Company Profile

Honghua Group (officially known as DEC Honghua), established in 1997, is a global enterprise specializing in oil and gas exploration equipment manufacturing and drilling & completion engineering services. Honghua Group is also a key subsidiary of Dongfang Electric Corporation, a centrally administered state-owned enterprise vital to national energy security and economic development. Honghua Group became the first Chinese drilling rig manufacturer to go public when it was listed on the Main Board of the Hong Kong Stock Exchange in 2008. Honghua operates 3 major domestic production bases in Sichuan, Jiangsu, and Gansu provinces and over 10 overseas facilities and institutions across key global markets.