环保检查持续进行，涂料企业展示出多样的经营状态。

Not long ago, our platform posted news about the shutdown of 1,200 paint-applying businesses in Zibo, Shandong. It is said that this news item, dated May 24th, went viral on social media, with people from all walks of life leaving comments and expressing their considerable concern. Indeed, not every operator can withstand such intensity. However, given the firm stance of the state, whether private enterprises or state-owned ones, they naturally have to comply with and follow the spirit of government documents. In the face of the environmental protection storm, industry insiders have no choice but to toe the line, whether they want to or not!

Speaking of such enterprises, I believe they actually possess a strong sense of foresight. The earlier they plan their layouts, the more they can control the progress of transformation success and technological maturity, giving themselves ample time to take the initiative and align with the prevailing trends. For instance, some production enterprises have long been focusing on paint as their main product. In response to the national "oil-to-water" policy, they have adopted a proactive attitude. From transforming production lines to innovatively exploring water-based paint technologies, they have achieved transformation and upgrading step by step within their capabilities. This approach not only allows them to maintain market share and customer base for traditional products but also responds to the new policies advocated by the state, making them "offensively capable and defensively sound"!

Water-based paint has been present in the global coating industry for quite some time and has a history of over two decades in the Chinese market. Many manufacturers dedicated to this field have experienced various periods of pain and growth. After all, the advanced technologies introduced from European and American countries have been further improved and adjusted by a generation of pioneers in China with a strong sense of green environmental protection. Through integration and innovation, they have developed new water-based paint products that cater to our market. These pioneers have made significant contributions to the vigorous promotion of water-based paint in China and have weathered the most prosperous years of traditional paint. Describing the perseverance and determination of these industry players as "reaping the rewards after enduring hardships" is truly fitting and worthy of praise!

There are some enterprises in the industry that have neither been shut down by environmental protection inspection departments nor have the financial capacity to undergo transformation. They find themselves at a loss when faced with the continuously implemented environmental protection policies such as "oil-to-water" and have no viable solutions. They can only hope to leverage their unique advantages to be integrated or acquired by stronger players or explore alternative development paths. For the many small, scattered, and disorganized small and medium-sized enterprises in China, we hope they can quickly find a way out and achieve rebirth through trials and tribulations!