The predecessor of Yangzhou Ruide Petroleum Machinery Co., Ltd. was the petroleum tool factory of Jiangsu Oilfield Mining Development Corporation, which was restructured according to the spirit of Sinopec in 2007. The company is located in Shaobo Town, Yangzhou City, a famous historical and cultural city, adjacent to National Highway 328, Beijing-Hangzhou Grand Canal, Yangzhou Taizhou Airport and Beijing-Shanghai Expressway, with convenient water, land and air transportation. Based on Jiangsu Oilfield, the company gives full play to its advantages in resources, technology, talents, capital and equipment, and constantly expands new production fields and new markets. The company covers an area of more than 20000 square meters, with advanced CNC lathes, vertical milling machines, boring machines, grinders, planers and other equipment, with a machining capacity of more than 8000 million yuan. It is a member of Sinopec and PetroChina network. Mainly engaged in drilling, oil production, workover and other downhole tools and petroleum machinery and equipment production and sales. The main products are: hydraulic anchor, removable bridge plug, bridge plug seat sealing tool, spinning sucker rod centralizer, non-stop pumping anti-eccentric wear and anti-spray rod seal, strong magnetic anti-wax device, eccentric water distributor, packer, spiral centralizer, self-sealing and self-locking guide, upper and lower plug valves, safety joints, perforating guns, lifting nipples, anti-sticking nipples, double-rotating eccentric wellhead devices, casing milling machines, hollow fishing and strong magnetic fishing shoes, grinding shoes, male cones, female cones, gate valves, screw pumps, internal carwa type oil drains, ignition devices, generator sets, camping houses, automatic grouting devices, well control casing heads, leakage plugging bypass joints, drilling speed increasing devices, etc. Products are now used in other oil fields, by the majority of users.