XSHG
603800
Market cap2.53bUSD
Jul 10, Last price
84.38CNY
1D
2.15%
1Q
93.49%
Jan 2017
179.68%
IPO
386.34%
Name
Suzhou Douson Drilling&Production Equipment Co Ltd
Chart & Performance
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Profile
Jiangsu Hongtian Technology Co.,Ltd., established in 2001 and headquartered in Suzhou, China, is a key player in the research, development, manufacturing, and distribution of specialized equipment for the oil, natural gas, and shale gas industries. Formerly known as Suzhou Douson Drilling & Production Equipment Co.,Ltd. until its rebranding in June 2024, the company offers an extensive product line designed for various exploration and production needs. Their portfolio includes a diverse range of wellhead systems, suitable for land-based, offshore, unconventional, high-temperature, and fracturing operations, complemented by christmas tree assemblies. They also provide a comprehensive selection of valves, encompassing flat gate, surface safety, choke, check, plug, and electric types. For hydraulic fracturing applications, Jiangsu Hongtian supplies a wide array of components and machinery. This includes high and low-pressure manifolds, universal fracturing manifolds, various desanders (cyclone, double-canister filter), filterate manifolds, manual and hydraulic fracturing tools, fracturing goat heads, high-pressure plugs, and an assortment of union fittings like joints, movable elbows, and tees for pipeline connections. The company further delivers critical well control apparatus, such as blowout preventers for drilling, coiled tubing, and sucker rod applications, alongside drilling choke and kill manifolds. Additionally, they manufacture subsea products, including spherical flange connectors, gate valves, and choke valves. Beyond equipment provision, Jiangsu Hongtian Technology Co.,Ltd. offers a suite of support services, including fracturing assistance, equipment rental, device installation, and valuable training and technical guidance. Their advanced solutions are widely utilized in the exploration of shale oil and gas, tight oil and gas, onshore oil, offshore oil extraction, and the transportation of oil and gas via pipelines.
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