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On December 24, 2024,Xi'an ANCN Smart Instrument Inc.(hereinafter referred to as "ANCN Smart") received strategic investment from China Petroleum Group Kunlun Capital Co., Ltd. (hereinafter referred to as "Kunlun Capital"). This cooperation not only means that ANCN Smart has gained recognition and support from industry leading strategic capital in terms of technological innovation and market position, but also signifies that both parties will jointly explore new directions in the field of intelligent oil and gas fields.

ANCN Smart was founded in 2007 and is a national key specialized and innovative "little giant" enterprise, committed to becoming a leading national enterprise in intelligent system solutions for the oil and gas industry. ANCN Smart has been deeply involved in the field of intelligent oil and gas fields for 18 years, possessing strong technological innovation and iteration capabilities. Currently, it has applied for 346 authorized intellectual property rights, including 112 invention patents. The "Intelligent Control System for Gas Wells" has won the first batch of manufacturing industry single champions in Shaanxi Province, and the ACR explosion-proof inspection robot has won the key new product award in Shaanxi Province.
ANCN Smart's main business includes three segments: "AI autonomous driving smart gas fields", "AI explosion-proof inspection robots", and "intelligent instruments".
The "AI Autonomous Driving Smart Gas Field" uses the "AI Gas Well Large Model Algorithm Technology" to help users achieve automatic matching of optimal production systems throughout the entire life cycle of gas wells, achieving high-quality autonomous driving production of gas wells. As of January 2025, Ansen's autonomous driving smart gas well solution has served more than 30 gas production plants, with a total of over 13000 wells, increasing the annual production of oil and gas fields by 1.8 billion cubic meters and contributing to national energy security.

The "AI Explosion proof Inspection Robot" uses autonomous driving robots equipped with machine vision, laser spectroscopy, thermal imaging, sound imaging, and various sensors to replace human "vision, smell, and hearing". It can timely detect dangerous hazards such as leakage, abnormal sound, odor, and heat, and is a safety guard for flammable and explosive places such as petrochemicals. As of January 2025, the total number of AI Explosion proof Inspection Robots signed has exceeded 100.

The core product of the "Intelligent Instruments" section, the "ACFC Measurement Grade Gas Ultrasonic Flow Meter," has broken the monopoly of foreign brands and is the preferred import substitution solution for the natural gas industry.

The strategic investment of Kunlun Capital this time is not only in line with PetroChina's "Smart Petroleum" strategic initiative, but also a recognition of ANCN Smart's position in the field of oil and gas energy digitization and an affirmation of ANCN Smart's continuous innovation capability. In the future, ANCN Smart will actively promote collaborative technology research and development exchanges with customers in the oil and gas industry, accelerate the development and implementation of new technologies, and assist in the transformation and high-quality development of artificial intelligence in the oil and gas industry.