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[CICC: Electric drive replaces diesel drive or will become an irreversible trend in the oil service equipment industry] Securities Times e Company Newsmobilecasinofreebonus, CICC's research report on manufacturing going abroad believes thatmobilecasinofreebonus, domestic demand for shale gas and shale oil development is strong, and North American fracturing equipment may have entered a large-scale renewal cycle. Electric drive fracturingmobilecasinofreebonus.mobilecasinofreebonus..

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[China International Capital Corporation: Electric drive replaces diesel drive or will become an irreversible trend in the oil service equipment industry] Securities Times e Company News, China International Capital Corporation's research report on manufacturing industry overseas believes that domestic demand for shale gas and shale oil development is strong, and North America Fracturing equipment may have entered a large-scale update cycle. The economics of electric drive fracturing is significantly better than that of diesel drive, and the logic of market-based replacement is clear. The replacement of diesel flooding by electric flooding may become an irreversible trend in the oil and service equipment industry in the next few years. Chinese equipment manufacturers have a global leading advantage in the field of electric flooding and fracturing and may be the first to benefit. It is estimated that in 2023, the penetration rates of electric drive in China and North America will be 37% and less than 10% respectively.