Press Release
Policy Push for Hydroelectric Construction Spurs New Wave, LESSO Leads the Way in Plastic Pipes with Promising Potential
China, 28th Mar 2025 – Recently, the National Bureau of Statistics of China released the latest economic performance data, and hydroelectric investment is showing impressive results.
According to the data, in the first three quarters of this year, China’s GDP grew by 4.8%, and infrastructure investment (excluding power, heat, gas, and water production and supply industries) increased by 4.3% compared to last year. Among them, investment in water management reached 37.9%, far surpassing investment in air transport (19.2%) and railway transport (14.5%).
Entering the fourth quarter, the “steady growth” policy rolled out a series of measures, providing strong support for maintaining the high growth in hydroelectric investment.
On October 8, the National Development and Reform Commission (NDRC) of China clarified that the central budget investment of 7 trillion yuan has been fully allocated, and efforts are now underway to accelerate project construction and fund distribution. On November 8, during the 12th session of the Standing Committee of the 14th National People’s Congress, it was announced that China would increase local government debt resources by 10 trillion yuan.
Industry experts note that debt relief has eased local fiscal pressure, creating more room for infrastructure investment. With water conservancy projects funded by the 2023 special bond issuance reaching peak construction and strong policy support for underground pipeline upgrades, demand for infrastructure materials like pipelines is set to rise. Leading companies like LESSO, with their advanced product offerings, extensive industry reach, and efficient market services, are well-positioned to seize the opportunity and take the lead in this period of rapid industry growth.
China’s Water Infrastructure Investment Hits New Highs
Currently, China is entering a golden period for hydroelectric construction.
From January to October 2024, the country invested 1.118 trillion yuan in water construction projects, with 974.8 billion yuan completed—setting a record for the highest amount in history. A total of 24,000 new water construction projects were started, marking the most ever in a similar period. Since 2022, China’s investment in water construction has surpassed 1 trillion yuan annually for three consecutive years.
The acceleration of hydroelectric construction is driven by both government policies and market forces.
On the demand side, China’s water resources and rainfall are unevenly distributed geographically and over time. Along with the resulting floods and disasters, there is long-term demand for water engineering investments.
For example, in 2023, natural disasters affected 95.44 million people, with agricultural crop losses covering 1,053,930 hectares, and direct economic losses totaling 345.45 billion yuan. In comparison, the investment in the construction of flood control projects for river basins in 2023 was 322.7 billion yuan, still below the economic losses caused by natural disasters, indicating significant space for the development of China’s hydroelectric investment.
On the policy side, the issuance of 1 trillion yuan in national bonds, “old-for-new” renewal measures, and the introduction of a package of incremental policies have provided a solid foundation for the high-quality development of the entire water industry chain.
In October 2023, the central government decided to issue 1 trillion yuan in special government bonds in the fourth quarter, with more than half allocated to the water sector.
At the same time, water equipment renewal policies have accelerated the upgrading of related construction materials. In March 2024, the State Council issued the “Action Plan for Large-Scale Equipment Renewal and Consumer Goods Replacement,” proposing upgrades to local water plants and pressure-regulated water supply facilities. In June 2024, the NDRC and other ministries issued the “Guiding Opinions on Accelerating the Development of Water-Saving Industries,” calling for large-scale updates of water-saving equipment and consumer goods and speeding up the elimination of outdated water products and equipment.
On October 8, the NDRC proposed in its incremental policy package to encourage more private capital in major infrastructure projects such as railways, energy, and water, with priority given to urban renewal projects, including underground pipeline construction. It is estimated that in the next five years, nearly 600,000 kilometers of urban gas, water supply, drainage, heating, and other pipelines will need to be renovated, with an investment demand of approximately 4 trillion yuan.
In the capital market, China’s first water infrastructure REITs were approved in September 2024, signaling the opening of new channels for private capital in hydroelectric investment.
In the long term, however, China’s water construction still faces challenges. During the 14th Five-Year Plan period, the country plans to complete 5.2 trillion yuan in water investments. From 2022 to September 2024, China has invested 3.22 trillion yuan in water construction, achieving 61.9% of the 14th Five-Year Plan goal.
The “National Water Network Construction Plan” states that by 2035, the overall structure of the national water network will be formed, with the main skeleton and major arteries gradually completed. In the future, with the deep implementation of the “14th Five-Year” plan, as well as the promotion of agricultural modernization and urbanization strategies, the scale of water construction investment is expected to expand further.
Leading Companies to Benefit First
Against the backdrop of increasing hydroelectric construction activity, which companies will benefit first and seize the new round of development opportunities?
In the industry, plastic pipes have become a key material for water supply, drainage, and irrigation systems due to their light weight, corrosion resistance, ease of construction, and long lifespan. These advantages position the industry to directly benefit from this rising cycle.
