Recently, in the “2008 China Petroleum and Petrochemical Equipment Industry Evaluation Results Announcement†issued by the China Petroleum and Petrochemical Equipment Industry Association, Zhongcheng Machinery Company was rated as one of the “Top 50†enterprises by the Association. The company's products - screw drilling tools, submersible electric pumps, reciprocating pumps, diamond drill bits, cables, pumping units were rated as industry famous brands. Zhongcheng Machinery Manufacturing Co., Ltd. was also rated as “AAA†in the industry's credit rating.
It is reported that the China Petroleum and Petrochemical Equipment Industry Association is an organization that serves the government and aims to play a guiding role in the industry, promote exchanges and cooperation between enterprises in the industry, and create industry famous brands and Chinese famous brands. The association conducts an annual evaluation of the industry's “Top 50†companies, industry brands and industry credit ratings.
The rapid development of Zhongcheng Machinery Manufacturing Co., Ltd. benefits from technological innovation. In product research and development, the company follows the work ideas of “production generation, development generation, development of one generation, conceiving a generationâ€, and closely tackles major technical problems in production and management, and has achieved a large number of high-level scientific research results. In 2008, the company's new products generated revenue of 126 million yuan. At the end of 2008, the company successfully passed the national high-tech enterprise certification and became one of the few state-level high-tech enterprises in China Petroleum.
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