HKG:0196

2 stories mentioning HKG:0196Updated just now

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Honghua Group Unit to Sell 600 Million Yuan Drilling Rigs to Middle Eastern Client

Honghua Group (HKG:0196) unit Sichuan Honghua Petroleum Equipment agreed to supply a customer in the Middle East with sets of large drilling rig equipment worth 600 million yuan.The drilling rigs will be equipped with automated tools developed by the company, as well as intelligent equipment, according to a Wednesday Hong Kong bourse filing.The company has a long-standing relationship with the customer, which is a drilling contractor and integrated oilfield service provider in the Middle East.

HKG:0196

Asia20d ago

Honghua Group Chairman Resigns

Honghua Group (HKG:0196) said Wang Xu resigned as chairman, effective Wednesday, according to a same-day Hong Kong bourse filing.Wang resigned due to changes in his work arrangements.The positions of chairman of the board and chairman of the strategic investment committee are temporarily vacant as the company seeks suitable candidates.

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