Yantai Jereh Oil and Gas Engineering Co., Ltd.

Jereh Group

History

  • Glory Once More (2013-) → Click
  • ·Dec. 2, 2014,Jereh established a JV, Shanghai Habo Offshore Engineering Corp. to develop offshore oil & gas equipment manufacturing, marking Jereh’s expansion into offshore engineering.
    ·Nov. 20, 2014,Jereh waste oil-based mud management comes to the onsite experimental period in Daqing. The percentage of total petroleum hydrocarbon (TPH) fallen from 12.12% to 0.15% after disposal, offering best solution for waste generated during unconventional oil and gas exploration.
    ·Nov. 10, 2014,Jereh started the "Toxic-gas Tent " Project Phase II in Hangzhou, and two sets of Jereh TSA units were at working site which can treat 21 tons of soil polluted by agricultural chemicals per hour.
    ·Nov. 9, 2014,Jereh self-developed new Membrane Nitrogen Generator Unit (DFQ900-1M) was delivered for CNOOC offshore operation, showcasing Jereh’s growth towards offshore equipment manufacturing.
    ·Nov. 8, 2014,Jereh group signed into a strategic partnership with Southwest Petroleum University (SPU) to co-develop oil and gas technologies. Mutual development is expected to be gained in the field of unconventional.
    ·Oct, 31, 2014,Jereh Group was honored the highest prize in China charity——“Outstanding Charity Organization in China”, in recognition of what it has done for social sustainability.
    ·Oct. 24, 2014,The First Jereh Cup Oilfield Equipment Designing Competition of Postgraduates was held in Qingdao. Over 100 teams from 6 universities brought their ideas and inspirations.
    ·Oct. 12, 2014,Jereh Group signed a strategic partnership with Shandong Huayu Energy on cofounding a LNG plant with production capacity of 21.2MMSCFD.
    ·Sept. 15, 2014,Jereh integrated CO2 fracturing solution for large-scale liquefied CO2 fracturing operations was done in the Black +79-31-45 well, Jilin, resulting in the largest CO2 fracturing stimulation in China.
    ·Aug. 1, 2014,Another shale gas LNG plant agreement with production capacity of 10.59 MMSCFD was done between Jereh and Sichuan Sentai Energy Investment Corp.
    ·July 31, 2014,Jereh signed the strategic cooperation agreement with Sichuan Sentai Energy Investment Corporation to provide an integrated shale gas solution. The LNG plant (2.47 MMSCFD) is remarkable in China’s shale gas commercialization.
    ·July 26, 2014,Jereh successfully finished the logging and perforating operation for Well TK7219CH in Xinjiang by putting cables in the coiled tubes, which is the very first time application in northwest China. Together with the one in Middle East, it highlights Jereh’s strong capacity in coiled tubing logging when competing with international players.
    ·July 26, 2014,The last 4 sets of Jereh 3,500kW high-power compressor packages were delivered to Kazakhstan (CNPC), which is another good promotion of Jereh’s strong technology and market advantages as the largest imported compressor packager in China.
    ·July 20, 2014,Jereh self-developed 240bbl closed–loop sand blender (HSC40) has finished pulse sanding operations for CNPC Downhole Service Company of XDEC in Changji field, with world’s largest discharge flow rate at 251.6 bpm.
    ·July 4, 2014,Jereh group announced a strategic cooperation agreement with CNPC Xibu Drilling Engineering Company Limited (XDEC), to give full play to their advantages and enhance the mutual cooperation in cementing equipment, spare parts and engineering services.
    ·July 1, 2014,Jereh coiled tubing units successfully finished the acidization injection operation at BU HASA oilfield, marking Jereh’s expansion into Middle East high-end service market.
    ·June, 2014,Jereh finished the frac flow-back treatment of 12 shale gas wells for Shell China at Fushun, Sichuan province. Its success is China’s first integrated environmental services application for shale gas from waste transportation, storage to fluid purification and recycling.
    ·June 26, 2014,Jereh is awarded Yantai Meritorious Enterprise for Opening to the Outside World.
    ·June 14, 2014,Jereh joined UN Global Compact, which recognizes Jereh’s global commitment in the areas of human rights, labor standard, environment and anti-corruption.
    ·June 10, 2014,19 Asian media visited Jereh and delivered their high praise on Jereh’s innovative development and comprehensive strength of internationalization.
    ·June 6, 2014,Jereh successfully joined UN Global Compact, which recognizes Jereh’s global commitment in the areas of human rights, labor standard, environment and anti-corruption.
    ·May 7, 2014,Jereh released the “More LNG Stations for Green China” project to appeals to the entire industry to build 10,000 LNG fueling stations in China by 2020. Aiming at promoting LNG development in China, Jereh believes this project will greatly contribute to Chinese environment and fight against the haze pollution in China.
    ·April 25, 2014,Jereh won the bid to provide six compressor packages for CNOOC offshore projects, showing strong recognition on its offshore performance.
    ·April 1, 2014,Jereh was awarded “Top 100 Taxpayer in Shandong Province”, the only oilfield manufacturing enterprise on the list.
