Mi Zhang

Part of Shun Tak Holdings Ltd., Newco (Hong Kong) Ltd. is a Chinese company that provides investment services. The private company is based in Hong Kong, Hong Kong. Jie Ren has been the CEO of the company since 2008.

Sichuan Honghua Petroleum Equipment Co. Ltd. engages in the research, design, manufacture, and general assembly of oil drilling rigs and equipment for oil exploration and development. The company is headquartered in Guanghan, China.

Honghua America LLC manufactures and supplies drilling rigs and components. The private company is based in Houston, TX. The company is ultimately controlled by the Government of China.

Honghua International Co., Ltd. is a Chinese company that specializes in importing and exporting mechanical drilling rigs and rig components. The private company is ultimately controlled by the Government of China and is based in Chengdu, China. Jie Ren has been the CEO of the company since 2004.

Honghua Offshore Oil & Gas Equipment (Jiangsu) Co., Ltd. engages in the design, manufacture, and sale of offshore oil and gas engineering equipment. Its business scope includes design, manufacture, repair, installation, and sale of offshore oil and natural gas drilling equipment, and marine engineering structure and marine engineering workboat and auxiliary ship; research and development of drilling and production automation system; design, drilling, and oil and gas field technical services; and design, manufacture, and sale of aluminum cans for storage used. The company was founded on June 8, 2009 and is headquartered in Nantong, China.

Shanghai Honghua Offshore Oil & Gas Equipment Co., Ltd. engages in offshore oil and gas engineering, research and development, design, sales and maintenance of vessels. The company is headquartered in Shanghai, China.

Honghua Holdings Ltd. operates as an investment holding Chinese company and is ultimately controlled by the Government of China. The private company is based in Chengdu, China.