Hunan Nanling Industrial Explosive Materials Co., Ltd. is a China-based company mainly engaged in the research and development, production and sales of civil explosives. The Company operates its business through three segments. The Civil Explosives segment is mainly engaged in the research and development, production and sales of industrial explosives, industrial detonators, industrial detonating tubes, industrial detonating fuses and military detonators. The Engineering Blasting segment mainly provides the blasting design and construction, safety assessment and safety supervision services for blasting engineering projects. The Logistics Transportation segment provides the transportation services for civil explosives and other products. The Company mainly operates its business in the domestic market.