    ·March 19, 2014,Jereh launched its Apollo 4500 turbine frac pumper in Beijing, setting a world record of one single frac pumper’s highest output power, 4500hhp. Its debut makes China the third country to have built turbine fracturing equipment after the United States and Russia.
    ·March 14, 2014,Jereh develops its full products and services in gas transportation, natural gas treatment & processing, LNG/CNG production and fueling sector.
    ·February 25, 2014,Jereh self-innovative 340K Snubbing Unit showed great performances in Sichuan, China, which ends the foreign equipment monopoly in heavy well intervention sector.
    ·February 8, 2014,Jereh was awarded “Advanced Talents Groups in Yantai”for five consecutive years. Mr. Sun Weijie was awarded as “2013 Excellent Entrepreneur in Yantai”.
    ·November 16, 2013,Jereh won the title of 2013 Happiest Corporate hosted by China Business Journal, a leading integrated financial media organized by Institute of Industrial Economics of CASS.
    ·October 18, 2013,Jereh held a Product Launch Conference for the “Small Well Site, Great Frac Job” New Concept Fracturing Solutions in Yantai, China and successfully achieved live online testing of a full set of equipment. It was the world's first shale gas exploitation solution under complex geographical conditions.
    ·September 15, 2013,Successful services of Jereh high quality coiled tubing was fully recognized by Shell, which showed Jereh’s high competitiveness in international oilfield engineering services market.
    ·September 12, 2013,Jereh was listed on the Shandong Government Innovation Award for High-End Equipment Manufacturing, as the only enterprise in the field of shale gas equipment industry.
    ·August 29, 2013,As an outstanding representative of private businesses, Jereh participated in the Global Development Forum for China Energy Equipment Corporate. The “amazing rate” of Jereh development and globalization strategy was highly evaluated by the Ministry of Commerce and the National Energy Administration.
    ·August 20, 2013,Jereh passed the authentication of API, becoming the first Chinese company to get the certification of API QHSE Integrated Management System
    ·August 5, 2013,Jereh won a contract with Botas, a Turkish national Petroleum Pipeline Corp. for the provision of high power reciprocating compressors to the project of underground natural gas storage of Lake Tuz, which signified the China’s highest power engine-driven compressor packages as well as the first high-power and high-speed package to Europe.
    ·July 17, 2013,Jereh became the first Chinese company that provides gas sweetening unit for oil and gas field in Pakistan by providing one set of totally self-designed and fabricated unit, for Oil & Gas Development Company Limited in Pakistan.
    ·June 20, 2013,Jereh was honored as “Best Corporate Brand Image Award” and “The Most Influential Enterprise Award” at the 2nd China Finance Summit.
    ·June 2013,Jereh further improved its customer awareness by upgrading the service goal of “Exceeding Customer Expectations” in 2007 to “Focused on customer needs and dedicated to exceeding customer expectations”.
    ·May, 2013,Jereh won another big order of 10 sets compressor packages from CNPC Kazakhstan. The largest set among them could achieve up to 5000kW power, which is the largest natural gas compressor package with the highest power exported from China.
    ·May, 2013,Jereh launched its first skid mounted LNG fueling system at Beijing NGV Conference, which marked its first entry of Jereh liquefaction nature gas (LNG) solutions into the global market.
    ·May 16, 2013,Jereh’s share price closed at $14.52 and reached the market capitalizations in excess of $6.7 billion, which made Jereh become the largest publicly listed company by market capitalizations in Yantai.
    ·April 4, 2013,Jereh signed a strategic cooperation agreement with Baker Hughes (Asia Pacific). The agreement further strengthens the business partnership between Jereh and Baker Hughes to optimize the development of the oilfield service.
    ·March, 2013,Jereh equipment reached an impressive milestone by developing Jereh 3100HHP Truck Mounted Fracturing Unit with the highest output power up to 3115 hydraulic horsepower, which setting a new world record of one single frac truck’s highest output power in the oil and gas industry.
    ·February 1, 2013,Jereh was awarded “Top 50 Most Innovative Enterprises” by International Business Daily publication, Chinese Ministry of Commerce in the“2012 New Competitive Advantages of Chinese Business” awarding ceremony.
    ·January 30 2013,In 2013, to share wealth with our staff, Jereh fifth “Golden Key” Car Awarding ceremony was held on January 30th, 2013 and 42 our excellent employees each one got a car as reward. So far, Jereh has awarded totally 150 cars to incent employees in the past five consecutive years.
    ·January 29, 2013,Jereh won contract in excess of $178 million to provide well completion and stimulation equipment for Petroleo De Venezuela S.A (PDVSA). So far, this contract has been Jereh’s largest order to supply 180 sets of oilfield equipment in only 4 months.
  • International development (2010-2012) → Click
  • ·December 24, 2012,Jereh was awarded “2012 Most Respected Listed Company”. Hosted by Investor Journal, this list was appraised and elected from 200 large cap listed companies by representatives from 70 public offering fund companies and 5 private offering fund companies. Jereh is the only one oilfield equipment manufacturer and service providing company who has won this award.
    ·November 22, 2012,An ultra-large Coiled Tubing Trailer designed and manufactured by Jereh was delivered today. This unit is the first large diameter CTU made in China for fracturing operation, and also the largest diameter CTU in China so far.
