The company is a multinational enterprise dedicated to providing innovative technologies, products and services for increasing oil and gas field production, optimizing production and oil and gas reservoir management, and providing overall solutions for the digital transformation of oil and gas fields and related industries. The company was founded in 1994, changed overall to a limited liability company in 2000, and listed on the Shenzhen Stock Exchange GEM in May 2010. The company is mainly engaged in high-end oil and gas field equipment manufacturing, oil and gas field technical services and oil and gas field digitization business. It is committed to providing innovative technologies, products and services for increasing oil and gas field production, production optimization and oil and gas reservoir management, and providing overall solutions for the digital transformation of oil and gas fields and related industries. The company's products include multi-phase metering products and related services, underground survey/well testing, production enhancement instruments and tools and related services, fracturing equipment and related services, oilfield special vehicles, environmental protection equipment and oil and gas sales, and new energy. Honors received include the company receiving free funding from the Ministry of Science and Technology's “Small and Medium Technology Enterprise Innovation Fund”; the company's multi-phase flowmeter was approved by the National Development and Reform Commission as a national high-tech industrialization demonstration project — “Major Industrial Process Automation Project — Industrialization of Multiphase Flowmeters”; the MFM2000 multiphase flowmeter was listed as a “National Key New Product” by the Ministry of Science and Technology; the company's multi-phase measurement series products were included in the “National Torch Program Project” by the Ministry of Science and Technology; advanced enterprises in Gansu Province in 2022 Commendations from the Ministry of Economy, Trade and Commerce of the Embassy, etc.
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