We
are a major "one-stop" customised solutions provider
of integrated tertiary oil recovery equipment and
products in the Daqing oilfield region of
the PRC. We are principally engaged in the research,
development, manufacture and sales of customised integrated
equipment and products that are used in enhancing
the extraction of crude oil.
Our research and production facilities are located
in Daqing City, Heilongjiang Province of the PRC,
and we have research and development ("R&D") facilities
in Beijing as well. In October 2004, we acquired a
348,792-sqm site for the construction of a new production
complex, Dafeng Industrial Park, in the Third Zone
of Hi-Tech Development Zone, Daqing City. The first phase was completed in 1Q 2008.
All of our products are sold directly to PRC oil
extraction companies operating in the Daqing oilfield,
which is one of the first and largest oilfields to adopt tertiary
oil recovery technology in the PRC. With a strong
emphasis on R&D and product quality, we have developed various patented oil extraction equipment
and technology over the years. |