Main activities: 1) provide natural equipment and offshore engineering technical support services to customers of the oil and natural industry, including heavy marine equipment manufacturing, offshore oil engineering technical support services, oil tanker equipment construction and oil processing equipment manufacturing, and undersea equipment manufacturing. 2) to provide engineering contracting and technical services to shipbuilding industry customers, including well ship leg construction, electrical installation test, oil tank special types, well ship maintenance, etc.

In the first half of 2013, the company carried out the research and development of a new type of high-efficiency oil hydraulic processing equipment, and successfully applied the scientific research results to related projects, which effectively reduced the cost compared with the same type of products abroad, so that the collection can be maintained in advance and avoid low-end marketing with the same industry. In addition, during the period, we will actively strengthen the development of overseas markets, and in the first half of this year, we will set up financial institutions in the Americas and the South Asian region, so as to win opportunities for relevant market transactions.

In the six months ended June 30, 2013, the annual growth rate of collective income during the period was 51.3% to 371 million yuan, mainly due to the continuous increase in the income from the construction of oil and gas equipment and equipment processing equipment which focus on the development of oil and gas plants. The gross profit during the period increased from 55.981 million yuan in the same period in 2012 to 104 million yuan, an increase of 85.7%. The gross profit margin for the period increased to 28% from 22.8% in the same period last year. The profit attributable to shares in the mid-term market increased by 51% year-on-year to 30.364 million yuan.

During the period, the income from the operation of oil and gas equipment and the handling of equipment manufacturing services increased by 80.7% year-on-year to 307 million yuan, accounting for 83% of the total income. The income from providing technical support services to the shipbuilding industry decreased by 27.15% year-on-year to 21.694 million yuan, accounting for 6% of the total income. Revenue from the provision of offshore oil and natural gas production technology and support services and the sale of equipment and materials services also recorded a year-on-year decline of 7.83% to 41.602 million yuan, accounting for 11% of the total income.

Giant stocks have been in the process of consolidation since they fell from high levels in June, and made a breakthrough at the end of November and recently consolidated around 1.6 yuan. it is expected that the future market will pick up a level of more than 1.8 yuan and set the target at 1.82 yuan. it is recommended that it be set at 1.58 yuan. If the stock market is not as expected and falls below the 1.45 yuan level, it needs to be stopped.