Honghua Group's Subsidiary Wins Tender for 370 Million Yuan Coalbed Methane Project

MT Newswires Live

2024/10/09

Honghua Group's (HKG:0196) subsidiary Sichuan Honghua Electric will be providing a series of electric fracturing equipment services to a certain domestic customer for a two-year coalbed methane exploration and development project.

Sichuan Honghua won the 370 million yuan project by way of a tender from the customer, a Wednesday filing with the Hong Kong Exchange said.

The land rigs company's shares closed over 2% lower on Wednesday.

Price (HKD): $0.14, Change: $-0.0030, Percent Change: -2.11%

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