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Security Profile
- Security Type
- Common Stock
- CUSIP
- 67086W105
- Market Cap
- Micro Cap · $18 Million
- IPO
- 1/26/2010 · $6.30/share
Business: Andatee China Marine Fuel Services Corporation carries out all of their business through their Hong Kong subsidiary, Goodwill Rich, their wholly-owned Chinese subsidiary, Fusheng, and Fusheng’s directly controlled subsidiaries, previous were Dalian Xingyuan’s subsidiaries and Fusheng’s variable interest entity (VIE), Dalian Xingyuan, and Dalian Xingyuan’s subsidiaries (Dalian Xingyuan and their subsidiaries being collectively referred to as the VIE entities). Through both directly controlled subsidiaries and VIE entities, they are engaged in the production, storage, distribution and wholesale purchases and sales of blended marine fuel oil for cargo and fishing vessels with operations mainly in Liaoning, Shandong, Jiangsu and Zhejiang Provinces in People’s Republic of China (PRC). They compete by providing their customers value added benefits, including single-supplier convenience, competitive pricing, logistical support and fuel quality control.
Company Contact
- CEO
- Wang Hao
- CFO
- Quan Zhang
- Investor Relations
- ir@fushengdl.com