The Group owned a multi-purpose deck cargo ship currently focus on carriage of construction material and waste in the PRC.
The vessel chartering industry is noticeable on-going recovery due to the Baltic Dry Index (the “BDI”) has been recovered. The Group will tap the growth potential and will continuous take caution measures to closely monitor the effectiveness of the operation of the Group's vessel chartering business.
Methanol is a highly versatile commodity for which demand is growing rapidly. Its compounds find use in both energy and petrochemical applications. In the energy sector, the market for methanol is expanding as methanol is used in transportation fuels. In the traditional petrochemical sector, methanol derivatives are used in a range of products from adhesives to paints and polyester. The Group will continues focus on expanding the new consumer market by expanding end customers and promote the trade of methanol.
The PRC is the major target market of the Group's seafood and frozen meat trading. In light of the PRC consumer's rising awareness of health and food safety, there are increasing demands for import food in the PRC, the high-end products are especially popular. Moreover, following the implementation of stricter import regulations, customers now tend to purchase food products from proper and reliable sources with better quality. Therefore, the Group will expand its business channels and strictly control food quality at the same time in order to maintain good reputation and stable profits.
The Group's electronic products trading is principally engaged in trading of smartphones and parts of communication equipment which are the core companents for mobile phones. The Group will expand its electronic products trading according to the local and global economic conditions and the Group's operating characteristics.