The company was originally a limited company jointly initiated by China Huandao (Group) Corporation, Bank of China Haikou Trust Consulting Company, and the Hainan Branch of the Bank of Communications, etc., and established through targeted fund-raising methods. In January 1997, with the approval of the China Securities Regulatory Commission for the listing and issuance of 31 million public shares, on February 28, 1997, the company's shares were officially listed on the Shenzhen Stock Exchange, abbreviated as “Huandao Industrial”, stock code “000691"; on July 8, 2008, the company changed its name to Hainan Oil & Fat Technology Development Co., Ltd. (stock abbreviation: ST Grease); on February 8, 2010, the company changed its name to Asia Pacific Hainan Industrial Development Co., Ltd. (stock abbreviation: Asia Pacific Industrial). After going through subdistribution, transfer, and conversion, the total current share capital is 32.327 million shares. The company is mainly engaged in R&D, production and sales of pharmaceutical intermediates and pesticide intermediates in fine chemical products. The company's main products are divided into three categories: pyridine, nitrification and other chemical products. The products are mainly used in the fields of pesticides, pharmaceuticals and feed additives.
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