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Construct a new development paradigm with new development concept
COSL Won the China Business Top 100 Awards 2020
Time:2020-12-02 Size:[ Large Medium Small ]

The 20th China Business Top 100 Listed Companies Summit was held in Beijing recently. China Oilfield Services Limited (COSL) was presented with the “China Business Top 100 Awards 2020”.

This honor represents the recognition of the industry and capital market to the development status and future prospects of COSL. The list of “Top 100 Listed Companies in China” has been released by Wharton Institute of Economic Research for the past 20 years since 2001.  The indicators of valuation not only reflect the scale of listed companies, but also the profitability and development potential of them, encourage them to strive for brilliance, eminence and excellence.

COSL has been steadfastly implementing the new development concept of innovating, harmonizing, green, opening and sharing, while insisting on the technological and international development strategy. COSL continues to create comprehensive profitability and adheres to fulfill the corporate social responsibility, ensuring the company to achieve sustainable and high-quality development.

Facing with multiple pressures such as macroeconomic downturn and the drop in international oil prices, COSL actively constructs a new development paradigm, adopts multiple measures to reduce costs and increase efficiency, and accelerates the industrial application of its own technology and equipment to continuously improve its core competitiveness. COSL implements a technical mechanism thoroughly, continues to improve technical research system and to enhance the ability to develop innovative techniques, so as to make great efforts to the increasing productivity of domestic oil gas storage and ensuring energy safety in China, and strive to become a leading international oilfield services company with Chinese characteristics.