DeRun Energy Co.,Ltd is the international business company of Shandong Luhai Petroleum Technology Co., Ltd. (Stock Code:832799) Luhai was founded in year 2008, which is a high-tech enterprise of producing drilling equipment and tools. Main products involves well drilling, well cementing, well completion, and oil extraction, including more than ten series, hundreds of varieties of drilling equipment, accessories and tools. Especially, downhole motors, centrifuges, drilling waste management equipment and other core products obtain more than 20 national utility model patents. Shandong Luhai is also an integrated service enterprise of providing directional well, horizontal well and drilling waste management services in oil and gas industry. Through DeRun’s continuous efforts, the company established a set of standardized production quality control, inspection and testing management systems, having the international advanced testing tools and test equipment, which help DeRun to obtain API Q1, API SPEC6A, API 7K, API 7-1, and API 5CT certifications, also ISO9001 quality system certification, ISO14001 environment system certification and ISO18001 occupational health and safety system certification. DeRun is keen to follow the internationalization strategy, and committed to improving our international operation and service capacity. DeRun has independent import and export authority, our products exported to more than 20 countries and regions. DeRun international service bases were established in the Middle East and America in 2011 and in 2014. In addition to the advanced products, DeRun Energy will equipped by the capital advantages and technical specialty, to invest in the revolutionary technology R&D for drilling tools and drilling equipment, continuously develop overseas distributor system, seek the oversea cooperation opportunities, focus on the product performance enhancement, maintenance and repair services, and tools/equipment trade/leasing business.