Shandong Molong Invests RMB170 Million in High-End Petroleum Pipe Processing Line

Reuters12-15

<a href="https://laohu8.com/S/00568">Shandong Molong</a> Invests RMB170 Million in High-End Petroleum Pipe Processing Line

Shandong Molong Petroleum Machinery Co. Ltd. has announced plans to invest up to RMB170 million in the development of a "High-end Petroleum Pipes Intelligent Processing Line Project" at its Science and Technology Park in Shouguang City, Shandong Province. The project aims to enhance the company's production capabilities with advanced technology and will be funded through internal or self-raised funds. The company cautions that the investment amount is an estimate and the project timeline may be affected by various factors such as construction progress and market conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shandong Molong Petroleum Machinery Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251215-11955704), on December 15, 2025, and is solely responsible for the information contained therein.

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