What Research and Development advancements has Honghua Group made?
The Group has developed various superior performance-to-cost products to meet the needs of different markets, including a new high speed drilling rig for the Middle East market, and a train-skidding arctic rig and helicopter rigs for the Russian market. Honghua Group is currently involved in the development of products focusing on unconventional energy development technology and equipment design, such as coiled tubing rig.