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Policy Push for Hydroelectric Construction Spurs New Wave, LESSO Leads the Way in Plastic Pipes with Promising Potential

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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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Press Release

CrushOn.AI: Enhancing NSFW AI Roleplay Chatbot in 2025

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CrushOn.AI is thrilled to announce the official launch of its innovative NSFW AI roleplay chatbot, a platform designed to deliver unparalleled creative freedom and immersive storytelling experiences. With cutting-edge AI technology and fully customizable features, CrushOn.AI offers users the tools to explore personalized roleplay scenarios like never before.

CrushOn.AI has been the game-changer since 2025, revolutionizing NSFW AI Roleplay Chatbots. By combining cutting-edge AI technology with complete liberty to be as creative as possible, it allows users to craft personal and customized roleplay situations. Whether an amusing conversation, a deep emotional connection, or a new story.

Personalized Perfection for NSFW AI Roleplay

It makes CrushOn.AI stand out is the freedom it provides users. They  can create their  own AI characters with personalities, backstories, and preferences.

To add, CrushOn.AI allows usersto add HTML to character introductions, and so theycan make profiles beautiful and imaginative. This means users  can bring characters to life, add more details and expressions, and make them more visually appealing for an even richer roleplay experience.

Powered by Advanced AI Models

CrushOn.AI uses the world’s leading AI models. While other sites can feel limiting, CrushOn.AI works with advanced models like Claude 3.7 Sonnet, Claude 3.5 Haiku, and Grok-3.

– Claude 3.7 Sonnet is perfect for creating poetic, emotional, and highly descriptive conversations.

– Claude 3.5 Haiku is perfect for brief, creative, and impactful responses.

– Grok-3 is very versatile, handling all sorts of themes and tones with ease.

– These models give the NSFW AI Roleplay Chatbot experience in a more natural, immersive, and realistic way than ever before.

Secure and Safe Chatting

Privacy is important, and CrushOn.AI takes it seriously. The site uses top-level encryption to safeguard all chats and data.

The Future of NSFW AI Roleplay Chatbots

CrushOn.AI and imagination collide. The team is also creating some exciting new features, including adding voice and visuals to the roleplay experience to make it even better.

In 2025, CrushOn.AI is leading the way for the future of NSFW AI Roleplay Chatbots, offering endless possibilities for creating and enjoying personalized roleplay scenarios.

Website: https://crushon.ai/

CompanyName: CRUSHON AI CORP.

Adress:3120 139th Ave SE, Bellevue, WA 98005

Email:business@crushon.ai

Contacts:Tara

Telephone: +1 (253) 363-9761

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.

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BingX Brings Perpetual Trading to TradingView for Smarter, Sharper Strategies

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PANAMA CITY, March 31, 2025BingX, a global leading cryptocurrency exchange, is excited to announce the launch of perpetual trading on TradingView, equipping users with an advanced trading interface that combines BingX’s professional trading infrastructure with TradingView’s industry-leading charting and analysis tools. This feature shall be available starting March 28, 2025.

TradingView is a globally recognized financial charting platform trusted by millions for its advanced technical analysis tools and intuitive interface. BingX has been named Best Crypto Exchange by TradingView for three consecutive years, reflecting its reliability and commitment to top-tier trading services. This integration further strengthens their partnership, offering traders a seamless and professional futures trading experience.

By integrating BingX’s perpetual trading with TradingView, users gain direct access to professional-grade charting tools and in-depth market analysis. TradingView’s advanced indicators, customizable charts, and real-time data empower traders to make informed decisions with greater accuracy. This integration allows users to react swiftly to market movements and refine their strategies with confidence. Additionally, multi-tiered VIP discounts and a wide range of perpetual pairs cater to traders of all levels, from retail users to professional investors.

Vivien Lin, Chief Product Officer of BingX, stated: “This integration is not just about convenience — it is about giving traders institutional-grade tools to act on their insights instantly. Whether you are scalping Bitcoin volatility or hedging altcoin portfolios, this synergy between analysis and execution unlocks new strategic potential. BingX future updates will continue to expand cross-platform integrations, AI-driven risk management features, and educational resources to further democratize access to professional trading strategies.”

