Subsidiaries

HaiKe’s subsidiaries are:

Dongying Hi-Tech Spring Chemical Co.,Ltd

Spring Chemical is a focused speciality chemical business based in Shandong Province, China. The Company produces high margin speciality chemicals, including: dimethyl carbonate (DMC); pharmacy grade propylene glycol; cosmetic additives; blending agents and electronic grade chemical products.

HaiKe Trading HongKong Limited

HaiKe Trading trades feedstock on behalf of the Group for both the refinery and the chemical businesses, including Spring Chemical.