SUNVIC CHEMICAL HOLDINGS LIMITED

Registration Number: 200406502E
(Incorporated in the Republic of Singapore on 27 May 2004)

The Group is principally engaged in the manufacture and sale of the following three categories of products:


(a) Acrylic acid ("AA") (comprising purified AA and glacial AA);

(b) Acrylate esters ("AE") (comprising butyl acrylate, methyl acrylate, ethyl acrylate and 2-ethylhexyl acrylate); and

(c) Others (comprising N-(phosphonomethyl) Iminodiacetic Acid ("PMIDA") and cyclohexane).

In FY2005, AA and AE accounted for approximately 69.6% of the Group's sales and approximately 96.0% of the Group's gross profit. In HY2006, AA and AE accounted for approximately 91.7% of the Group's sales and approximately 93.7% of the Group's gross profit. Going forward, the Group aims to become one of the largest AA and AE manufacturers in the PRC.

The Group's principal place of business is in the PRC. Currently, approximately more than 75.0% of the Group's products are supplied to the PRC market. The Group sells directly to its customers who are mostly chemical producers located in Beijing and Shanghai, as well as in Zhejiang, Fujian, Guangdong, Jiangsu and Shandong provinces. The Group conducts all its export sales through its subsidiary, Yixing Yinyan Import & Export Co., Ltd. ("YYIE") and sells to customers in Europe, USA, South America and Asia.