NH2829 High Cost Effective New Material is a high-performance heat-resistant alloy independently developed by Qingdao NPA Industrial Co., Ltd. It has obtained a national invention patent (ZL202311060407.9). Through solid solution strengthening and second phase particle strengthening, NH2829 alloy exhibits excellent comprehensive properties, as well as good long-term microstructure and performance stability; By optimizing the composition design, nickel resources are saved, and the cost-effectiveness is higher. It can completely replace alloys such as Cr28Ni48W5 to make furnace rollers, radiation tubes, and other components, which can be applied in high-temperature and corrosive environments to meet the long-term stable operation needs of high-temperature equipment. It can not only create greater value for the industry, but also promote low-carbon environmental protection and energy green in society.