November 3, 2011 Sichuan Renzhi Oil Field Technology Services Co., Ltd launched its initial public offering (IPO) on the Shenzhen Small and Medium-sized Enterprises (SME) board, under the stock code of 002629.  The share offering was priced at CNY 15.00 per share with 28,610,000 shares offered and raised CNY 429,150,000 in total.

Sichuan Renzhi is a private drilling fluid technology provider with high market share, one of the competitive companies offering comprehensive and one-stop drilling fluid technology in China.

Jingtian & Gongcheng represented the issuer in the listing.