The 15th China (Dongying) International Petroleum and Petrochemical Equipment and Technology Exhibition opened in Dongying. More than 1400 participating enterprises and over a thousand buyers gathered at the "online" exhibition to seek the development of the petroleum equipment industry.

Taking the integration of oil and land as an opportunity, relying on the intellectual and market resources of oil fields, Dongying District leads enterprises to continuously strengthen technological innovation, and strives to overcome a number of "bottleneck" technologies, "killer" products, and "first set" equipment, achieving a magnificent transformation from following to leading.

The new round of technological revolution has brought about more intense market and industrial competition, testing whether enterprises can steadily move forward on the path of high-quality development. Accelerating the development of petroleum equipment manufacturing industry is a strategic requirement for the high-quality development of the country

70% of the world's oil is extracted through pumping machines commonly known as "kowtowing machines". Among the various types of pumping machines, beam pumping machines account for nearly half of the country.