    ·November 15, 2012,Jereh Energy Services Corporation successfully conducted Coiled Tubing (CT) Sand Jet Perforating and Annular Fracturing operation by 18 stages in Sulige, Inner Mongolia. It set up a new record of the most stages for single well CT jet perforating fracturing.
    ·October 20, 2012,Jereh was awarded the “Most Growth Potential Listed Company” among the 2012 China Listed Companies Reputation List, which was initiated by National Business Daily. This award shows the affirmation and recognition of capital market on Jereh Stock for its active expansion of new business.
    ·October 18, 2012,Jereh (Tianjin) Oil & Gas Engineering Co., Ltd. delivered a Skid Mounted TEG Based Dehydration Unit to CNPC Qinghai Oilfield Gas Development Company. This unit has been continuously running for 30 days with zero-breakdown after put into production. Good performance of this unit has passed CNPC’s evaluation and can meet all their requirements for continuous operation. This also shows the strong technical strength of Jereh on natural gas processing EPC.
    ·October 16, 2012,Jereh Petroleum Equipment & Technologies Company moved its frac equipment assembly facility into the newly established industrial park of Jereh. Manufacturing facilities of frac and cementing equipment will be put into use successively. This will also facilitate doubling Jereh’s R&D and production capacity.
    ·August 27, 2012,Jereh Group website (http://www.jereh.com/) was successfully redesigned and launched to present a new image to all the audience.
    ·August 17, 2012,Jereh was awarded the “Top 50 Valued Companies at SME Board in China” for two years in a row. This shows Jereh’s excellent performance on finance, corporate governance, team management, brand building and strategic planning.
    ·July 18, 2012,Government leaders of Yantai organized a one-hundred persons visiting group and visited Jereh industrial parks, showing full recognition of Jereh’s rapid development.
    ·July 4, 2012,Radial Drilling Services (Yantai) Co., Ltd. took successful radial hydraulic jetting operation in Liaoning, China, which increased the production obviously by 214%. This operation broke through the application limit of radial hydraulic jetting technology for CBM, and laid firm foundation for the application of this technology at other fields besides oilfield.
    ·May 2012,Jereh Group newly set up “Jereh Scholarship” in Yangtze University and Southwest Petroleum University. So far, “Jereh Scholarship” has been set up in six petroleum universities.
    ·March 31, 2012,Jereh achieves sales revenue of RMB 1.92 billion in 2011 with tax payment at RMB 210 million. It was honored as Yantai 2011 Top 100 Taxpayers by the People’s Government of Yantai Municipality.
    ·March 25, 2012,Mr. Jia Qinglin, the member of the Standing Committee of the Political Bureau of CPC Central Committee and chairman of CPPCC National Committee, visited the Jereh industrial park. Mr. Jia spoke highly of Jereh oilfield equipment manufacturing capacity and the key projects Jereh has undertaken for building the Blue Economic Zone. He also stressed the national “12th five-year plan” for China shale gas development and encouraged Jereh to make greater contributions to the national oil & gas industry.
    ·March 20, 2012,Jereh and the world leading compressor manufacturer Ariel held the authorizing ceremony at the 12th CIPPE (China International Petroleum & Petrochemical Technology and Equipment Exhibition), which marks Jereh as the first officially authorized distributor/packager of Ariel in China. The American-based Ariel is one of the world’s largest professional compressor manufacturers. The superior performance and reliability of Ariel products is considered to be the world standard within the compressor industry.
    ·March 19-21, 2012,Jereh attended the 12th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE) with a 750m2 indoor booth and a 100 m2 outdoor booth. This is the brand new exhibition since Jereh changed its logo last year. Jereh exhibited its newly developed superior oilfield equipment including intelligent pipe handling system, 340K snubbing unit, 2500HP frac pumper, and Zone II coiled tubing skid.
    ·January 18, 2012,Jereh University held its opening ceremony. The University consists of 6 colleges (Corporate Culture College, Management College, Marketing College, Mechanical College, Supply Chain College and Oilfield Engineering Service College) and 1 technical research center. It serves as the base to cultivate senior technical talents, professional management talents and various business talents for the whole group.
    ·January 4, 2012,Jereh was listed in the “Forbes China's Best Public Enterprises” for the second time, ranking the fifth position among all companies listed and the first position among all oilfield equipment manufacturers. The rapid growth momentum and huge development potential of Jereh attracted the industry’s attention again.
    ·January 2012,The advanced fracturing fleet developed by Jereh for North American customer was successfully delivered, making Jereh the first Chinese oilfield manufacturer to provide complete fracturing fleet for North American shale gas fracturing.
    ·November 18, 2011,Jereh changed its company logo to better present the integrity, innovation, respect and win-win principles of Jereh brand. The new logo enriches the image of Jereh brand to be international, open and innovative.
    ·August 11, 2011,The state-of-art proprietary radial drilling equipment and service technology were introduced in Radial Drilling Services (Yantai) Co., Ltd. Together with the American partner, Jereh radial drilling team is capable of providing optimal solutions and onsite construction for customers by using the advanced and professional equipment and tools as well as their experienced technology.
