On September 1st, Egypt Xinxing Ductile Iron Pipes successfully completed loading and shipment of its first order of ductile iron pipes for the "Red Sea Project." The first batch of 20 trucks, fully loaded with DN1000 large-diameter ductile iron pipes, departed the plant in an orderly manner and headed for the project site. Since the beginning of this year, under the coordinated leadership of the Group and Ductile Iron Pipes Co., Ltd., and with the full support of its subsidiaries, Egypt Xinxing has continuously optimized its processes and organizational guarantees, achieving all economic and technical indicators at design levels.
The successful shipment of this first order for the "Red Sea Project" serves as a comprehensive test of Egypt Xinxing's production technology, quality control, logistics coordination, and after-sales service. From the moment raw materials arrive, Egypt Xinxing implements comprehensive quality control throughout the entire process, covering key steps such as centrifugal casting, annealing, coating, and packaging, and meticulously reviews appearance, dimensions, coating, and pressure-bearing performance. On the shipping side, specialized support and reinforcement strapping, port protection, and anti-wear measures are implemented. Multi-department collaboration and a dedicated team monitor the "last mile," ensuring timely release and shipment, ensuring safe and controllable long-distance transportation.
we has good news. Leveraging its strong group background, advanced production processes, and strict quality control, our Group continues to strengthen its international market development and accelerate its market presence along the Belt and Road Initiative. Its ductile iron pipes, available in a variety of sizes ranging from DN80 to DN2600, offer advantages such as excellent toughness, high strength, corrosion resistance, and thin walls. Internal corrosion protection utilizes cement lining or epoxy resin, while external corrosion protection utilizes a zinc layer with an anti-corrosion finish, significantly extending the product's service life. Currently, Jingang Casting's products have been successfully exported to numerous countries and regions, including Saudi Arabia, the United Arab Emirates, and Kazakhstan. As we enter 2025, with numerous international customers visiting and negotiating, the company is expected to achieve new highs in export sales.
Ductile iron pipes, with their pressure resistance, impact resistance, and corrosion resistance, have become a core material for global water pipeline construction. Through technological innovation and industrial upgrading, Chinese manufacturers have driven improvements in the quality of ductile iron products and expanded their applications. Their international market share continues to expand, with my country's production accounting for over 40% of global output in 2023. Driven by the Belt and Road Initiative, Chinese ductile iron pipe companies have opportunities to further expand into the international market. However, they also face challenges such as changes in international trade policies, exchange rate fluctuations, and rising raw material prices.
Faced with the complex international landscape, Chinese ductile iron pipe companies are actively responding by optimizing their supply chains, improving product quality, and expanding into emerging markets to continuously enhance their international competitiveness. Looking ahead, Chinese ductile iron pipe companies are expected to achieve even greater success in the international market and contribute significantly to global infrastructure development.
