Momota Petroleum International Group Limited (“PPIG”) is a Hong Kong listed company (stock code: 8011), which is mainly engaged in exploration, development and production of oil and gas, while also providing related professional technical services and trading in petroleum-related products. At the beginning of 2008, the company abandoned the trading business of selling and selling paddleboards and paper products, formally transformed into a professional oil and gas exploration, development and producer, and fully began investing in and merging oil and gas exploration, development and production projects on a global scale. The company collaborated with the Lanzhou Institute of Geology of the Chinese Academy of Sciences to establish the Zhongke Baitian Petroleum Exploration and Development Research Institute, which strengthened the company's technical strength in the field of exploration and development. At the same time, it launched related technical service business, provided all-round technical support for the company's exploration and development projects, and provided exploration technology services and guarantees to the company and other petroleum exploration developers through the development and application of high-tech technology. Currently, the world economy is showing signs of recovery, demand for energy continues to grow, and prices of related energy products are showing a steady upward trend. In response to this situation, the company positions itself as engaged in international energy exploration and development and trade in energy-related products. Through the company's expert technical team with rich experience in oil and gas exploration and development, drawing on a specialized management and operation model, the company will be able to bring reliable and stable returns to the company and investors.
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