The Ministry of Science and Technology recently released the list of the third batch of innovative companies, and Nanyang No.2 Petroleum Equipment (Group) Co., Ltd. was short-listed. In 2009, Nanyang No.2 Machine Group was identified as a national innovative pilot company. In recent years, the Group has developed a total of 75 new product developments, 22 scientific and technological progress awards above the provincial or ministerial level, 176 patents authorized, and 48 national and industry standards. The Group also owns the only national-level enterprise technology center in the industry. It has academicians workstations, post-doctoral research workstations, and national oil vehicle equipment standardization and other research institutions.

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