BHY Welding: Phase one of the Vietnam base is now in operation. It is expected that the second phase will be completed next year, with plans to advance the layout of 12 HRSG production lines.

In the investor relations activities, Boyun Welding expressed that there are a total of four HRSG production lines in the first phase of the Vietnam base, with the first phase already in operation and the second phase progressing in an orderly manner. It is expected to be put into operation in 2026, and the company plans to layout a total of 12 HRSG production lines at the Vietnam base. This new investment will mainly be used for purchasing land use rights, constructing new factories and supporting infrastructure, as well as expanding the production lines for HRSG and other products. The company will fulfill its disclosure obligations in a timely manner according to the progress of the project.