Guokun Guangyuan Technology Co., Ltd. was established in September 2020 with a registered capital of 30 million yuan. It is jointly funded by PetroChina Kunlun Energy Holdings Co., Ltd. and Guolian Industrial Investment Fund under CNPC Capital to provide professional one-stop outsourcing solutions for China's oil and gas sector. Therefore, Guokun Guangyuan is a subsidiary of PetroChina.
In addition, Guokun Guangyuan is mainly engaged in oil and gas exploration, development and production, which has also been recognized by many people in the industry.