    ·July 2011,Jereh was awarded the “2010 Top 50 Valued Public Companies at SME Board in China” by Securities Times. This award proves the sustainable development momentum and excellent management team of Jereh and also shows Jereh’s commitment to maximize investors return and create long-term value for the oilfield industry.
    ·June 3, 2011,Radial Drilling Services (Yantai) Co., Ltd. (a joint venture between Jereh and Radial Drilling Services) was established to provide short radial drilling services and technical consultation for China oilfields.
    ·May 1, 2011,Following the scholarship set up in China Petroleum University in 2007, Jereh Group set up scholarship in Northeast Petroleum University and Xi’an Petroleum University to continue support the petroleum industrial education.
    ·April 1, 2011,Jereh Frac units paticipated in the first horizental fracturing of shale gas well successfully in Sichuan, China. During the operation, Jereh's units performanced smooth and stable, the fuel efficiency and emission were proved better than others that used in the fracturing operation. As the fracturing equipments supplier, Jereh will go down in Chinese history of shale gas development.
    ·March 22-24, 2011,Jereh Group attended the 11th China International Petroleum & Petrochemical Technology and Equipment Exhibition and exhibited its newly developed superior oilfield equipments and technologies to the visitors from the world.
    ·March 20, 2011,Jereh Group increased capital to American Jereh International Corporation to expand the manufacturing facilities in Houston, USA so that to strengthen the engineering, manufacturing and servicing capabilities in N. A.
    ·February 15, 2011,Yantai Jereh Oilfield Services Group Co., Ltd is awarded the first batch of " Enterprise Model of Company Culture Construction ".
    ·February 10, 2011,Yantai Jereh Oilfield Services Group Co., Ltd. was honored the "Key Star Enterprise" of Yantai in 2010. The Board Chairman Mr. Sun Weijie was honored "Advanced Individual of Integrated Enterprise Assessment".
    ·February 9, 2011,The Laishan district committee and government honored Mr. Sun Weijie the "Great Contribution Award" and call for all entities in Laishan District to learn the experiences from Jereh Group.
    ·January 22, 2011,Jereh LGT450 large-sized coiled tubing unit successfully reached the horizontal section at a depth of 5,974m in Tarim oilfield, Xinjiang in northwest China. This is the first application of the large-size, long-length and high-strength coiled tubing acidizing operation carried out in Tarim oilfield.This proves that Jereh coiled tubing units can perform successfully and reliably in the harsh oilfield environment.
    ·January 10, 2011,The Jereh Group Ranked in the Top 8 of the Forbes 2011 Up-and-Coming Companies in China, and ranks the highest among the oilfield equipment manufacturers and stands out in this field for its fast development and great potential for further development.
    ·December 1, 2010,Yantai Jereh Oilfield Services Group Co., Ltd. is honored key high-tech enterprise in the State Torch Plan by the Ministry of Science and Technology of the People Republic of China.
    ·November 2, 2010,Yantai Jereh Petroleum Equipment & Technologies Co., Ltd. obtained the ISO14001 and GB/T28001 Certifications for management of environment,cccupational health and safety.
    ·July 12, 2010,The LGT450 large-size coiled tubing unit wholly developed by Jereh successfully completed a coiled tubing towed acidizing operation on Xinken-7 well in Tarim oilfield. The 6010m down hole depth created a world record of large size coiled tubing unit operation.
    ·July 9, 2010,Li Keqiang, the member of Standing Committee of the Political Bureau of the Central Committee and Vice-premier of State Council visited Jereh accompanied by Jiang Yikang, Secretary of Shandong Provincial Party Committee and Sun Yongchun, Secretary of Yantai Municipal Party Committee. Li Keqiang highly recognized Jereh’s active participation in developing international market and promoting technology upgrading. He also expressed the wishes that Jereh could compete in global market, gain more market share with high quality product and make more contributions to the development of the nation's petroleum industry.
    ·June 2010,Three of Jereh products including ZJQ208 grinding & slurring skid, FS1000-21 long-range automatic control ocean sand control skid and cutting re-injection package are listed in 2010 State Torque Plan, State Keystone New Product, Shandong Key Self-innovated Product Transition. This indicates that Jereh’s products research & development has developed to a new stage.
    ·May 21, 2010,Yantai Jereh Oilfield Services Group Co., Ltd. organized the 2009 General Meeting of Jereh Shareholders in Ramada Plaza. Being hosted by Board Chairman Mr. Sun Weijie, this conference also declares the first presence of Board Committee, Supervisory Committee and senior management of the company since Jereh became public. The Board Committee reported 2009 annual work to the conference, wherein 2009 Board Committee Work Report, 2009 Supervisory Committee Work Report, 2009 Independent Director Activities Report, and 2009 Profit Allocation Proposal were reviewed and approved.
    ·May 13, 2010,Mr. Wang Gang, the member of the Politburo of the CPC Central Committee and the vice chairman of CPPCC National Committee, led the inspection delegation of the standing national committee of CPPCC visited Jereh Group. Mr. Sun Weijie, the Board Chairman of Jereh Group introduced the profile, development planning, market share and product developing orientation of Jereh to Mr. Wang Gang and the delegation. Mr. Wang Gang gave highly recognition to Jereh's policy to enhance the products' competitive strength in the world market.
