Beijing ShiGongZhiKong Technology Co., Ltd. (hereinafter referred to as "ShiGongZhiKong") was established in July 2023 to implement Sinopec Group's "Science and Technology Reform Initiative" requirements. Adhering to the "dual-drive" strategy of market-oriented reform and enhanced independent innovation capabilities, with capital fueling innovation and technology empowering industries, the company was approved by Sinopec Group and jointly established by Sinopec Research Institute of Petroleum Engineering Co., Ltd., Sinopec Matrix Corporation,  and Enze Haihe (Tianjin) Equity Investment Fund as technology incubator company.

The company's business scope includes: technical services, technology development, technical consulting, technology exchange, technology transfer, technology promotion; petroleum drilling and production equipment manufacturing; petroleum drilling and production equipment sales; oil and natural gas technical services; engineering and technology research and experimental development; mechanical equipment leasing; mechanical equipment sales; electronic and mechanical equipment maintenance (excluding special equipment); mechanical parts and components sales; instrument and meter repair; instrument and meter sales; technology import and export; smart instrument and meter sales; geological exploration technical services; new material technology promotion services; and sales of geological exploration and seismic specialized instruments.

ShiGongZhiKong maintains a market-oriented approach with products as its core. Through continuous technological innovation and R&D efforts, the company has successfully developed a range of autonomous measurement while drilling products with independent intellectual property rights, including Near-bit gamma imaging system, High-temperature MWD, Slim-hole MWD, EM-MWD and RSS. To optimize industrial layout, the company has established intelligent manufacturing base in Beijing and maintenance centers in Deyang of Sichuan Province, and Jincheng of Shanxi Province.

ShiGongZhiKong is committed to independent core technologies and market-oriented products and services. Upholding the research ethos of "Truth-seeking, Open, Embrace, Collaborate" and the core values of "Innovation, Creation, Efficiency, Excellence" , the company continuously breaks new ground and strives to become a leading international supplier for oil and gas exploration and development.