On February 14, Glonhui reported that Northeast Securities' Research Reports indicated that Yantai Jereh Oilfield Services Group (002353.SZ) continues to benefit from the accelerated development of domestic Shale Gas and the expansion of overseas Oil & Gas capital expenditures, maintaining a growth trend in performance, with a projected CAGR of revenue and Net income from 2019 to 2023 at 19.05% and 15.89%, respectively. The current support for oil prices is expected to be in the range of $65-70 per barrel, with ongoing increases in Global upstream capital; the company is likely to benefit from mid to high oil prices, while the impact of oil prices gradually diminishes, enhancing performance stability. The overseas oil service market is nine times the size of the domestic market, and the company has a comprehensive layout in overseas markets such as Central Asia, the Middle East, North America, and South America. Among them, the KOC project in the Middle East has set a benchmark that helps the company frequently secure Ls, and it is expected to continue benefiting from the development of the Middle East Oil & Gas market, with an increase in market share driving growth. The North American market is expected to benefit from the replacement of existing fracturing equipment. The company's electric-driven fracturing equipment is superior to local manufacturers, and it is likely to continue deepening its layout in the North American market leveraging the trend of electric-driven replacements. The company maintains a "Shareholding" rating.