On May 12, Sinopec Oilfield Service Corporation ("Sinopec Oilfield Service") and Beijing JJC Technology Co., Ltd. ("JJC") signed a strategic cooperation agreement in Beijing, marking a new stage in the cooperation between the two companies. Zhang Jiankuo, Director and General Manager of Sinopec Oilfield Service, Li Xuejun, Chairman of JJC, and colleagues witnessed this important moment. Representatives of both sides signed on site and set out their strategic outlook.

Zhang Jiankuo chaired the meeting and briefly introduced the background and agenda of the signing ceremony. In his remarks he spoke highly of JJC's R&D capability and scientific achievements, saying that JJC has a highly qualified and innovative R&D team that has produced impressive results in many fields. These achievements not only reflect JJC's strong technical strength but also lay a solid foundation for cooperation between the two sides. He also noted that the strategic cooperation agreement will bring new win-win opportunities to both parties and serves as a guiding document for joint technology R&D, joint market development and other areas. By sharing resources and complementing each other's strengths, the two sides will tackle industry challenges together, drive technological innovation and the upgrading of the digital industry, and make a greater contribution to the energy industry.

Li Xuejun presented JJC's technological advantages and innovations and thanked Sinopec Oilfield Service for its long-standing support and recognition. He said the strategic cooperation agreement signed today provides JJC with a solid and broad platform. JJC will give full play to its technological innovation strengths, further deepen cooperation with Sinopec Oilfield Service, jointly advance the intelligent transformation of drilling and workover equipment and its application in domestic and international markets, jointly develop oil and gas equipment and tools for difficult-to-drill formations, jointly build an international brand of Chinese manufacturing and a world-class drilling fleet, and make greater contributions to improving industry quality and efficiency and to national energy security.

Witnessed by the attending guests, Cheng Zhongyi, Chief Accountant and General Counsel of Sinopec Oilfield Service Corporation, and Liang Xiaobing, President of JJC, signed the strategic cooperation agreement as representatives of the two sides. Taking this signing as a new starting point, the two parties will work together to move the petroleum and petrochemical industry into a new stage of high-quality development and contribute technological strength to safeguarding national energy security.
