Upon the establishment of the issuer, the book net asset value of Shen Kai Group as of July 3, 20071confirmed by Lixin Certified Public Accountants was used as the conversion basis, and it was converted into 1: 1. Group shareholders, Li, Yuan Jianxin and other 48 natural persons are held in proportion to their rights and interests in the group, and the remaining net assets of 464,985.73 yuan are included in the company's capital reserve.
When the company was founded, its main assets were land, factory buildings, production equipment, inventory and monetary funds inherited by Shen Kai Group as a whole. When the company was founded, it was mainly engaged in the research, development, production and sales of well site measurement and control equipment, oil drilling well control equipment, oil production wellhead equipment and petroleum product specification analysis instruments, and provided comprehensive logging services. There is no significant change in the company's main assets and main business before and after the establishment of the change.