This launch is part of BingX’s ongoing efforts to enhance its futures trading ecosystem. Following its recognition as a Top 5 crypto derivatives platform, BingX continues to drive innovation with strategic upgrades and integrations. It marks the latest in a series of upgrades to BingX Futures, including zero-slippage execution, dual-price liquidation safeguards, and copy trading integrations.

About BingX

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For media inquiries, please contact: media@bingx.com

For more information please visit: https://bingx.com/

Media contact:
Vesper Qin
vesper.qin@bingx.com
2216 Laurie Ave Unit A Panama City FL 32408-4488 USA

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Press Release

Tribe O Crypto: The Ultimate 3-Day Music & Crypto Festival in Abu Dhabi

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Where Blockchain Meets Beats – A Luxurious Crypto Celebration Like Never Before!

📍 Abu Dhabi, UAE | October 16-18, 2025

Abu Dhabi is set to make history as it hosts the world’s first blockchain-powered electronic dance music (EDM) festival—Tribe O Crypto. This groundbreaking 3-day mega event will bring together the world’s top DJs, crypto whales, millionaires, blockchain pioneers, traders, developers, and industry giants, all in one exclusive venue.

With just 10,000 attendees per day, Tribe O Crypto redefines luxury and exclusivity. Guests will arrive via private helicopters, enjoy high-end experiences, and even stand a chance to win a Cybertruck or a Space Tour Ticket in the festival’s exciting lucky draw.


What to Expect at Tribe O Crypto?

🔥 Non-Stop Music & Global Artists – A world-class lineup of top DJs delivering electrifying beats across three nights of high-energy performances.

🚁 VIP Helicopter Access – Skip the crowds and arrive in style with helicopter entry and exit, ensuring an unforgettable experience.

🚀 Space Tour & Cybertruck GiveawaysA lucky few will win a once-in-a-lifetime space tour or drive away in a brand-new Tesla Cybertruck.

💰 Bitcoin Prizes & Gaming Arena – Compete in exclusive gaming tournaments and win Bitcoin rewards, blending entertainment with blockchain innovation.

🍽 Michelin-Star Dining & Blockchain-Based Cocktails – Indulge in gourmet cuisine prepared by top chefs and signature drinks crafted by world-renowned mixologists—all powered by blockchain technology.

🐋 Meet Crypto Whales & Industry Leaders – Network with top crypto influencers, exchange founders, venture capitalists, traders, and Web3 innovators, all under one roof.

🛍 Exclusive Merchandise – Take home limited-edition Tribe O Crypto collectibles, available only at the festival.

🛠 Hackathons, Panels & Networking – Engage in cutting-edge blockchain discussions, hackathons, and investment opportunities with the brightest minds in the crypto space.

A New Era for Crypto & Real-World Assets (RWA)

Speaking about the festival, Dr. Pannkaj Gupttaa, Founder of Tribe O Crypto, stated:

“Tribe O Crypto is more than a festival—it’s a technological revolution. By blending music, blockchain, and luxury, we are setting a new benchmark in the Real-World Asset (RWA) space. This event will not only elevate live entertainment but also expand the global crypto community like never before.”


Exclusive Ticket Access – Only via Kryptogram NFT

🎟 The only way to secure your entry into this ultra-exclusive event is through Kryptogram NFT, the official blockchain ticketing system ensuring fraud-proof access and VIP benefits.

💎 NFT holders unlock:
 ✔ Priority festival access
 ✔ Exclusive VIP perks
 ✔ Luxury giveaways & rewards

Get your Kryptogram NFT today and be part of the most extravagant crypto gathering in history.

Event Details

📍 Venue: Abu Dhabi, UAE
 📅 Dates: October 16-18, 2025

Secure Your Spot Now!

🚀 Buy your Kryptogram NFT today at Kryptogram.io and experience the future of entertainment!

🔔 Stay tuned for major artist lineup announcements, VIP experiences, and special guest reveals.

For press inquiries, sponsorship opportunities, or media credentials,

Please contact:
TG – https://t.me/tribeocrypto | ✉ corporate@tribeocrypto.com

📍 Tribe O Crypto – Where Music Meets Blockchain

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