CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Sinotech Energy Ltd ADR is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Sinotech Energy Ltd ADR
3/F, No. 19 Ronghua South Road Beijing
Economic-Technological Development Area
Phone: +86 1087125555p:+86 1087125555 BEIJING, BEJ  100176  China Ticker: CTECTE
On 9/23/2011, Ernst & Young Hua Ming ("Ernst & Young") resigned from its engagement as the Company's Independent Registered Public Accountant. Ernst & Young has further stated that it has withdrawn its opinion with respect to the Company's September 30, 2010 financial statements and that this opinion should no longer be relied upon
This company is no longer actively traded on any major stock exchange.
Business Summary
SinoTech Energy Limited (SinoTech) is a holding company. The Company conducts its operations through Superport Limited (Superport), which became its wholly owned subsidiary on October 12, 2010. It is a provider of enhanced oil recovery (EOR) services in the People’s Republic of China. It provides EOR services to oil companies in People’s Republic of China using technologies, which include lateral hydraulic drilling (LHD) technologies and a molecular deposition film (MDF) technology. It also provides technical services to coalbed methane (CBM) customers using the LHD technology. Its LHD services use a high-pressure water jet to drill horizontal holes in multiple directions from an existing vertical well to the surrounding reservoirs. The Company's MDF technology displaces the residual oil that adheres to sedimentary rock or sand in the oil reservoir.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20119/30/2010YesYes---

Industries
SIC Code Description
1311 Crude petroleum and natural gas
1389 Oil and gas field services, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director GuoqiangXin 47
Chief Operating Officer XiaominYu 52 6/1/2010 6/1/2010
Vice President YanhuiGuo 38
6 additional Officers and Directors records available in full report.

Business Names
Business Name
CTE
International Petroleum Services Corporation Limited
Superport Limited
Tianjin New Highland Science and Technology Development Co., Ltd.

General Information
Stock Exchange: OTC
Fax Number: +86 1087125500


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Saturday, July 22, 2023