Capital Structure

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Working Capital

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Business
Zhejiang Renzhi Co., Ltd. provides professional services in the oil and gas drilling and engineering fields primarily in China. The company is involved in the development, production, and sale of oilfield chemicals, as well as engages in development, production, sale, and import and export trade of new materials. It offers oil and gas field technical services, including drilling fluid technical services; anti-corrosion engineering technical services; oil and gas field special equipment testing and maintenance services. In addition, the company develops electronic, biotechnology, and energy technology; offers consulting services. Further, it is involved in research, development, and sale of computer software and hardware, decoration materials, metals, raw materials, and products, electromechanical equipment, wires and cables, rubber and plastic products, household appliances, lighting equipment, clothing, shoes, and hats, agricultural products, auto parts, jewelry, fuel oil, electronic and mechanical equipment, needle textiles, office supplies, and foods related products. Additionally, the company engages in marketing planning, warehousing services, landscaping and building project related services, as well as involved in integrated circuits, investment, circuit business. Furthermore, it offers coal and other minerals. Zhejiang Renzhi Co., Ltd. was incorporated in 2006 and is based in Shenzhen, China. The company operates as a subsidiary of Pingda New Material Co., Ltd.