China Petroleum Technology & Development Corporation (CPTDC), a wholly-owned subsidiary of China National Petroleum Corporation (CNPC), engages in the export of the manufactured petroleum materials and equipment and works as the main supplier of providing materials and equipment for CNPC overseas projects. CPTDC was founded in 1987, and begun to engage in export of manufactured petroleum materials and equipment in 1992. It has supplied its products to 71 countries and regions, with an accumulated contract value up to 17 billion US Dollars by 2011. CPTDC has been listed in China Top 200 Foreign Trade Enterprises for years successively, and it is the largest international supplier for petroleum and petrochemical materials and equipment in China.

CPTDC values the cultivation of core competence. It has formed relatively strong scale & strength and comparative advantages through continuous efforts. With 63 overseas offices strategically located in 49 countries, it has maintained a stable large scale marketing network in Middle Asia-Russia, Africa, America, Middle East and Asian Pacific, etc., and established stable cooperation relationship with over 630 customers, including national oil companies, multinational oil companies and famous service companies. It possesses market development capacity with diversified marketing approaches. Focusing on the requirements of the customers, CPTDC has established the product resource system composed of 600 global superior resources and formed the export pattern with 8 major categories and over 70 kinds of products from upstream to downstream. It also possesses the global sourcing ability, as well as the professional technical support system to provide customized complete solutions covering product package and technical plan. With 14 service centers with functions of maintenance, after-sale services and spare parts supply distributed in North America, Middle Asia and Africa, CPTDC can provide customers with after-seal services, including installation, commissioning, training and operation guarantee. By means of multiple transportation channels for materials and equipment like shipping, land transportation and air freight, it achieved the logistics transport capacity to provide international transport, multi-national transportation and “door to door” service. CPTDC has implemented a complete set of management systems from internal control, legal risks prevention & control, and ERP to financial assets and HSE suitable for international trade development, and it has business operation ability to undertake large scale international projects.

During the “Twelfth-Five Year Plan” period, taking the scientific development as the theme, the acceleration of development approach transformation as the main line and maintaining harmony and stability as the core principle, CPTDC will give priority to increasing market share, improve service assurance ability and international market competitiveness, continuously innovate business development mode, expand business scope and implement management innovation strategy, so as to achieve the sound, rapid and sustainable development and endeavors to become a major supplier in the world energy industry.