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Abstract The recent results from the second round of shale gas exploration rights bidding have significantly boosted the performance of Jiang Diamond Co., Ltd., a leading oil drilling equipment manufacturer based in China's Optics Valley. On the 22nd, the company reported strong financial figures for the past year, with total operating revenue reaching 1.8 billion yuan and a net profit of 150 million yuan, representing a 9.2% year-on-year growth.
The positive results are attributed to increased sales of its petroleum machinery products both domestically and internationally, as well as a notable rise in revenue from natural gas-related products. According to the company, this growth reflects its strategic efforts to expand market share and adapt to evolving industry demands.
In 2012, Jiang Diamond leveraged its technological expertise to stay ahead of global market trends and advancements in drilling technology. The company continuously expanded its range of diamond drill products, strengthening its position in both domestic and international markets. A key highlight was the high production yield of its new roller bit product line, which reached up to 38%.
With a solid foundation built on innovation and market responsiveness, Jiang Diamond is well-positioned to capitalize on the growing demand for energy exploration technologies. As the shale gas sector continues to develop, the company remains committed to driving efficiency, quality, and sustainable growth in the global oil and gas industry.Welcome to our B2B platform where we offer a range of high quality Bathroom Accessories and hardware solutions to meet your business needs. Our product range includes **Pop-Up Drainer**, **Stainless Steel Drainer With Overflow** and other premium options. As a professional manufacturer and wholesaler, we are committed to providing first-class sanitary equipment to customers around the world.
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