Precedent Energy (Guanghan) Services Ltd. (hereinafter referred to as Precedent,orPE) is a wholly-owned subsidiary of Precedent Energy Services Inc. (USA) inChina, located in the National High-Tech Development Zone of Deyang,Sichuan. The Company integrates R&D, design, manufacturing, sales, andservices, serving as a manufacturer of high-end well control safety equipment(choke and kill manifolds) and Managed Pressure Drilling (MPD) systems, as well as a provider of MPD services.Since its establishment in 2011, the Company has consistently aligned withnational energy strategic needs, striving to become a leader in the industry byintegrating R&D, design, manufacturing, sales, and services, and offeringintegrated high-end equipment and technical service solutions for the oil andgas sector.

Precedent adheres to its corporate culture of “Character determines product,details determine success, positioning determines status, and attitudedetermines everything.” The Company implements the quality policy of “Precisionmanufacturing, dedicated service, continuous improvement, and customersatisfaction.”

Upholding the philosophy of “Upholding integrity and pursuing innovation tocreate a world-class brand,” Precedent has held the API Q1 certification since2013, marking 13 consecutive years to date. This longstanding commitment hasfostered a manufacturing team that deeply understands and rigorously complieswith API standards, and is characterized by a conscientious, accountable, andfact-based approach to quality assurance.