Shandong Molong Petroleum Machinery Co., Ltd, located in Shouguang which is famous for its vegetable worldwide, near to Laizhou Bay of Bohai, is a public joint stock corporation specializing in design, research and development, processing and manufacturing, sales and export of petroleum machinery, with leading products comprising tubing, casing, special seamless tube, sucker rod, sub-surface sucker rod pump, pump unit, ESP, fluid injection pump and various down hole tools etc. Molong has developed into one of designated manufacturers of PetroChina Sales Company and Sinopec Material Resources Market concerning to Three Sucker i.e. sucker rod, sub-surface sucker rod pump and pump unit, and special petroleum equipment etc. Molong earlier has passed the ISO9001 system and been granted the license to use the API Monogram for major products. Our valve, pump liners and pistons, stainless precision casting,”Three Sucker” and its accessories are very popular and enjoy high reputation  in word major oil region in Europe, America and Middle East.

   Over the years, by adhering to its tenet that is encouraging all people, absorbing all thinks, collecting all contributions and creating all achievements, Molong has developed so quickly to make growing economic growing gains year by year through expanding scale and extending production line. Molong is playing a leading role in the same industry and steps into Top 100 Mechanical Enterprises in Shandong Province and Large-scale Enterprises in Shouguang, appraised as Province–level Enterprises Honoring Contract and Keeping Promises, Grade A Credible Taxpaying Enterprises, Grade AAA Credible Enterprises for China Agricultural Bank, the Most Credible Enterprises for Credit and High and New Technology Enterprise etc. The improving quality system and approval to use API Monogram benefit Molong access to overseas and domestic oilfields, building new Molong brand and preparing for the future development well.

    In 2004, Molong got listed on the GEM of Hong Kong Stock Exchanges for dealing and was listed on the Main Board of Hong Kong Stock Exchanges with stock code: 568 in 2007. The successful transformation contributes to improving Molong’s stance in international capital market and exploring the way to collection of the capital for expanding in production scale.

    The short-term objective of Shandong Molong is upon the good reputation and leading position built up in the petroleum machinery market over the years, enhancing its product development capability and productivity of high grade OCTG, adjusting the product mix, improving the overall profits as well as elongating the production chain in order to supply good quality products and bring ideal returns for investors, to lead this industry and become a world-class well-known petroleum machinery manufacturer and service provider