Honghua Group Limited, an investment holding company, engages in the research, design, manufacture, setting, and sale of land rigs, and related parts and components. The company operates through five segments: Land Drilling Rigs; Parts and Components and Others; Drilling Engineering Services; Fracturing Services; and Offshore Engineering. The company offers drilling rigs equipment, such as smart, polar, desert, fast moving, artificial island, ultra-quiet truck-mounted/semi-trailer, geothermal drilling rigs, and electric workover rig, as well as parts and accessories. It also offers fracturing equipment, including all-electric fracturing equipment solutions, and digital electric and hydraulic drive coiled tubing machine.
