So we have a truly national scale Chinese boiler manufacturer developing a product, incorporating the ClearSign burner to achieve the new low NOx requirements that are being rolled out by the Chinese government. In recent years, we’ve seen a shift in China and the regulations are being rolled out now in the heavily industrialized regions of China. Whereas previously, the focus was on the northern regions, especially around Beijing, where the air was notoriously bad and focused on the district heating, that is still in place, but this new development is in the industrial cities. In the call, I mentioned Shenzhen and Suzhou, Nantong and Tianjin these are all very large industrial regions within China. These industrial regions are heavily populated with 5G boilers, and they are not a seasonal heating.
This is industrial heating that’s used year-round. The local governments are driving the NOx levels down in these regions and being able to partner with a Chinese company like Shuangliang that is very prominent within the Chinese market and then along with them, the outreach to the local governments in those areas and to the industrial parks. And to me, it’s a really exciting opportunity. I don’t have any details to report, but that is the path that we’re following and the sales pursuits that we are undertaking as we complete the certification of this large of 500 horsepower boiler burner.
Operator: Our next question will come from Brad Van Ducker [ph], a Private Investor.
Unidentified Analyst: My question is, as a long-term investor is the market cap of the company and the fact that the stock prices remain really low, and we can’t seem to turn the corner on it or maintain anything with it. What are your thoughts on getting the stock price up, the shares up and the interest up where investment is up?
James Deller: Brad, I really can’t comment at the share price and what people pay. That’s not really in our control. But we’re obviously in control of the progress of the company and the news that flows out. I can reinforce my side and hopefully for everyone, but the absolute importance of getting the reference projects out into the market and having the equipment in the field for our customers to see and to give them confidence in placing those orders. And I know I’ve said that before, but let me give you a bit of color. Just this past week, we started up the 300-horsepower 5G boiler project in California. In that same week, we have already had one customer contact our sales team with California Boiler and go and visit that boiler to look at it as a reference in preparation for them making plans for their NOx control equipment in California.
It’s absolutely critical to get this equipment out. We have two boilers starting up in California this year or for the big one may be rolling slightly into next year. We’ve got one down in Texas that we have process burner quotes or requests for quote been waiting to come to us on that startup. And in addition, the heater manufacturer who manufactured that heater has already come back to us and asked for quotes for 2 more burners for projects that they are chasing. So when you ask — I know everyone is looking forwards and looking at the development, I just cannot stress from my perspective, how important getting these units out into the field are — and then it’s absolutely our job to leverage that right to do exercise like we have for the segmentation to get right, people like Tina and Matthew on board and to really focus on the growth of ClearSign so we can leverage that installed base and finally show the world what ClearSign products can do.
Unidentified Analyst: Yes. I can remember when the boilers first came out that there was, I think you quoted in the 50s, the number of inquiries into it. But we didn’t have any out and installed. So you think now that we’re getting installation that we’ll start seeing things come across the finish line with orders.
James Deller: I truly believe so, Brad. And based on what we’ve seen just this past few months, both with the segmentation project that I talked about and the targeting and the interest in that and then just the — right just seeing people want to see to see the equipment installed. Just an example is the reference that I quoted this past week of the customer immediately coming and asking to see the 300 horsepower burner in operation up. And to my background, my previous background in the process burner industry, where the clients always ask well, where’s your reference list. So for us to get — finally be putting our references together, I believe, is absolutely key for us.
Unidentified Analyst: I think the encouraging thing for me is that I have not seen a failure in a product that once it’s been installed that a customer has had to withdraw or anything, everything has been successful. So I think as an investor and a long-term believer in the company, it’s just a frustration that things aren’t picking up faster, but I understand patience.
Operator: And this concludes our question-and-answer session. I’d like to turn the conference back over to Jim Deller for any closing remarks.
James Deller: Thank you, everyone. As always, your interest and taking the time to participate today. We look forward to updating you regarding our developments and speaking with you on our next call.
Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect your lines.
