Qinglong Pipe Industry and Tianshan Gaoke signed a strategic cooperation framework agreement in the wind power field.

Qinglong Pipeline recently signed a "Strategic Cooperation Framework Agreement" with Beijing Tianshan Gaokexin Wind Power Equipment Co., Ltd., with a cooperation period of 4 years, aiming to expand their market layout in the wind power field. The main contents of the agreement include: when Tianshan Gaokexin purchases concrete wind power tower tubes in specific areas, Qinglong Pipeline's subsidiary, Tianjin Hailong Pipeline, shall be given priority; both parties will work together to renovate Hailong Company's production base, with Tianshan Gaokexin providing technical support; exploring joint bidding and other forms of cooperation to jointly assist in obtaining wind power project orders. The announcement states that the agreement is a framework intention agreement, without specific amounts involved, making it difficult to accurately predict its impact on this year's financial and operational results. Specific cooperation will be subject to formal contracts, with risks of implementation changes.