Qingdao Jieneng High tech Co., Ltd. (referred to as "Jieneng High tech Company") was established in 2001 and is a wholly-owned independent subsidiary of Qingdao Kaitou Group Jieneng Company. It has two subsidiaries, Qingdao Jieneng Environmental Engineering Co., Ltd. and Qingdao Jieneng Petroleum Equipment Co., Ltd. Qingdao Kaitou Group has total assets of 50 billion yuan, annual operating revenue of 12 billion yuan, and annual profits and taxes of over 600 million yuan. It is a state-owned enterprise under the jurisdiction of Qingdao West Coast New Area.

Qingdao Jieneng High tech Co., Ltd. was established in 2001 and is a leading technology enterprise specializing in high-tech research and application. It covers an area of 100000 square meters, with a factory building area of 30000 square meters. The company currently has more than 200 employees, including more than 40 engineering and R&D personnel, and over 100 sets of riveting, machining, stamping, heat treatment, and testing equipment. The company currently has multiple research platforms, including the Shandong Provincial Enterprise Technology Center, Qingdao Petrochemical Multiphase Flow Separation and Natural Gas Liquefaction Process and Equipment Engineering Research Center, expert workstations, and Enterprise Science and Technology Association. The company's business scope covers multiple fields such as energy technology consulting, equipment research and development and manufacturing, system integration and installation, etc. The product operates well and has huge market potential.