On February 17^th, the leaders and experts of Zhongman Group and the team of Geng Yingchun, Vice President of Sinopec Shengli Petroleum Engineering Drilling Technology Research Institute (the Institute), conducted comprehensive discussions and exchanges on technical cooperation in oil drilling technology and intelligent equipment.

Li Chundi, Chairman of ZPEC Group, and more than ten technical experts and leaders attended the discussion. At the meeting, Chairman Li expressed a warm welcome to the guests and extended sincere greetings, hoping to help the company solve the relevant technical problems in drilling technology and intelligent drilling rig equipment in the drilling process through the professional and technical achievements of the Institute, improve the overall efficiency of drilling, achieve mutual benefit, and win-win cooperation.

At the meeting, Yang Rui, Deputy General Manager of Zhongman Oil Service Company, briefly introduced the development history, integration advantages, achievements, and development vision of the Group to the experts and professors of the Institute. They put forward the relevant process difficulties encountered in the current drilling project.

Subsequently, Niu Hongbo, Deputy Chief Engineer of the Institute, introduced in detail the major technological breakthroughs and characteristic technologies made in recent years in terms of advanced drilling technology and core products.  He hoped that the two sides would give full play to their respective advantages and carry out relevant cooperation as soon as possible.

Finally, the experts of the two sides conducted in-depth discussions on the drilling process and intelligent equipment research and development topics to be cooperated. They exchanged views on issues of mutual concern and also hoped to reach cooperation as soon as possible to achieve mutual benefit and common development by giving full play to their respective advantages.

(By Mr. Yu Yongzheng, Group Headquarters)