    ·March 31, 2010,Laishan District held the Industrial Economy Observation and Emulation Conference at Jereh facility. Mr. Sun Weijie, the Board Chairman of Jereh Group made the speech and Mr. Duan Dawei, the chief secretary of Laishan government highly praised Mr. Sun Weijie and Jereh Group.
    ·March 22-24, 2010,Jereh Group attended the 10th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE 2010), with the 500m2 magnificent exhibiting booth and advanced products, Jereh became the star of the conference that attracted most visitors. By this conference, Jereh exhibited the mature and advanced Direct Fired Nitrogen Pumper, Fracturing Unit, Double Pump Cementing Truck, Hot Oil Unit, Multi-functional Mixing Truck and independently developed Control System with Jereh’s patent. These products were the state-of-the-art of oilfield equipments and highly praised by the visitors from the world.
    ·February 22, 2010,Jereh Group was awarded the Title of "2009 Yantai Backbone Star Enterprise".
    ·February 05, 2010,Common RMB stock of Yantai Jereh Oilfield Services Group Co., Ltd. was launched in Shenzhen Stock Exchange, the stock name is "Jereh Stock" and stock code is "002353".
  • New Journey (2008-2009) → Click
  • ·July 12, 2010,The LGT450 large-size coiled tubing unit wholly developed by Jereh successfully completed a coiled tubing towed acidizing operation on Xinken-7 well in Tarim oilfield. The 6010m down hole depth created a world record of large size coiled tubing unit operation.
    ·July 9, 2010,Li Keqiang, the member of Standing Committee of the Political Bureau of the Central Committee and Vice-premier of State Council visited Jereh accompanied by Jiang Yikang, Secretary of Shandong Provincial Party Committee and Sun Yongchun, Secretary of Yantai Municipal Party Committee. Li Keqiang highly recognized Jereh’s active participation in developing international market and promoting technology upgrading. He also expressed the wishes that Jereh could compete in global market, gain more market share with high quality product and make more contributions to the development of the nation's petroleum industry.
    ·June 2010,Three of Jereh products including ZJQ208 grinding & slurring skid, FS1000-21 long-range automatic control ocean sand control skid and cutting re-injection package are listed in 2010 State Torque Plan, State Keystone New Product, Shandong Key Self-innovated Product Transition. This indicates that Jereh’s products research & development has developed to a new stage.
    ·May 21, 2010,Yantai Jereh Oilfield Services Group Co., Ltd. organized the 2009 General Meeting of Jereh Shareholders in Ramada Plaza. Being hosted by Board Chairman Mr. Sun Weijie, this conference also declares the first presence of Board Committee, Supervisory Committee and senior management of the company since Jereh became public. The Board Committee reported 2009 annual work to the conference, wherein 2009 Board Committee Work Report, 2009 Supervisory Committee Work Report, 2009 Independent Director Activities Report, and 2009 Profit Allocation Proposal were reviewed and approved.
    ·May 13, 2010,Mr. Wang Gang, the member of the Politburo of the CPC Central Committee and the vice chairman of CPPCC National Committee, led the inspection delegation of the standing national committee of CPPCC visited Jereh Group. Mr. Sun Weijie, the Board Chairman of Jereh Group introduced the profile, development planning, market share and product developing orientation of Jereh to Mr. Wang Gang and the delegation. Mr. Wang Gang gave highly recognition to Jereh's policy to enhance the products' competitive strength in the world market.
    ·March 31, 2010,Laishan District held the Industrial Economy Observation and Emulation Conference at Jereh facility. Mr. Sun Weijie, the Board Chairman of Jereh Group made the speech and Mr. Duan Dawei, the chief secretary of Laishan government highly praised Mr. Sun Weijie and Jereh Group.
    ·March 22-24, 2010,Jereh Group attended the 10th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE 2010), with the 500m2 magnificent exhibiting booth and advanced products, Jereh became the star of the conference that attracted most visitors. By this conference, Jereh exhibited the mature and advanced Direct Fired Nitrogen Pumper, Fracturing Unit, Double Pump Cementing Truck, Hot Oil Unit, Multi-functional Mixing Truck and independently developed Control System with Jereh’s patent. These products were the state-of-the-art of oilfield equipments and highly praised by the visitors from the world.
    ·February 22, 2010,Jereh Group was awarded the Title of "2009 Yantai Backbone Star Enterprise".
    ·February 05, 2010,Common RMB stock of Yantai Jereh Oilfield Services Group Co., Ltd. was launched in Shenzhen Stock Exchange, the stock name is "Jereh Stock" and stock code is "002353".
    ·December 25, 2009,Mr. Sun Weijie, the Board Chairman of Jereh Group, was awarded the title of "Laishan District Top Ten Outstanding Model" by the CPC Yantai Laishan District Party Committee and Yantai Laishan District Government. This was the first time for Laishan District to commend outstanding models who had achieved outstanding results and made significant contributions to the economic social development since its foundation in 1994.
    ·December 17, 2009,Yantai Jereh Oilfield Services Group Co., Ltd. was awarded the honorary title of "Advanced Private Enterprise" by Shandong Provincial Government, a total of 11 enterprises obtained the honor in our city. These awarded private enterprises' growth rate of main economic indexes in 2008-2009, such as corporate total assets, owner's equity, operating income, total profits and paid taxes, was at leading positions in the their own industry within the province.
