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Zhejiang Renzhi Co 002629.SZ · CNY

Energy · Shenzhen · 🇨🇳 China

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3.65

-1.88%

Close of 9 Nov 2026, in CNY

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About Zhejiang Renzhi Co

Its shares trade on Shenzhen under the ticker 002629.SZ. It has been listed since 3 November 2011. In the fiscal year to 31 December 2025, it reported revenue of CN¥293.8m and net income of CN¥9.4m. At that date it held total assets of CN¥396.8m and shareholders' equity of CN¥66.8m.

Zhejiang Renzhi Co., Ltd. engages in the technology research and development, program design, and service provision of oilfield technical services. The company is headquartered in Shenzhen, Guangdong. The company went IPO on 2011-11-03. The firm mainly provides drilling fluid technical services, including drilling fluid deployment, circulation operation and recycling services; oil and gas field environmental protection technical services, including oil and gas field wastewater treatment, waste mud treatment and drilling sewage treatment technology services; underground operation technical services, including underground technical services, production increasing technical services, downhole tools and well completion technical services. The firm is also engaged in the development, production and sales of oilfield chemicals and functional new materials. The firm mainly operates its businesses in the Mainland of China.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Energy Equipment & Services
Listed since
3 Nov 2011
Employees
130

Leadership

Pay as last reported

  • Mr. Zhaoliang LiangActing Chairman of the Board, Vice Chairman, since 2020
  • Mr. Xi ChenPresident
  • Mr. Yong HuangChief Financial Officer
  • Ms. Jing WangVice President, Secretary of the Board
  • Mr. Qing ChiDirector, since 2016CN¥660,500
  • Ms. Huan JinDirectorCN¥42,000
  • Mr. Ming'an GuIndependent DirectorCN¥60,000
  • Mr. Dachuan LiangIndependent DirectorCN¥60,000
  • Mr. Wanxiang LinIndependent DirectorCN¥60,000
  • Mr. Shenjun WuIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Zhejiang Renzhi Co Ltd employs 130 full-time employees in Shenzhen for oilfield technical services.
  • The company provides drilling fluid deployment and recycling services in Mainland China.
  • Zhejiang Renzhi develops and sells oilfield chemicals and functional new materials domestically.

Weaknesses

  • Zhejiang Renzhi has limited operations solely within Mainland China.
  • The company's business is concentrated on oilfield technical services without diversification.
  • Zhejiang Renzhi's IPO was in 2011, indicating limited recent market expansion.

Opportunities

  • Zhejiang Renzhi can expand oilfield chemical sales into new domestic markets.
  • The firm may grow its environmental protection services for oil and gas fields in China.
  • Zhejiang Renzhi could increase production of functional new materials for domestic use.

Threats

  • Zhejiang Renzhi faces competition from other oilfield service providers in Mainland China.
  • The company's reliance on oilfield services makes it vulnerable to industry downturns.
  • Zhejiang Renzhi has no international presence to mitigate regional risks.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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