2010
Established the factory of Hebei Haoqi Drilling Equipment Co., Ltd., with an annual output of 1,500 tricone bits.
2012
Signed a strategic cooperation agreement with the Kingdream factory, introduced the production technology of the Kingdream factory, and reduced the drilling cost per meter by 30%.
2015
Started to enter the international market and achieved a 10% market share in the US and Turkey drill bit markets.
2018
Established a production line for pdc bits, with an annual output of 950 pieces pdc bits and 3500 pieces tricone bits.
2019
Obtained the qualification to supply Sinopec, CNPC and CNOOC drill bits, and won the title of excellent supplier, which indicates that the quality of drill bits produced by Hebei Haoqi Drilling Equipment Co., Ltd. is close to the quality of Kingdream brand (kingdream is the best quality brand in the field of drill bits in China)
2022
The inventory of new drill bits exceeds 3,000, and it is the company with the largest inventory of new drill bits in China. The market share of drill bits in Turkey and North America reaches 30%.
2023
The company purchased another 20 five-axis and four-axis machining centers to achieve an annual output of 10,000 pdc bits and 10,000 pdc bits. The second phase of the 15,000-square-meter screw production plant is under construction.