    ·December 05, 2009,The CPC Yantai Laishan District Party Committee and Yantai Laishan District Government carried out the activities to learn from Jereh Group and Mr. Sun Weijie in local district. The District Party Committee and District Government called on all local enterprises to study Jereh's spirit of exploitation and innovation, Jereh's execution persistence of aiming for the best in the industry and Jereh's business philosophy of advocating core value as the competence of an enterprise. Meanwhile, it is stressed that Jereh's growth offers the good reference to boom the enterprise scale and enhance the capabilities of local industry.
    ·November 26, 2009,Mr. Zhang Jiangting, Mayor of Yantai City, and Mr. Cai Guohua, Deputy Mayor of Yantai City, arrived at Jereh Industrial Park for inspection. Mayor Zhang Jiangting communicated with Mr. Sun Weijie, the Board Chairman of Jereh Group, on the research, development and manufacture of offshore petroleum equipment, and spoke highly of Jereh's practice of independent innovation on oilfield equipments by mastering core technology.
    ·September 24, 2009,The United Front Work Department of CPC Shandong Provincial Party Committee held the Praising Conference in Jinan city to honor the Shandong outstanding builders who contribute to enhance the social progress with Chinese Characteristics.  Mr. Sun Weijie, the Board Chairman of Jereh Group, was awarded the Medal of "Shandong Outstanding Builders", and received Honorary Certificates issued by the Conference.
    ·September 10, 2009,Yantai Jereh Compression Equipment Co., Ltd. was incorporated, which is a high-tech enterprise engaged in research and development, manufacturing and sales of natural gas compression and transportation equipment, and assembly of centrifugal compressor.
    ·August 31, 2009,The Allison transmission China distributorship authorization ceremony for Jereh was held in Yantai international exhibition center on August 31st. Since then Jereh Oilfield Services Group Co., Ltd has become the master distributor of Allison transmission in China.
    ·July 09, 2009,A 18-member of research delegate of Economic Committee of the CPPCC, led by Mr. Zhang Zhigang, vice director of the committee visited Jereh.
    ·June 24, 2009,Yantai Jereh Import & Export Co., Ltd. changed its name to Jereh Drilltech.
    ·June 10, 2009,Mr. Sun Yongchun, Secretary of Yantai City, and Mr. Zhang Jiangting, Mayor of Yantai City, led the Book Club Observation Delegation composed of more than 200 members leading cadres to visit Jereh Industrial Park for inspection and guidance. Secretary Sun Yongchun, and Mayor Zhang Jiangting, spoke highly of the achievements gained by Jereh in the oilfield equipment and energy engineering services, at the same time expect Jereh to consolidate advantages, catch hold of opportunities, speed up the development, become bigger and stronger, and make greater contributions to the industry progress and local economy development.
    ·May 08, 2009,Mr.Chen Zongxing, the vice chairman of China State Congress, visited Jereh. After having been reported by Mr. Sun Weijie, the board chairman of Jereh Group, on the history and current status of Jereh, Mr. Chen Zongxing highly approved the whole growing course of successfully participating in the domestic and oversea market for top level oilfield equipment by actively acquiring core techniques, innovation, learning from others.
    ·April 20, 2009,Yantai Jereh Machinery Equipment Co., Ltd. was incorporated.
    ·April 15, 2009,Yantai Ruizhi Software Co., Ltd. was incorporated and is engaged in development and sales of PC software, technical consulting, technology transfer and technical services.
    ·March 19-21, 2009,Yantai Jereh Group participated in the Ninth China International Petroleum and Petro-Chemistry Technology and Equipment Exhibition held in Beijing. The number of participating personnel, the area of exhibition position, the exhibition table's design, and the exhibition planning had created Jereh's history. Jereh's six models products were displayed - Single Pump Cementing Truck, Twin Pump Cementing Truck, Instrument Van, Truck Mounted Sand Blender, Trailer Mounted Coiled Tubing Unit, and Truck Mounted Liquid Nitrogen Unit. Jereh aims at on high-quality products and high level corporate image display, did not only increased the overall level of the Petroleum Exhibition, but also improved Jereh's well-known in the industry.
    ·February 01, 2009,Mr.Sun Weijie, the Board Chairman of Jereh Group, regained the Achievement Prize for Prospering the Economy of Laishan District. In 2008, Jereh Group paid 51.34 million yuan of state taxes and fees, which ranked the first in industry enterprises of Laishan District. The Prizes were awarded by Laishan Party Committee and Laishan Municipal Government to enterprises'legal representatives who made outstanding contributions to the economic development of Laishan District in 2008.
    ·January 20, 2009,Yantai Jereh Group awarded cars to 16 excellent employees with outstanding performance. In future, Jereh Group will select no more than 20 excellent employees for car prizes every year, which shows Jereh's corporate culture of "to pay, to gain".
