Hongda Civil Explosive Group Co., Ltd. is a wholly-owned subsidiary of Guangdong Hongda Holdings Group Co., Ltd. (stock abbreviation: Guangdong Hongda, stock code: 002683), a subsidiary of Guangdong Environmental Protection Group Co., Ltd. under the State owned Assets Supervision and Administration Commission of Guangdong Province. The company has a registered capital of 500 million yuan and its main business scope includes industrial explosives and industrial detonators manufacturing, general machinery equipment processing and manufacturing and technology transfer, blasting technology consulting, blasting scheme design and construction, etc.