“Hua Bao International Investment Company” was formed in 2014 by both Russian “Hua Ren Invest Ltd” and Chinese “Shandong Dongbao Group” companies. “Hua Ren Group” was set up in Saint Petersburg in 1993. It became the first company with Chinese capital to implement the project of hotel complex, which was finished during the period from 2000 to 2003 under the investment limitations. At the moment, investment portfolio of the Group exceeds 4, 5 billion U.S. dollars. Hua Ren Company has good partnerships with biggest Chinese investment and building companies.  “Hua Ren Group” Chief Executive Officer – Wang Linan – is the assistant general manager of Shanghai Cooperation Organization’s Business Club. Shandong Dongbao Group Co. is the big Chinese company that produces pipes for the various economic sectors – from public-service sector to steel pipes for petroleum industry. Actual company name appeared in 2005, before company was identified as “Dongying Dongbao Petroleum Machinery Co.”.