From an enterprise perspective, leading companies in the industry are gaining market attention for their strong growth logic, powerful technological innovation capabilities, comprehensive product systems, and continuously optimized operational efficiency.
Public data shows that LESSO has long held the leadership position in the plastic pipe industry. According to company reports, in 2023, LESSO, ERA Co,Ltd, and WEIXING NBM sold 2,650,000, 620,000, and 290,000 tons of plastic pipes, respectively, with revenue of 24.6 billion, 5.8 billion, and 5.4 billion yuan. LESSO has about a 20% share of the domestic market by volume, far ahead of its competitors.
LESSO has maintained its industry-leading position due to significant advantages in product, production, and cost aspects.
On the product side, Lesso is the most comprehensive manufacturer in the industry, offering over 10,000 products that are widely used in home decoration, civil construction, municipal water supply, drainage, electricity and communications, gas, fire protection, environmental protection, and agriculture.
With its robust product service system, LESSO has been highly recognized by government departments and major state-owned enterprises. In recent years, the company has actively participated in national strategic projects such as the Hong Kong-Zhuhai-Macau Bridge, Beijing Daxing International Airport, and the Shenzhen-Zhongshan Bridge, reinforcing its leadership position.
On the production front, LESSO leads the plastic pipeline industry with its strong manufacturing capacity and significant cost advantages driven by scale. In 2023, its production capacity reached 3.26 million tons, far exceeding that of other top competitors (1.1 million, 500,000+, and 300,000+ tons for key rivals). Additionally, LESSO operates over 30 advanced production bases across 19 provinces in China and multiple overseas markets. With a vast and strategically located manufacturing network, LESSO maintains a significantly shorter average transport radius than competitors, ensuring high supply chain efficiency and further strengthening its cost advantage.
LESSO leads the industry with an extensive and dominant distribution network. By 2023, its exclusive first-tier distributors nationwide had grown to 2,853. This early-mover advantage has given LESSO a significant edge over competitors in financial strength, network coverage, project resources, and service capabilities.
A research report by GF Securities highlights that competition in the plastic pipeline industry is intensifying, with relatively low market concentration. Market share is expected to continue shifting toward leading enterprises. For instance, the combined market share of the top three listed companies (Lesso, ERA Co,Ltd, and WEIXING NBM) was just 12.9% in 2012 and 14.8% in 2015, but it increased to 22.0% by 2023. Lesso’s market share, in particular, has shown a clear upward trend. In 2023, the sales volume market shares of the top three companies changed by +1.8 percentage points, +0.1 percentage points, and -0.2 percentage points, respectively.
Multiple brokerage firms have stated that as industry concentration accelerates, companies with advantages in product quality, scale, distribution networks, R&D, and technology are more likely to secure a dominant position in the new round of industry competition.
Water conservancy infrastructure plays a crucial role in flood prevention, agricultural irrigation, and urban living, making it a cornerstone of China’s economic development.
Looking ahead, as policies promoting “New Infrastructure” and “Two Priorities” deepen, infrastructure investments are expected to accelerate further. Leading companies such as Lesso, with strong financial stability and a competitive market position, are well-positioned for long-term growth. As downstream industries continue to expand, Lesso’s growth potential is set to be fully realized.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Safetyvalue Trading Center Launches Mobile App V2 With Biometric Login and Real-Time Alerts
Safetyvalue Trading Center unveils Mobile App V2, featuring biometric authentication, customizable dashboards, and push notifications to support secure, high-speed crypto trading for users around the world.
Safetyvalue Trading Center today announced the official release of Safetyvalue Mobile App V2, a major update to its iOS and Android applications that brings powerful new features, optimized performance, and improved accessibility for global cryptocurrency traders. This latest version reflects the company’s focus on delivering a streamlined, user-friendly mobile experience without compromising on security or functionality.
The V2 upgrade introduces a redesigned interface that makes it easier for users to view markets, manage portfolios, and execute trades in just a few taps. In addition to the sleek new design, Safetyvalue has integrated biometric login options, including Face ID and fingerprint authentication, for enhanced account security and convenience.
Key upgrades include:
Biometric authentication for secure, password-free access
Customizable trading dashboard with real-time charts, order book, and price alerts
Push notifications for price movements, order execution, and system updates
NFT wallet view and direct marketplace access
One-click switching between spot, margin, and DeFi modes
Support for 10+ languages, including Spanish, Arabic, Japanese, and Portuguese
“The mobile experience is critical to modern crypto users, and V2 is designed to meet their evolving needs,” said a Safetyvalue product director. “Whether users are tracking NFT auctions, managing a diverse portfolio, or executing high-frequency trades, the new app ensures everything is accessible, fast, and secure—right from their pocket.”
