Chaozhou Huaxin Energy Co., Ltd.

Chaozhou Huaxin Energy Co., Ltd., located in Longwan Village, Shaocheng Town, Raoping County, Guangdong Province, is a subordinate enterprise of Chaozhou Huafeng Group Co., Ltd.. The Company was founded in February 2009, with a registered capital of 5.5 million US dollars. The Company is engaging in the wholesale of methanol and production of DME (dimethyl ether). The DME project, as Huafeng Group’s first chemical project, adopted the patent technology of Dalian Institute of Chemical Physics and was designed by Guangdong Zhenghe Petrochemical Architectural Design Co., Ltd., with a total investment of 125 million yuan and production capacity of 200,000t/a, covering an area of around 4.6 hectares. The project was put into commercial operation on 31 March 2013, with product purity of 99.5% or above, being widely welcomed by customers.