Tianjin RongHeng Group LLC is a to-be-listed company specialized in petroleum drilling and exploitation device manufacturing. The Group was founded in 1982, restructured to limited liability company in 1999, named [Tianjin Hi-tech Enterprise" by Tianjin Municipal Government in 2008 and listed as [Tianjin Sci-tech Little Giant Enterprise" by Tianjin Municipal Government in 2011. Its registered place is North of Jinyu Road, Ninghe County, Tianjin and registered capital is RMB 63.58 million. In possession of petroleum drilling and exploitation equipment, precision foundry, mechanical processing and other advanced production assembly lines and inspection devices of globally advanced level, staples of the Group include electric petroleum-submersed pumps, electric petroleum-submersed motors, boost water injection pumps, double screw pumps, single screw pumps, reciprocal plunger pumps, impellers guide shells for pump and other advanced precision castings. Its products cover all the major oilfields nationwide, which are sold to US, Germany, Russia, Canada, Japan, Singapore and Indonesia etc., playing the decisive role in domestic and foreign oilfield-supporting enterprises.In 2013, the company invested 600 million yuan, and built a high standard, high - tech and high - level modern industrial science and technology park with an area of 340 thousand square meters and 200 thousand square meters of factory building. There are 20 processing lines for automatic CNC machine tools, 500 sets of CNC machine tools, processing centers and special equipment, 2108 sets of inspection instruments and 36 sets of large testing equipment. At present, the company has the annual production capacity of 5000 units (sets) of Submersible pump units and 8000 tons of Electric Pump accessories. It has 85 national patents, including 5 invention patents and 1 invention patents in the United States. The ERP production management system and the product testing test-bed that meet the national standards and the relevant API recommendation standards have been established.