The new app architecture has also been optimized for low-bandwidth environments and faster load times, especially in emerging markets. Safetyvalue has implemented advanced caching and real-time syncing mechanisms that allow users to stay connected even with intermittent internet access.
In addition to core trading features, Safetyvalue App V2 includes educational modules, how-to guides, and integrated customer support via live chat and help center browsing. This makes it easier for new users to onboard and begin trading with confidence, regardless of prior experience.
The updated mobile app plays a key role in Safetyvalue’s broader mission to provide borderless, 24/7 access to digital assets. It supports all Safetyvalue account types and integrates seamlessly with the platform’s unified multi-asset system, allowing users to manage fiat, crypto, NFTs, and DeFi positions from a single wallet interface.
App V2 is now available on the Apple App Store and Google Play, with rollout support for over 100 countries. Safetyvalue has confirmed that additional features—such as wallet connect integrations, staking dashboards, and multi-account switching—are in development for upcoming releases.
Download or learn more at:
https://safetyvalue.info
https://safetyvalue-review.com
https://safetyvaluetrading.center
https://safetyvaluetrading.pro
https://safetyvalue.wiki
Media Contact
Organization: Safetyvalue
Contact Person: Alexander Griffin
Website: https://safetyvalue.com/
Email: Send Email
Country:United States
Release id:27142
Disclaimer: The information provided in this press release is for informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Safetyvalue Trading Center does not recommend that any cryptocurrency should be bought, sold, or held by you. Conduct your own due diligence and consult your financial advisor before making any investment decisions. Cryptocurrency trading involves substantial risk and may not be suitable for all investors.
View source version on King Newswire:
Safetyvalue Trading Center Launches Mobile App V2 With Biometric Login and Real-Time Alerts
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
The new ExaCrypt interface introduces an upgraded, user-centered design featuring improved navigation, mobile optimization, and advanced charting tools—empowering traders with a more efficient, responsive platform.
ExaCrypt, a leading digital asset trading platform, is excited to announce the launch of its completely redesigned user interface (UI), offering a modern, intuitive, and more user-friendly experience for traders worldwide. This significant platform update is aimed at improving navigation, enhancing the overall user experience, and ensuring a more streamlined trading process for both beginners and seasoned professionals.
A Modern, Streamlined Design for Enhanced Trading Efficiency
The new user interface brings a fresh, modern look while maintaining the platform’s robust functionality. Key features of the redesigned UI include:
Intuitive Layout: The interface has been simplified for easier access to essential trading tools and information. Users can now quickly find the features they need, from live market data to order placement, all in one place.
Customizable Dashboard: Traders can personalize their dashboard with widgets and shortcuts to prioritize their most-used tools and data, creating a tailored experience that fits their individual trading styles.
Optimized Mobile Experience: The updated platform design is mobile-responsive, providing seamless functionality and smooth navigation on any device, allowing users to trade on the go without compromising on features or performance.
Real-Time Data and Enhanced Charting Tools: The redesigned interface includes enhanced charting tools and real-time market data for more precise analysis and better decision-making.
User-Centered Design for All Traders
“We’ve listened to feedback from our community, and this UI redesign is the result of our commitment to making ExaCrypt not just a powerful platform, but also a highly intuitive one,” said Élise Laurent, Product Manager at ExaCrypt. “Our goal is to ensure that traders of all levels, from beginners to professionals, can easily access the tools they need to succeed. The new interface delivers on that promise, providing a clean, customizable workspace with everything traders need right at their fingertips.”
Improved Performance and Speed
Alongside the visual improvements, the platform has been optimized for performance, ensuring that users experience faster load times, smoother navigation, and improved responsiveness. This update enables ExaCrypt to continue delivering the seamless and secure trading experience that its users expect.
About ExaCrypt
ExaCrypt continues to innovate and lead in the digital asset trading industry by providing advanced tools, a secure environment, and a user-focused platform. With the launch of the new UI, ExaCrypt further strengthens its commitment to offering a top-tier, user-friendly platform that empowers traders around the world.
For more information, please visit:
https://www.exacrypt.review
https://www.exacrypt.pro
https://www.exacrypt-fr.com
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
Media Contact
Organization: ExaCrypt
Contact Person: Elise Laurent
Website: https://e-crypt.com/
Email: Send Email
City: Paris
Country:France
Release id:27137
View source version on King Newswire:
ExaCrypt Unveils Redesigned Platform Interface Focused on Usability and Speed
It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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ExaCrypt Unveils Redesigned Platform Interface Focused on Usability and Speed
Safetyvalue Trading Center Launches Mobile App V2 With Biometric Login and Real-Time Alerts
24Newswire.com Sets the Gold Standard in Press Release Distribution with Unmatched Reach and Results
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