Dalipal Holdings (HKG:1921) said two new intelligent tubing production lines at its Hebei plant have completed trial runs and will begin operations soon, according to a Wednesday Hong Kong bourse filing.
The new lines, integrated with IoT and real-time monitoring, boost efficiency by 35% and cut labor by 30%, replacing the older casing-line method, the filing said.
Dalipal said the upgrade will expand capacity for high-end, customized tubing and enhance competitiveness. The same tech will be used at its upcoming Saudi Arabia base in King Salman Energy Park (SPARK).
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