Rank of HFEC’s R&D activities in the industry
Ranked 13th - among 45 companies that R&D investment was over 10 million RMB.
Ranked 16th - among 54 companies that R&D investment accounted for more than 3% of total revenue.
Ranked 3rd - among 24 companies that technology transfer income is over 10 million RMB .
Note: The statistic from China Survey and Design Association in Petroleum & Petrochemical Engineering in year 2012, which totally includes 155 members acquiring integrated Grade-A, Grade-A (industrial and professional) or Grade-B license.