Honghua Group Ltd. is an investment holding company, which engages in manufacturing drilling rigs and oil and gas exploitation equipment; and providing drilling services. It operates through the following segments: Land Drilling Rigs, Parts and Components and Others, Drilling Engineering Service, and Fracturing Business. Its drilling rigs include conventional, cryogenic, training, and offshore rigs. The company was founded on June 15, 2007 and is headquartered in Chengdu, China.