Great Wisdom News on October 31st: Tianjin You Fa Steel Pipe Group Stock (601686.SH) stated at an investor relations event that the company has always adhered to a low inventory operation strategy. However, in order to ensure the normal production and sales order, each production base must maintain a certain amount of raw material inventory and product inventory to timely meet the market's demand for various types and specifications of steel pipe products. The company's total inventory of raw materials and products generally remains in the normal range of around 0.6-1 million tons, currently at a relatively low inventory level.