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Over ten investment organizations visited Honghua

soruce:manager    click:5360    time:2011-06-20

On Jun 20th , due to the invitation of the President Secretary Office, 13 representatives, from over 10 investment organizations in Hong Kong, Singapore and so on, visited the Group’s subsidiary, Sichuan Honghua Petroleum Equipment, Co. Ltd.; and investigated its technologies, production capacities, scales, and other aspects, to provide references for investment.

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The investors visited the production site, and made further communication with Mr. Zhang Mi, Chairman & President of the Group, Mr. Zhao ping, Vice President, and Mr. Zhong Qichang, CFO; they learnt comprehensively about the status quo of operations, sales, and R&D of new productions.

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During the visit, Mr. Zhang introduced the 5NB mud pumps, the coiled tubing drilling rig, the super single drilling rig, and other new equipment. The investors highly appraised Honghua’s production, technologies, scales, and potentials; and expressed positive expectations for enhanced profits by increasing market shares via new products and curtailing expenses via cost control. Honghua also demonstrated its strategy to tap into offshore markets while focusing on mechanical manufacturing.

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