On the afternoon of April 23, 2024, the relevant person in charge of Shanghai Kangyu Technology Co., Ltd. accompanied the Indian Esha Group inspection team to Renchuang Technology Group for discussion and project promotion on the application and benefits of fracturing proppant technology.

Rechsand Technology Group has always been committed to promoting international technological exchange and cooperation. Its independently developed multifunctional composite fracturing proppant fills the gap at home and abroad, reaching an international leading level. It provides important technical support for cost reduction, efficiency improvement, stable production, high yield, energy conservation, and low-carbon development of unconventional oil and gas reservoirs, which is of great scientific significance for China's energy development strategy. Elsa Group enjoys a high reputation in the Indian region and has enormous potential for global energy development and sustainable development. During this exchange and negotiation, the two sides mainly focused on the advanced technology, products, and application scenarios of Renchuang Technology Group's multifunctional composite fracturing proppant. They reached a preliminary consensus on how to combine the characteristics of the Indian market and jointly develop technologies and products suitable for local needs.

At the meeting, Qin Shengyi, Chairman of Renchuang Technology Group, gave a detailed introduction to the scientific research achievements of Renchuang Technology Group in the oil and gas field, as well as in-depth exchanges on the technical requirements proposed by Elsa Group and the development plan of multifunctional composite fracturing proppants in the Indian market in the future. Chairman Qin Shengyi emphasized that Renchuang Technology Group has always been committed to technological innovation in the oil and gas field, possessing multiple domestic and foreign patented technologies and research and development achievements. In the next step, Renchuang Technology Group will appoint relevant technical teams to carry out comprehensive cooperation and docking work with relevant personnel from Shanghai Kangyu Technology Co., Ltd.

This exchange aims to help both parties better understand each other's strengths and resources, laying a solid foundation for further in-depth cooperation. To jointly promote the landing and sustainable development of oil and gas industry projects in the Indian market.

——Comprehensive report from the Product Promotion Department of Rechsand Technology Group