Henglizuanju: Subsidiary's operations are all normal.

Hengli Drilling Tools has released an investor relations activity record form, its subsidiary Ai Dun Alloy is mainly engaged in the research and development, production, and sales of nickel-based alloys and various wear-resistant and corrosion-resistant alloy materials. Innovatively, nickel-based alloys and various alloy materials are applied to accessories such as the barrel, liner, and threaded components of twin-screw extruders. Twin-screw extruders are widely used in industries such as new energy, rubber and plastics, food, and petrochemicals. The subsidiary's operations are normal, and it has maintained good cooperation with downstream customers. With the continuous advancement of technology and the continuous expansion of application areas, the future development prospects of extrusion machines will be even broader.