Hilong Petroleum Industry Group (Hilong Holdings, 01623.HK) is a large-scale listed entity enterprise group that provides high-end oil field equipment and comprehensive oil field technical services for oil and gas development. It integrates scientific research, production and service, and has established dozens of production bases and business branches around the world. The group is headquartered in Shanghai. Since its establishment in 2002, along with the horizontal expansion of drilling, extraction, and transportation of oil and gas development and the vertical extension of the industrial chain, Hilong has formed five core business segments: oilfield equipment, oil field services, pipeline technology and services, marine engineering, and new materials, and has established specialized research and development institutions such as the Petroleum Pipeline Research Institute and the Petrochemical Research Institute. The integrated development of oilfield equipment products and comprehensive technical services has been realized. Hilong has established a complete sales and service network in various petroleum producing regions around the world, providing high-end products and comprehensive services for CNPC, Sinopec, CNOOC and many internationally famous energy and oil service companies, such as Shell, British Petroleum, Schlumberger, Weatherford, ConocoPhillips, Ecuadorian National Petroleum, and Venezuelan National Petroleum. At present, Hilong's products and services have covered countries and regions such as China, Southeast Asia, South Asia, Central Asia, Russia, the Middle East, Africa, North America and South America. Hilong Group is committed to building the world's leading supplier of oilfield equipment and services. It has always adhered to the core development strategy of scientific and technological innovation and internationalization, and has always created maximum value for global customers with high-quality, high-tech and differentiated products and integrated services.