NEWS

1. Visit and Inspection: Opening a New Chapter in Collaboration

Recently, a delegation of over 30 representatives from Tarim Oilfield Company visited INVT for a site inspection and learning exchange. The purpose of this visit is to strengthen exchanges in the field of energy, actively explore the prospects of cooperation, and inject new vitality into the development of both sides.

As China's largest ultra-deep oil and gas field, the main gas source of west-to-east gas transmission and the primary gas source provider in southern Xinjiang, this action not only reflects the firm determination of enterprises to strengthen win-win cooperation, but also demonstrates its great importance to independent innovation and scientific and technological development. This visit is expected to bring more valuable opportunities for technical cooperation and resource sharing between the two sides.

2. In-Depth Exchange: Exploring Frontiers in Technology

During the visit, the Tarim Oilfield representatives carefully toured INVT exhibition and laboratories, gaining a comprehensive understanding of its innovative solutions across the entire oil production process. They engaged in detailed discussions on various topics, including top-level design for technological planning, lifecycle management of technology projects, the realization of technology innovation and intellectual property value, risk prevention and management, examples of Shenzhen's technology innovation system reforms, and corporate technological achievements.

INVT accomplishments in the oil industry are well-recognized and received high praise from the Tarim Oilfield representatives. For example, in the field of oil drilling, its localized, intelligent, energy-saving and cost-reducing technical solutions have been successfully applied to many major projects at home and abroad. In terms of crude oil extraction, INVT continues to develop and innovate. From speed regulation and energy saving to comprehensive substitution of imported brands, it has provided users with more than 20,000 pumping unit supporting products, and the market share of direct-drive screw pumps is as high as 80%.

3. Intellectual Property: The Cornerstone of Innovation

INVT expertise in intellectual property management also garnered praise from the Tarim Oilfield representatives. Since filing its first design patent in 2005, INVT has submitted 2,122 patent applications, with 1,684 granted. The company has also registered 219 trademarks and secured 289 computer software copyrights, achieving an invention authorization rate of 76% and a patent authorization rate of 91%.

In order to strengthen the internal control and management of intellectual property rights of enterprises, INVT has ensured the effective protection and utilization of intellectual property rights through a series of measures such as the establishment of intellectual property management system, life cycle process management and R&D process management. In addition, the IP Month held in April every year not only motivates employees to actively innovate, but also creates a good culture of innovation.

4. Future Collaboration: Shaping the Energy Blueprint Together

After the event, both parties are enthusiastic about future collaboration. The representative of Tarim Oilfield expressed that this event greatly enhanced the understanding of INVT, laid a solid foundation for subsequent cooperation, and looked forward to introducing advanced technology to further improve the operation level of the oilfield.

Both companies recognize that in today's increasingly competitive global energy market, deepening cooperation and achieving complementary advantages are essential for making new breakthroughs in the energy sector. INVT will provide all-round support for the business development of Tarim Oilfield, and the two sides also plan to explore innovative cooperation models such as joint research and development, pilot application of new technologies, and jointly build a green and sustainable energy industry chain.

Tarim Oilfield, with its critical mission of ensuring national energy security, sees collaboration with high-tech companies like INVT as a key step in responding to national calls and enhancing its competitive edge
Looking forward to the future, both sides are full of confidence. Tarim Oilfield looks forward to improving the level of exploration and development through cooperation to achieve green and sustainable development. INVT will also give full play to its technological advantages and contribute more to the petroleum energy industry. The leaders of both sides unanimously said that this visit is just a good start, and they will continue to deepen cooperation in the future and make greater contributions to the development of the energy industry.