About Shandong Xinchao Energy Corporation Company

The company was founded in 1985 and is an energy enterprise with the exploration, extraction and sale of oil and gas as its core business. The company is headquartered in Beijing. In November 1996, with the approval of the China Securities Regulatory Commission, the company's 14 million public shares were officially listed and traded on the Shanghai Stock Exchange. The company's main business focuses on oil and gas exploration, development and sales, and its oil and gas assets are all located in the Permian Basin in Texas, USA. The main products include oil and gas products. The company's honors include: Xinchao Energy was selected as the vice president unit of the China International Investment Promotion Association in April 2019; Yantai Xinmu Cable Co., Ltd. was rated as a Chinese patent Shandong star enterprise in 2010; Xinmu brand coaxial cable two shielding and four shields were recognized as Shandong famous brand products in 2010; and Xinmu Cable was rated as the 7th Consumer Satisfaction Unit in Shandong Province in 2008.