Dalipal Holdings Ltd. released its 2025 Interim Report, announcing results for the first half of the year. The Group, which is engaged in the research and development, production, technical services, and sales of high-end energy pipes and special seamless steel pipes, highlighted its ongoing focus on technology and product development, intelligent manufacturing, ESG initiatives, and talent development. During the reporting period, Dalipal reported on its key business activities, which include supplying pipes used in energy development, extraction, transportation, and equipment manufacturing for sectors such as oil, natural gas, shale gas, and new energy. The company's major customers include China's three major state-owned oil companies (CNPC, Sinopec, and CNOOC), large-scale machinery processing and manufacturing enterprises, geological exploration and coal mining companies, and internationally recognized oil and petrochemical companies. The company noted industry-wide trends towards green and low-carbon development. Dalipal intensified R&D efforts on pipes with high strength, toughness, long service life, and precision, aiming to reduce energy and material consumption. The company also reported progressive refinement of low-carbon management systems and an acceleration in the development of low-carbon pipes for new energy applications. No specific figures for sales/revenues or net income/profit/loss were included in the provided context. The report outlined continued efforts to build core competitiveness in technology, products, and ESG, as well as updates on business operations focused on green transformation and expanding application of its products in new energy scenarios.