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Develop new products to earn profits

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On December 4, a technician was conducting pre-production debugging on the fully automatic water supply production line in the workshop of Hubei Changtong Pipe Industry Co., Ltd. (hereinafter referred to as the “Company”) located in Hanchuan Economic Development Zone. The Company is a modern company specialized in production and sales of large diameter environmentally friendly sewage, water supply and threading pipes. In order to meet the market demand, the Company has invested more than RMB 20 million to carry out technical transformation and capacity expansion this year, added 10 production lines, and developed new products such as hot ribbed pipe and drag-draw pipe. By far, the Company has realized the output value of RMB 150 million, with a year-on-year increase of 30%, and it is expected to realize the annual output value of RMB 200 million. 

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