Shandong Gaoyuan Oil and Gas Equipment Co., Ltd. was established in 2020, with assets of 1.5 billion yuan and three industrial parks covering an area of over 800 acres. The company's business covers five categories, including drilling equipment, oil extraction equipment, petroleum pipes, special vehicles, and oilfield engineering services, with over 30 series and more than 280 products. Among them, many products and technologies such as belt pumping units, steel continuous sucker rods, grid electric workover rigs, and submersible screw pumps are at the world's advanced level. The company is a domestic oil and gas equipment and engineering service enterprise with complete products, leading technology, and international competitiveness.