Xing Dong Yang

Fabchem China Ltd. operates as an investment holding company, which engages in the manufacture of initiation systems and the production of boosters and detonating cords within a supply regulated industry. It operates through the following segments: Explosive Devices, Industrial Fuse and Initiating Explosive Devices, and Industrial Detonators. The Explosive Devices segment manufactures boosters and seismic charges that are used to enhance the power of the explosions and for oil and gas explorations. The Industrial Fuse and Initiating Explosive Devices segment produces detonating cords and non-electric tubes. The Industrial Detonators segment includes non-electric detonators, which are used in methane-free and mine-dust-free explosion projects, detonation projects in the mining industry, the excavation of alleys and tunnels, controlled explosions and underwater demolitions. The company was founded in 1979 and is headquartered in Singapore.

Shandong Yinguang Technology Co., Ltd. engages in the production, research, development, sale, and export of civil explosive equipment, which is mainly used in large-scale underwater blasting projects, national defence projects, traffic construction, mining, tunnel excavation, and chamber blasting. The company was founded on November 23, 2004 and is headquartered in Linyi, China.