Established to meet the needs of exploration and development of Huabei Oilfield, it grows with the development of China's petroleum industry and keeps up with the progress of the world's energy industry, which is a true historical portrayal of Rongsheng Company.

In 1976, to meet the needs of the Huabei Oilfield Battle, the former Ministry of Petroleum successively transferred 303 employees from Lanzhou Refinery Machinery Factory to the Huabei Oilfield, and established the "Huabei Oil Battle Headquarters Oilfield Headquarters Machine Repair Plant”.

In 1982, with the establishment of Huabei Petroleum Administration Bureau and the revocation of oilfield headquarters, it was renamed as "Machine Repair Factory of Oil Production Plant of Huabei Petroleum Administration Bureau".

In 1983, it was separated from the Oil Production Plant and became the second level unit of Huabei Petroleum Administration Bureau, renamed "Comprehensive Machinery Repair Plant of Huabei Petroleum Administration Bureau ".

In 1987, the company was renamed as "No.2 Machinery Factory of Huabei Petroleum Administration Bureau".

In 2002, as a pilot unit of China National Petroleum Corporation.The whole capital was diverted and restructured into " Rongsheng Machinery Manufacture Ltd. Of Hebei Oilfield, Huabei", in which Huabei Petroleum Administration Bureau held a part of the shares.