On January 20th, the second batch of Shanghai’s "Private Enterprise Headquarters" awards and the symposium was held in the Pudong New Area Office Center. As a representative of 34 private enterprise headquarters in the Pudong New Area, ZPEC attended the ceremony and accepted the certificate. The purpose of the awards is to encourage enterprises to become stronger and better. The selected companies receive corresponding preferential treatment and support in policies, taxation, economy, etc.

The selection of private enterprise headquarters by the Shanghai Municipal Commission of Commerce, the Municipal Development and Reform Commission, the Municipal Economic and Information Commission, and the Municipal Federation of Industry and Commerce has attracted widespread attention and has signaled the important increasing role of private enterprises in Shanghai’s economic development. At the symposium, representatives of the ZPEC introduced the company's current development status, transformation, and upgraded strategy, and were full of confidence in future prospects.  With the strong support of the government, the company will continue to increase management innovation and technological progress, expand profit margins, and contribute to Shanghai's economic development.

As a representative of domestic private oil and gas companies, in recent years, ZPEC has taken root in Shanghai’s Lingang zone, has deeply cultivated overseas countries along the “ONE Belt ONE Road”, and has actively expanded domestic markets such as Xinjiang, Sichuan, Shaanxi, Gansu, and Mongolia. ZPEC has formed an integrated, upstream and downstream development pattern with oil and gas exploration and development, drilling engineering services, and petroleum equipment manufacturing as its main industries. The company’s sustained profitability and anti-risk capabilities have been improved year-by-year, establishing a long-term and stable development trend.