Hanwei Technology said chairman Ren Hongjun reported pipeline-related sensor
orders are booked through year-end and 1H order growth for related products was
generally above 30%. China’s urban underground pipeline investment rose markedly
in the 15th Five-Year Plan versus the 14th, and ongoing smart upgrade work is
providing sustained incremental demand for sensors, instruments and
AI/information firms; policy benefits are still unfolding.