international markets based on the sales targets set at the beginning of the year, fully strive to stabilize operations and increase efficiency, while closely monitoring industry policy trends and actively expanding market share.