help with Chinese Elm peeling bark

[DraytonSawyer]

Hoping I can get a few pairs of extra eyes on what I thought was just normal bark cracking/peeling for one of my elms. The more it progressesn, the more I start to doubt it's normal and all is well. The tree is very healthy otherwise. Thanks in advance!

 

[Kanorin]

Looks like the peeling that occurs naturally to me.

 

[Mellow Mullet]

Chinese lace bark elm. It is natural.

 

[19Mateo83]

Looks natural to me

 

[DraytonSawyer]

Very much appreciated gang!

 

[Maiden69]

Completely normal.

 

[Bonsai Nut]

The official term is "exfoliating bark" and yes it is normal. It is actually one of the features of Chinese elms that people look for.

 

[Kevin1968]

Here is a picture of a full grown that has lost all of its Lace bark except on smaller branches that have not matured.

 

[DraytonSawyer]

Quick update / follow up question to this slightly dated post. While looking at one of the exfoliating areas I happened to notice what I'm afraid are some kind of pest eggs.
Hoping someone can please identify?