Shandong Molong (002490.SZ) plans to build a high-end special petroleum pipe intelligent processing line no more than 170 million yuan

Zhitong Finance App News, Shandong Molong (002490.SZ) announced that the company plans to invest no more than 170 million yuan of its own or self-raised capital to build a “high-end special petroleum pipe intelligent processing line project” in the Science and Technology Park factory area.

The project plans to build two intelligent processing lines, which will be used to produce oil pipes and casings respectively. It supports the construction of key process equipment such as intelligent length measurement, weighing and inkjet printing machines, CNC wire lathes, automatic pipe end sandblasting machines, automatic balers, etc., as well as QR code inkjet, identification and tracking systems, and MES intelligent systems.

This project aims to further improve the overall operational efficiency of Molong, Shandong, and unleash the company's development potential by expanding the scale of production lines, optimizing production layout, improving supporting facilities, and supplementing processing capacity.