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Investor Presentaiton

A Dynamic Manufacturing Advantage; Responsive, Scalable and Low Cost Bossier City Facility ■Rapid-response manufacturing 5-axis computer numerically controlled machines ■"Just-in-time" capabilities for fast delivery time & parachute orders ■ Expanded in 2018 and 2022 Suzhou Facility ■Less time-sensitive, high-volume wellhead equipment ■Wholly foreign owned enterprise (WFOE) ■Low cost of operation with low sensitivity to utilization ■ Additional international sourcing underway Baytown Facility ■ Produces 100% of FlexSteel equipment ■ Only manufacturer to hydro-test all pipe before leaving its facility ■Third production line added in 2019 API and ISO certified CAP 3 TIN 仓库周转区(六) Scalable and Low Fixed Cost Manufacturing Footprint 14 14
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