    ·December 05, 2008,through the ratification and checkup by specialists of Shandong Province High and New Enterprises Cognizance and Administration Office, the financial affairs and taxes audit, and the national publicity and register procedures, Yantai Jereh Petroleum Equipment & Technologies Co., Ltd. was officially included in Shandong Province's first listing of publicly shown as the High and New Technology Enterprises and obtained the certificate.
    ·September 21, 2008,Shandong Province Science and Technology Bureau hosted and held a Production Identification Conference for "auto acid-mix skids"and "auto control continuous batch-mixing skids", which were developed and completed by Yantai Jereh Petroleum Equipment & Technologies Co., Ltd. on its independent research and development. This Production Identification Conference was another gratifying result after Jereh's "offshore remote auto control sand control skids spread" passed the identification.
    ·August 25, 2008,Jereh's Repairing service Base in Wushenqi, Inner Mongolia, had been completed formally and put into operation. The foundation of the base has greatly enhanced the feedback capability of Jereh's repair and technical services, and marks another new great improvement of Jereh's repairing and technical services business.
    ·August 25, 2008,The first CRI Unit of China was developed and successfully completed in Yantai Jereh Oilfield Services Co., Ltd. on Aug 25th, 2008. Jereh is the first domestic OEM who can supply the whole CRI services as well as CRI Unit and Data Acquisition System.
    ·July 10, 2008,Mr. Junmin Wang, Vice Governor of Shandong Province, arrived at Jereh industrial park to conduct inspection, accompanied by Mr. Dejun Hao, Deputy Mayor of Yantai and Mr. Dawei Duan, Secretariat of Party Committee in Lanshan District.
    ·June 05, 2008,Model JR5232TSN and Model JR5233TSN cementing trucks built by Jereh passed the CCC Certification and obtained the certificates.
    ·May 18, 2008,Science and Technology Office of Shandong Province called for the Products Appraisal Conference of the Shandong Province's scientific and technological project "FS1000-21 offshore remote auto control sand control skids spread", which was taken on by Yantai Jereh Petroleum Equipment & Technologies Co., Ltd. The approval evaluation of the project shows Jereh has achieved the good start for continuous researching and developing new products.
    ·April 28, 2008,Yantai Municipal Government had called for the Honor Conference of City's Labor Models, and the Board Chairman Weijie Sun was awarded the "Labor Model".
    ·March 24, 2008,newly designed Fracturing Manifold truck #JR5200TYG, manufactured by Jereh Petroleum Equipment & Technologies Co., Ltd., was approved by National Development and Reform Commission in public, and was formally published in the No. 162 bulletin (No. 22 of 2008).
    ·February 25, 2008,Yantai Municipal CCP Committee and People's Government called for the municipal private economic conference to award the 100 top private companies, and Yantai Jereh was ranked the 27th in the list.
    ·January 22, 2008,Yantai General Unions held the honor ceremony to praise the enterprises with harmonious labor relations, Yantai Jereh was awarded the"AAA-Class harmonious labor relations enterprise".
  • Eager to progress (2006-2007) → Click
  • ·December 7, 2007, The students of China University of Petroleum who were awarded the "Jereh Scholarship" paid visit to Jereh facility lead by the Deputy Secretary of Petroleum Engineering Institute, which enhanced the students' understanding to Jereh and build good foundation for further cooperation of two parties.
    ·November 22, 2007,Approved by the industrial and commercial bureau, Yantai Jereh Equipment Group Co., Ltd. was renamed by Yantai Jereh Oilfield Services Group Co., Ltd. officially, which engages in fabricating, assembling, marketing and repairing of cementing and fracturing equipments; the repairing, servicing and parts supply of oilfield, mine and industry special equipments.
    ·November 2007, In the meeting of development of small and medium enterprises held by the People’s government of Shandong province, Jereh was awarded the title of "Shandong Outstanding Small and Medium Enterprise".
    ·October 2007, Jereh opened the online training system to the staff. This platform consists of training and examination systems and covers every position and business procedure, from which the staff could select the suited courses according to their development strategies and current levels for self-study.
    ·September 19, 2007,Yantai Jereh Equipment Group Co., Ltd. was approved as “2007 Key High-Tech Enterprise of the State” by the Science & Technology Ministry of China.
    ·August 17, 2007,Jereh’s newly produced cementing truck #JR5231TSN was approved by National Development and Reform Commission in public and was formally published in its website on September 19, 2007.
    ·August 3, 2007,Yantai Jereh was listed in “Shandong Growing Small & Medium Enterprises (the first lot)” and “Modes of Small and Medium Enterprises Informationization” by Small & Medium Enterprise Bureau of Shandong province.
    ·July 9, 2007, Jereh had successfully commissioning the self designed and manufactured automatic acid mix skid, which enhanced Jereh’s abilities in automatic controlling and designing of acid mix skid.
    · June 11, 2007, Jereh’s #JR5230TSN17 cementing trucks obtained the CCC approved by China Quality Certification Centre.
    ·April 10, 2007,Jereh was awarded the title of “2006 Top 100 Private Enterprises” by the Municipal CCP Committee and People’s Government of Yantai.
    ·April 3, 2007,Jereh exhibited the self developed equipments in the 7th China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE), which had enhanced Jereh’s reputation among the industry.
    ·March 2007,Jereh implemented the HSE management system to secure the employees’ safety, the social responsibility and company’s assets.
