On July 29^th, a delegation headed by Zhang Jun, Chairman and Chief Executive Officer of Hilong Holding, toured ZPEC’s Shanghai Headquarters, where the two parties had thorough exchanges and arrived at a mutual understanding.

The meeting was attended by Li Chundi, Chairman of ZPEC Group, Li Shigang, President of ZPEC Group, Dai Daliang, Director of the Board of Hilong Holding, and Cao Yuhong, Executive CEO of Hilong Holding. 

At the meeting, Chairman Li Chundi welcomed Zhang Jun and his delegation. He provided an overview of ZPEC Group’s global footprint in oil and gas exploration, development, and engineering services, as well as updates on its latest projects. He stated, as an integrated international energy company operating six major oilfields, ZPEC was seeing its overseas business expand steadily and its project portfolio grow, which in turn drove increasing demand for materials and equipment. This, Mr. Li noted, created ample opportunities for cooperation between the two sides. He spoke highly of Hilong’s focused and in-depth development strategy and expressed his hope that both parties would actively explore closer collaborative models in supply chain coordination and overseas project support.

Zhang Jun introduced the development history of Hilong Holding and the core technological advantages of its drill string business. He noted that the company had been deeply engaged in drill pipe, oil and gas pipeline coatings, and hard banding for over a decade. He stated that Hilong’s drilling strings featured high sulfide resistance, high strength, and high torsion resistance along with its TC series coating products, were globally competitive and well‑suited to meet the overseas business needs of ZPEC Group. He expressed leveraging its global strengths in drilling string manufacturing and coating services in order to support ZPEC’s overseas oilfield development strategy, while accelerating the launch of integrated service solutions covering customized drilling strings, coating repair, inspection, and leasing services. He further mentioned that by using projects as carriers and information sharing as bridges, Hilong aimed to translate the cooperation consensus into tangible outcomes and effective implementation.

After the meeting, Zhang Jun and his delegation, accompanied by President Li Shiguang, toured ZPEC Equipment’s workshops and had thorough exchanges regarding equipment manufacturing and intelligent products.

According to available information, Hilong Holding is a leading private integrated oilfield equipment and service provider in China. It ranks as the largest drill pipe supplier in the country and the second largest globally and is also the world’s second‑largest OCTG coating and service supplier.

(Group Headquarters/ Qu Qilei)