| Description | The Company was incorporated in Bermuda on 3 January 2006 under the name of Huafeng Energy Holdings Limited. The Company adopted its present name on 25 April 2006. The Group is principally engaged in importing raw materials such as butane and propane into port terminals onsite, and processing them into Liquefied Petroleum Gas (“LPG”) according to customers’ specified requirements. The processed LPG is then delivered to customers by land or sea. Since 2003, the Group’s customer base has grown to more than 200 companies which consists of contracted and non-contracted tier-two and tier-three distributors. These distributors supply the Group’s LPG to a spectrum of industrial, commercial and residential end-users in southern and eastern China. In 2006, the Group increased its annual production designed capacity to approximately 900,000 tonnes per annum to meet rising demand from its clients. Its office and production facility are located at Long Wan Suo Cheng Town, Raoping district, Chaozhou City in Guangdong, China which is located for its business as it has natural deep waters that can accommodate berthing of large LPG ship tankers. Its sales and marketing network covers mainly the Guangdong, Jiangxi, Zhejiang, Fujian and Hainan in China.
Additional info from SGX:
The Company was incorporated in Bermuda on 3 January 2006 under the name of Huafeng Energy Holdings Limited. The Company adopted its present name on 25 April 2006. The Group is principally engaged in importing raw materials such as butane and propane into port terminals onsite, and processing them into Liquefied Petroleum Gas (“LPG”) according to customers’ specified requirements. The processed LPG is then delivered to customers by land or sea. Since 2003, the Group’s customer base has grown to more than 200 companies which consists of contracted and non-contracted tier-two and tier-three distributors. These distributors supply the Group’s LPG to a spectrum of industrial, commercial and residential end-users in southern and eastern China. In 2006, the Group increased its annual production designed capacity to approximately 900,000 tonnes per annum to meet rising demand from its clients. Its office and production facility are located at Long Wan Suo Cheng Town, Raoping district, Chaozhou City in Guangdong, China which is located for its business as it has natural deep waters that can accommodate berthing of large LPG ship tankers. Its sales and marketing network covers mainly the Guangdong, Jiangxi, Zhejiang, Fujian and Hainan in China. |