CM Energy Tech Co., Ltd. Stock Price

CM Energy Tech Co., Ltd., an investment holding company, engages in the design, manufacture, installation, and commissioning of land and offshore drilling rigs and equipment worldwide. The company operates through Equipment Manufacturing and Packages, Supply Chain and Integration Services, and Assets Management and Engineering Services segments. It provides land and offshore drilling rigs and equipment for offshore wind power installation platform and rigs; leases self-owned land drilling rigs; and manufactures and sells windwings, as well as supply chain and integration services related to oilfield expendables and supplies. The company also offers assets management, engineering services, and sub-leasing of land and offshore drilling rigs, and diving support construction vessels. In addition, it provides offshore cranes, jacking system, control and drive systems, mechanical pipeline, tension adjustment and compensation devices, etc.; and alkaline water electrolysis hydrogen production, vessel hydrogen power system integration, hydrogen refueling stations EPC, and hydrogen production integration. Further, the company offers jack-up rig, semi-submersible rig, modular platform rig, drillship, multi-service vessel, and liftboat solutions; hoisting, drill floor, tubular and rise handling, deck cranes, tensioning and skidding, BOP and subsea handling, pumps, mud systems, well control, jacking, and lifting mooring, and winch equipment; land rig solutions for various applications, including well drilling and harsh operation environments; and environmental fluid management system. Additionally, it provides repair and refurbishment, rig up commissioning, rig down, rig design, and top drive services; manufactures and distributes mud pump fluid end expendables. The company was formerly known as CMIC Ocean En-Tech Holding Co., Ltd. and changed its name to CM Energy Tech Co., Ltd. in July 2023. The company was founded in 1995 and is headquartered in Tsing Yi, Hong Kong.