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Honghua Wins Order For Electric Coiled Tubing And Launches Cutting-edge Rapid Tripping System

Honghua Wins Order For Electric Coiled Tubing And Launches Cutting-edge Rapid Tripping System HONG KONG, Feb 01, 2021 - (ACN Newswire) - Honghua Group Limited (Stock Code: 196.HK, "Honghua" or the "Company"), a leading onshore oil rig supplier is pleased to announce that the Company has recently successfully developed the first electric coiled tubing in China and the first "one-key linkage" automated machine tool system in China, named Rapid Tripping System (RTSTM). In addition, Honghua has re...
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