The Establishment Meeting of Henan ZhongTuo Petroleum Engineering Technology Co., Ltd

The establishment meeting of Henan ZhongTuo Petroleum Engineering Technology Co., Ltd is held in Puyang Guest House on July 26th, 2011.

The meeting was hosted by the company’s vice president, Mr. Xia Zhimingand the Director of Municipal Finance Office, Mr. Ma made a speech. Other attendants included the board of directors of the limited company, supervisor candidates, executive candidates, representatives of related intermediaries and shareholders.

In accordance with the nation’s related laws and regulatory, the meeting deliberated and passed the company’s constitution and bills of the Board of Directors and Supervisors. Then on the first meeting of the first session of the Board of Directors, Xu Xiaohua was elected as the chairman of the Board of Directors as well as the general manager of the company. Xia Zhiming was appointed as the secretary of Board of Directors, Shang Guangbo, Zhang Pingtao, Li Xiaohui and Ge Yanchao appointed as vice presidents and Ms. Chen Jianxia as chief financial officer (CFO). And Mr. Ma Tieguang was elected as the chairman of the company’s Board of Supervisors.

Founded in 1997, our company has always stuck to the concept of concentrating on pipelines and has been an expert in pipeline pressure testing, rehabilitation, installation, crossing engineering and investment and operational services. After 14 years’ development, the previously little known company blossomed into a leading brand in private pipeline service industry, with a total of 20 patents so far. Independently innovating in trenchless technology, chemical and physical cleaning of pipelines and many other areas, our company has been awarded as National Hi-Tech Enterprise, Innovation-Based Pilot Enterprise of Henan Province, Advanced Company of Puyang and Outstanding Contributions Enterprise of Puyang.

The establishment meeting of Henan ZhongTuo Petroleum Engineering Technology Co., Ltd is the most crucial transformation of organization form in the developing history of ZhongTuo. It also started a new undertaking, which marked the company’s firm progress in introducing strategic investors and raising funds from the public. The significant stage achievement of transforming the organization form and listing will doubtlessly promote the public listing of ZhongTuo.