Jiangsu Shuguang Huayang Drilling Tool Co., Ltd, located in Baimi town Jiangyan district, Taizhou city of Jiangsu province, is a joint venture set up by Jiangsu Shuguang Group Joint Stock Co., Ltd, Blue Diamond Pipe and Equipment SA, Wickander&Associates, Inc and Grand Rig International Ltd, the holding company is Jiangsu Shuguang Group Joint Stock Co., Ltd.