(February 21, 2022) Recently, two Hilong projects were recognized and made part of the first batch for the Shanghai High-tech Achievement Transformation Project in 2022. They were the "HL120S high steel grade sulfur-resistant drill pipe" from Shanghai Hilong Oil Drilling Tools Co., Ltd. and "HL-EXXJ-01 wheeled explosion-proof inspection robot" from Hilong Petroleum Group (Shanghai) Information Technology Co., Ltd. This brings Hilong's total number of identified High-tech Achievement Transformation Projects to 29.

The Hilong HL120S high-grade sulfur-resistant drill pipe is characterized by its high strength, high toughness and high resistance to hydrogen sulfide stress corrosion. Compared with the existing 105SS sulfur-resistant drill pipes of the same specification, the bearing capacity has been increased by 14%. It will provide better performance in complex working conditions like deep and ultra-deep wells as well as large-reach horizontal wells in hydrogen sulfide-containing environments. This type of drill pipe is an urgently needed product for domestic and foreign complex sulfur-containing wells. The project innovatively solves problems related to material chemical composition design, heat treatment process and scale production technology. It also has achieved the first breakthrough of this type of technology in China. The successful development of the product is a crucial stepping stone for the Group to enter the broader international high-end market.

The Hilong wheeled explosion-proof inspection robot is a multi-dimensional perception intelligent inspection robot capable of detecting various safety risk anomalies in key facilities in the petrochemical industry. By integrating multi-dimensional perception systems such as radar, video, and laser, and working off of data intelligent analysis and identification technology, the project achieves several functions, including detection and evaluation of production and operation equipment status, abnormal early warning and alarm, and judgment and decision-making. The inspection robot project is a major project for the Hilong Group in the field of information technology. Its key technologies feature many innovative points and cutting-edge technologies associated with artificial intelligence and have been successfully tested in many domestic oilfields.

"Hilong has intensified its technological innovation in recent years. Up to now, a total of 29 projects have been recognized by the Shanghai High-tech Achievement Transformation Project. Several technologies for products and services have reached international advanced and domestic leading positions. These will maintain a dominant position in the market. Looking ahead, Hilong will continue to strengthen its independent innovation capabilities and actively expand the market application for high-tech achievements. It will also promote the technological progress and development of the industry through the implementation of the High-tech Achievement Transformation Project," said Dai Daliang, CEO of Hilong Group.

The Shanghai High-tech Achievement Transformation Project Identification promoted by the Science and Technology Commission of Shanghai Municipality aims to break the barriers of scientific and technological achievements transformation in terms of both funding and talent. Additionally, it aims to boost the core competitiveness of enterprises in innovative research and development, further facilitate the industrialization of scientific and technological achievements, and form a new driving force for the sustained and stable growth of the local economy.

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Hilong Holding Limited published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 02:47:07 UTC.