Baoji Oilfield Machinery Co., Ltd.

China's leading petroleum machinery manufacturing enterprise and one of the most growth-oriented companies in China's machinery industry. Baoji Oilfield Machinery Co., Ltd. (BOMCO), formerly the original Baoji Petroleum Machinery Factory established in 1937, is a top petroleum machinery manufacturer under China National Petroleum Corporation (CNPC). It has been rated as one of the most growth-oriented companies by the China Machinery Industry Enterprise Management Association and ranks 208th among China's Top 500 Machinery Enterprises. After decades of development, especially rapid growth in the past decade, the factory now covers an area of over 800,000 square meters, with assets of 900 million yuan, more than 2,000 sets of various equipment, including over 100 large-scale precision machines, and over 740 professional technical personnel. It is an important domestic R&D and production base for petroleum machinery equipment, producing over 30,000 tons of petroleum machinery products annually. Large drilling rigs and other products account for more than 60% of the domestic market share, and it has already achieved technology exports for complete large-scale petroleum machinery equipment. The company has a complete and well-equipped product R&D center, with major products already utilizing 2D and 3D computer-aided design. The factory possesses test and inspection facilities such as large drilling rig component test benches, mud pump test benches, high-pressure sealing test rooms for blowout preventers and wellheads, a 10,000-meter drilling rig test site, complete load testing devices, and large-scale tension, pressure, and transmission test benches. The company has over a dozen subsidiaries and sub-factories, including petroleum drilling equipment companies, special vehicle companies, parts companies, special tools and measuring tools companies, as well as gear reducers, casting, forging, heat treatment, solids control, and machinery repair facilities. It has strong processing and manufacturing capabilities, producing dozens of products and hundreds of specifications for complete drilling rigs, oil production equipment, wellhead devices, well control systems, special engineering vehicles, drilling rig parts, and drilling and production tools and measuring instruments needed for oil, gas, and geological exploration and development. BOMCO has a comprehensive quality management and assurance system. In 1995, it was the first in the industry to pass the ISO9001:1994 quality system certification from Det Norske Veritas; in 2001, it passed ISO9001:2000 certification; in 2002, it passed ISO14001 environmental system certification, becoming one of the earliest enterprises in the domestic industry to obtain this certification; and in 2003, it established the HSE health, safety, and environmental management system. The company has 8 categories and 60 products with the right to use the American Petroleum Institute (API) monogram, making it the enterprise with the most API monogram usage rights globally. Many of its products enjoy high reputations both domestically and internationally. The ZJ50D and ZJ70D drilling rigs have been listed on China's Enterprise Records, with the ZJ70D electric-drive rig winning the CNPC 2000 Top Ten Science and Technology Progress Project award and undertaking the drilling task for the Chinese Continental Scientific Drilling Program Well-1. Its elevators, thread gauges, and pumping units have respectively won national gold and silver medals, and the Gemstone brand F-series mud pumps have become world-leading products. Currently, the company's products are not only popular in major domestic oil and gas fields but also exported to more than 20 countries and regions including the United States, Canada, the United Kingdom, the Middle East, South Asia, Southeast Asia, and the CIS, with business and technical exchanges with over 70 manufacturers worldwide. Baoji Oilfield Machinery Co., Ltd. will continue to uphold