Shanghai Feizhou Boyuan Materials Technology Joint-stock Co., Ltd.

Shanghai Feizhou Boyuan Petroleum Equipment Technology Co., Ltd. is a modern high-tech manufacturing enterprise specializing in petroleum equipment for onshore and offshore oil and gas resource extraction. Founded in June 2012, the company integrates aerospace technology with new materials, control, and manufacturing technologies to form petroleum equipment, products, and services centered on intelligent composite continuous pipes (ICCP). The main products include intelligent composite continuous pipes (ICCP), intelligent oil recovery systems, buried heating pipe systems, and crude oil gathering and transportation pipelines. The intelligent oil recovery system based on ICCP consists of an electric submersible pump, ICCP continuous pipe, downhole sensors, surface control equipment, and remote communication systems, enabling truly intelligent oil recovery, which is a revolution in traditional rod pumping. Feizhou Boyuan aims to make achievements in intelligent pipelines and intelligent rodless oil recovery in onshore oilfields, and to establish a foothold in offshore oil and gas pipelines, special functional pipes for seabed combustible ice extraction, and seabed mineral extraction pipelines. The company owns independent intellectual property rights and a comprehensive design, R&D, and production system. Its R&D and design engineering team is composed of experts in aerospace and other fields, with rich experience in composite materials, measurement and control technology, and non-standard equipment integration. The R&D base is located in Shanghai Lingang Industrial Park. With continuous development and growth, all product design, R&D, manufacturing, and other functions will be realized here. The company has a wholly-owned subsidiary, Shanghai Juma Petroleum Technology Service Co., Ltd., which focuses on rodless pump intelligent oil recovery technology and services. Specific products include intelligent composite continuous pipes, submersible diaphragm pumps, and high-speed submersible pumps. Currently, Juma has the qualifications for product design, manufacturing, and quality certification, and the above products have begun to be promoted and used in domestic oilfields.