Haimo Technologies Group (300084) Stock Overview

Haimo Technologies Group Corp. manufactures and sells oilfield equipment and instruments for oilfield service companies in China, the Middle East, North Africa, Central, South and Southeast Asia, and North and South America. It offers multiphase flow meters, spool piece multiphase flow meters, exempted source SP multiphase flow meters, exempted source water cut meters, subsea multiphase flow meters, wet gas meters, water cut meters, bulk multiphase flow meters, high performance and low production testers, and mobile well testing and production measurement services. The company also provides fluid end assemblies for fracking; accessories, including joints, valves, and valve seating products; ball injectors; and high-pressure fluid components and manifolds. In addition, it offers environmental protection equipment and services, such as flow-back water treatment devices, skid-mounted integrated oil field-produced water treatment, and drilling mud zero discharge treatment services. Further, the company provides integrated production optimization services, as well as value-added services, including data validation and cleansing, well-testing verification and optimization, intelligent allocation, water injection optimization, real-time well monitoring and alarm systems, and production analysis and enhancement consultation services. Additionally, it is involved in the oil and gas exploration, development, and production activities and shale oil and gas development; and provision of oilfield intelligent enhanced oil recovery system, open-hole logging service and product, production logging and well testing product and services, and oilfield special vehicles. The company was formerly known as Lanzhou Haimo Technologies Co., Ltd. and changed its name to Haimo Technologies Group Corp. in November 2016. Haimo Technologies Group Corp. was founded in 1994 and is based in Lanzhou, China.