Honghua Group is an investment holding company. Co. engages in research, design, manufacture, setting and sale of land rigs and related parts and components, design and manufactures the offshore drilling module. Co. also provides technical support services and drilling engineering service for clients. Co. operates through these segments: land drilling rigs, which manufactures and sells land drilling rigs; offshore drilling rigs, which manufactures and sells offshore drilling rigs and related parts and components; parts and components, which manufactures and sells parts and components of land drilling rigs; and oil and gas engineering services, which provides oil and gas engineering services.
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