Will Sichuan Youjian go bankrupt?

Sichuan Youjian will not go bankrupt. With the continuous development of China's oil and gas industry, the oil and gas-related engineering construction and service market is also expanding, and the demand in the oil and gas construction field is also diversifying. On the other hand, with the expansion of the market, more enterprises join the oil construction market, and the market competition is more intense. As of 20 17, Sichuan youjian has a history of 60 years. After professional reorganization, Sichuan Youjian was merged by Engineering Service Co., Ltd. and formally owned by Qing Chuan Drilling Company to China Petroleum Group Engineering Service Co., Ltd., which also faces great challenges in capital and business market.