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Honghua Group Becomes Limited Partner of Sino-Mex Energy Fund

[2014-11-14]

Honghua Group Limited (HKEx stock code: HK0196, hereinafter called “Honghua Group”) – the world’s largest manufacturer of land drilling rig – announced on November 13, 2014 that it has committed to invest USD 150 million in Sino-Mex Energy Fund and becomes a limited partner of the Fund. The Sino-Mex Energy Fund will mainly invest in projects in energy i...

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Enters Into Drilling Rigs Sales Agreement Worth HK$32 million with Abraj Energy Services LLC, the Largest Drilling Company in the Sultanate of Oman
(25 June 2014, Hong Kong) A leading global land drilling rig manufacturer – Honghua Group Ltd. (Stock Code: 196.HK) (“Honghua” or the “Group”), is pleased to announce that, on 23 June 2014, Honghua Golden Coast Equipment FZE (“Honghua Golden Coast”), a wholly-owned subsidiary of Honghua, entered into a land drilling rig sales agreement (the “Agreement”)...
Entered Into A Three-Year MOU For Strategic Cooperation Framework With GE
(Hong Kong, 5 May 2014) – Honghua Group (“Honghua” or the “Group”) (Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that the Group entered into a three-year Memorandum of Understanding for Strategic Cooperation Framework (the “MOU”) with General Electric (China) Company Limited (“GE”) on May 5, 2014, and will...
HH (Honghua) Group Showcases Offshore and Land Drilling Technology along with Shale Gas Solutions at the 2014 Offshore Technology Conference
HOUSTON – HH (Honghua) Group Limited, the largest exporter of drilling rigs in China, today announced that it has signed a three-year memorandum of understanding with General Electric (China) Company Limited (“GE”). Under the agreement, GE will supply its Waukesha VHP gas engines to power drilling rigs used in new shale gas projects in China. The agreem...

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