Flowtric Technology Co., Ltd，established in 2015 as a subsidiary of Megmeet Electriccal Co., Ltd. (Stock Code: 002851.SZ), is located in Hangzhou，China - a national-level high-tech industrial development zone. As a national high-tech enterprise specializing in R&D, production, sales, and service of lifting equipments, the company has obtained ISO9001 Quality Management System, ISO14001 Environmental Management System, and ISO45001 Occupational Health and Safety Management System certifications. It has been recognized with honors including Zhejiang Province's First (Set) Product in Manufacturing Industry, Zhejiang Provincial Specialized, Refined, Distinctive and Innovative SME, and Hangzhou Municipal Enterprise High-tech R&D Center.

Through years of technological innovation, the company has established a strategic layout of "One Center , Two Manufacturing Bases, Multiple Service Stations": with Hangzhou R&D Center as the technical hub, supported by dual manufacturing bases, complemented by specialized service stations in Xinjiang, North China, Northwest China, Shengli and Dagang regions, forming a nationwide three-dimensional service network.

The company's core product - the Intelligent Electric Submersible Progressing Cavity Pump (ESPCP) Oil Production System has undergone three generations of technological iterations. It resolves industry challenges such as high energy consumption in heavy oil well electric heating processes, and addresses conventional rod pump failures including rod-tubing wear and disconnection in complex well trajectories. Through intelligent upgrades achieving goals of quality enhancement, energy efficiency  improvement, and unmanned operation, the system has been successfully deployed in major domestic oilfields including Dagang, Xinjiang, Changqing, North China, and Shengli, while expanding to overseas markets in Middle East、Central Asia and Africa. Having serviced over 1,000 wells, it has earned high industry recognition.