Nanjing Develop Advanced Manufacturing Co ROIC

What does Nanjing Develop Advanced Manufacturing Co do? Nanjing Develop Advanced Manufacturing Co Ltd, listed on the Shanghai Stock Exchange with ticker 688377.SS and ISIN CNE100004249, is a company based in Nanjing, China, operating within the Energy sector. The company specializes in the development, production, and sales of specialized components for oil and gas equipment. It has a workforce of 772 employees and completed its initial public offering on July 8, 2020. Nanjing Develop Advanced Manufacturing focuses on four primary product lines: specialized parts for wellheads and Christmas trees, deep-sea equipment, fracturing equipment, and drilling and production equipment. These products serve various applications in the oil and gas industry, including onshore wellheads, deep-sea drilling, shale gas fracturing, and high-pressure fluid transportation. The company operates both domestically within China and internationally, serving markets beyond its home country. Its headquarters is located in Nanjing, Jiangsu Province, and it maintains a corporate website at www.nj-develop.com. The company's business model centers on providing critical components for the energy sector, particularly for equipment used in challenging environments such as deep-sea and shale gas operations. As a publicly traded entity, it is subject to the regulatory requirements of the Shanghai Stock Exchange. The firm’s operations are confined to the energy industry, with no indication of diversification into other sectors. Its product offerings are tailored to meet the specific needs of oil and gas equipment manufacturers and operators. Nanjing Develop Advanced Manufacturing Co is one of the most popular companies on Eulerpool.