Kerui Secures Over RMB 750 Million in Series Drilling Rig Project Orders

Recently,Kerui successfully won the bid for and officially signed a contract formultiple sets of drilling rig projects with the Algerian National DrillingCompany (ENTP), with a total project value exceeding RMB 750 million. Li Jinxu,President of Kerui, Simon Jiang, Senior Vice President of Kerui, and Mr.Abdelghafour GHELLAB, CEO of the Algerian National Drilling Company, attendedthe signing ceremony.

Thiscooperation has further expanded Kerui's market share in the highend modelsegment of the African oil and gas market. It also marks that Kerui iscontinuously accelerating its transformation from an "equipmentmanufacturer" to a "comprehensive solution provider" in itsinternationalization strategy.