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Honghua Group Announces Major Deals With Dongfang Electric
Honghua Group Prepares for Key Shareholder Meeting
Honghua Group Enters Electric Fracturing Market
honghua group (00196.HK) subsidiary honghua electric entered into an electric drive fracturing service contract
On December 4, Gelonghui reported that honghua group (00196.HK) announced that its subsidiary, sichuan honghua electric co., ltd. ("honghua electric"), successfully won the bid for a one-year land electric drive fracturing operation project for a domestic client (after the contract term ends, if both parties have no objections, the contract will automatically extend for another year; after the one-year extension, it can be automatically extended for another year if there are no objections). The bid amount is approximately 75 million yuan. Recently, honghua electric signed the land electric drive fracturing operation support service contract ("service contract") with the domestic client. According to the service contract, honghua electric will provide services to the domestic client.
Express News | Honghua Group - Contract for RMB75 Mln
Express News | Honghua Group - Unit Won Tender for 1-Yr Operation Support Service Project for Land-Based Electric-Driven Fracturing
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