    ·February 2007,Being paid 10 million Yuan RMB, Jereh was ranked the 9th amongst the enterprises in Laishan district.
    ·January 19, 2007,Ereh obtained the qualification of vehicle manufacture and was listed as newly added enterprise by the National Development and Reform Commission. The first cementing truck #JR5230TSN17 was approved by the National Development and Reform Commission in public.
    ·February 2007, Jereh set up the “Jereh Scholarship” at the China University of Petroleum to support the educational development of the university.
    ·October 16, 2006, Yantai Jereh Equipment Group Co., Ltd passed the authentication of API Q1, ISO9000, ISO/TS29001, indicating an upgrade on company management.
    ·September 1, 2006,Mr. Qin Haojie, the vice president of Yantai Jereh group, made a speech titled” enterprise’ leap in the construction of informatization ” on the meeting for the promotion of informatization held in Yantai network communication company.
    ·August 22, 2006 A group of municipal officials and district officials , leaded by deputy mayor Mr.Liu Xiaojie, come to Yantai Jereh for a visit.
    ·February 23, 2006, On the meeting of year end summary and commending meeting for 2005 held by Laishan government, Yantai Jereh Group continue to enjoy the title of Laishan star enterprise, enterprise with grade A credit on tax paying. In addition, Yantai Jereh Group is granted the title of enterprise of safety production, etc.
  • Multiple developing (2004-2005) → Click
  • ·October, 2005,Yantai Jereh Equipment Group Co., Ltd formally become a member of first class supplier network for prospecting and developing equipment of CNPC.
    ·May 10, 2005,Yantai mayor Mr ZhouQi visited Jereh Group.
    ·January 8, 2005,Jereh Group pushed 5S-management for effective working. Jereh retained the compleat trainer to train her people how to effectively work on site. The slogan of the train is “to do from each particular, to persist on improving, to creat prosperous tomorrow”.
    On Dec 11th, 2004, Jereh group became the member of China business association petroleum commerce chamber. The chairman of Jereh Group, Mr Sun weijie presented the press conference held in Peoples’Great Hall in Beijing. CCTV channel 2 reported this on night . Jereh was the only enterprise to be reported and shown on TV.
    ·September 15, 2004,Yantai Jereh Equipment Co., Ltd. renamed as Yantai Jereh Equipment Group Co., Ltd., and Yantai Jereh Group was registered.
    ·May, 2005,The oilfield special equipemnt, JCPS33-05 cementing skid was delivered to CNOOC. Jereh created one miracle to finish the whole production within 1 month.
    ·April, 2004, Jereh Group came into existence. On same month, Jereh was awarded the title of “personnel supervising advanced collectivity” by Yantai municipal government. Jereh was the only one to get the honor in Laishan district Yantai city.
  • Strategic cooperation (2002-2004) → Click
  • ·December, 2003, Jereh established the cooperation with ALEMITE and promoted its products as authorized distributor of China.
    ·August, 2003,Parker Hannifin awarded Jereh as its authorised distributor for hydraulics products.
    ·July, 2003,Jereh cementing skid was put into operation in the dilling rig in South China Sea, which is the first large oilfield equipment manufactured by Jereh.
    ·May, 2003,Jereh became the sole agent of Viatran, the famous leading manufacture on transmitter products.
    ·April, 2003,Jereh successfully held “ National Mining Equipment Operation & Maintenance Seminar”. Which provided the direct communication platform to both end users and manufactures.
    ·December, 2002,Jereh setup the partner relationship with Rexroth Bosh Group, to promote it’s pneumatic products on oilfields.
  • Historic transition (2000-2002) → Click
  • ·August, 2002, Jereh successfully held “ Kenworth truck technical Seminar”.
    ·June, 2002,Jereh became the sales representive of Paccar International, and started its international cooperation.
    ·May, 2002,Yantai Jereh Equipment Co, Ltd. set up the Production and R & D department dedicated in research and development of oilfield cement and fracture equipment, which built the foundation for the establishment of Yantai Jereh Equipment & Technologies Co., Ltd. in 2004.
    ·2001,Jereh’s turnover and profit increased by 300%, and formed the scheme of company culture.
    ·May, 2001,Jereh successfully rebulit the RR1500frac pump truck for Qinghai Oilfield. The success of this tough task greatly enhanced Jereh’s credit on oilfield maintenance.
    ·Early of 2001,Jereh became the famous supplier for oilfield equipment spare parts.
    ·July, 2000,Jereh started involving the oilfield business.
  • Initial business (1993-2000) → Click
  • ·2000,Jereh became the spare parts supplier of mining equipment with good credit.
    ·December, 1999,Yantai Jereh Equipment Company was registered.
    ·January, 1997, Yantai Jinri OMY Construction Equipment Co., Ltd was founded by Mr. Sun Weijie, Mr. Liu Zhenfeng and Mr. Wang Kunxiao. The busienss was involved in sales of imported construction machinery spare parts.
    ·End of 1993,Mr Sun weijie, the current chairman of Jereh Group, resigned his job at Yantai training Center of Shandong Gold Group, and contracted with Yantai Gold Industry Developing Company and started business of supplying imported spare parts for mining equipment.
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