Provisions with More Than 220 Ultra-long Stroke Pump Unit Contracts Were Signed With Daqing, Liaohe and Shengli Oilfield on March 2018

From early February to the end of March 2018, Daqing Oilfield, Liaohe Oilfield, and Shengli Oilfield have successively negotiated business with our company. Three oil fields have signed contracts with our company to purchase and install a total of more than 220 long-stroke pumping units among which 85 units ordered by Daqing Oilfield, 90 units purchased by Liaohe Oilfield and 45 units by Shengli Oilfield. All these pump units should be installed and put into production before the end of October this year according to the contract requirements. Currently, prefabrication for these pumping units has been kicked off.