A Letter to Our Distinguished Visitors Worldwide

2026 Infrastructure Construction: Surging Demand for Shield Tunneling Equipment, Wear-Resistant Materials Embrace Growth Momentum

The domestic infrastructure sector kicked off 2026 with robust prosperity. Fueled by the dual support of policies and funding, major underground projects have been intensively launched, driving a surge in demand for shield tunneling equipment. This has in turn unleashed definite growth potential for upstream consumable sectors such as wear-resistant materials and seals. With the expansion of application scenarios and breakthroughs in overseas exports, the industrial chain synergy effect has become increasingly prominent, ushering the industry into an era of value revaluation and high-quality development opportunities.

Company Leaders Attend the Third 2025 Executive Vice Chairman Meeting of the International Association for Large-Diameter Engineering Shafts, Piles and Deep Foundations

On January 10, 2026, the Third 2025 Executive Vice Chairman Meeting of the International Association for Large-Diameter Engineering Shafts, Piles and Deep Foundations was successfully held in Ningbo. Mr. Chao Huanqing, Chairman of our company, Mr. Yang Jingrui, Chairman of our controlled subsidiary (Luoyang Jiujiu Wear-Resistant Material Manufacturing Co., Ltd.), and Mr. Jin Wenge, Vice General Manager of our company, attended the meeting as relevant members of the Association .