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SMAIUN is a Hangzhou company making oil drilling and production equipment and maintenance tools for oil companies.
Founded in 2013 in Hangzhou, China, SMAIUN develops equipment for oil drilling and production. In September 2015 it raised RMB 4 million in Series A funding from Zheshang Venture Capital, its only funding round to date. In 2019 it reported revenue of CNY 5,134,715.40 and EBITDA of CNY 329,310.10, from equipment sales and service contracts with oil companies. It plans to expand into Southeast Asia and North America by 2025.
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