About TIAN YUAN GP Company

The Group operates two terminals - Tianyuan Wharf and Zhengyuan Wharf. The two terminals have been approved for public terminals and the exclusive use of bulk cargo. Both terminals are located in the Shuidong port area of Maoming Port (Maoming city in southwestern Guangdong Province, China). Our main services include: Cargo handling services. Our terminals are quite flexible and can handle a wide range of unboxed goods. During the track record period, we mainly handled bulk goods such as coal, quartz sand, oil products, food, asphalt and kaolin, as well as small bulk goods and loose goods; and Related supporting value-added port services mainly include storage services for fuel tanks and granaries, and forklift leasing. In 2015, 2016 and 2017, our total throughput (including domestic trade and foreign trade) was approximately 3,969 thousand tons, 4,202 thousand tons and 4,391 thousand tons, respectively. In 2016, our throughput accounted for about 0.2% of Guangdong's total cargo throughput, while our revenue accounted for about 0.1% of the revenue of the port and terminal service industry in Guangdong. We have been granted the right to use the total marine area of about 9.6 hectares located at Maoming Port. According to Ipsos reports, Maoming Port recorded a throughput of 24.3 million tons in 2017, making it the tenth largest port in Guangdong Province in terms of throughput in that year. Maoming Port is a gateway to southwestern China and Southeast Asian countries. It was known as Shuidong Port until 1998, and was approved as one of the ports open to foreign ships, goods, and foreigners as early as June 1993. It currently consists of three port areas, namely: (i) the Suito Port Area (the original commercial port area); (ii) the Hakaga Port Area (including the Hakaga Fishing Port Area and the Hakaga New Port Area); and (iii) the Jeddah Port Area (a planned project for further development of the area around the new port of Buraga). Our docks are fully equipped with various machinery such as shore portal cranes, forklifts, loaders, forklifts, grapples, portal crane hooks, and general purpose trucks, all operated by qualified technicians. We also have fuel tanks and granaries that provide related supporting value-added port services. Our Tianyuan Wharf was completed and put into operation in April 2010. Its throughput in 2015, 2016 and 2017 was approximately 2,449 thousand tons, 2,592 thousand tons and 2,651 thousand tons, respectively, of which foreign trade was about 372 thousand tons, 188 thousand tons and 431 thousand tons, respectively. Tianyuan Wharf currently has two berths with a maximum berth capacity of 30,000 DWT and 5,000 DWT respectively. It is the only public pier in Maoming Port with a large berth capacity of 30,000 DWT. Both berths have been approved to handle foreign trade since January 2011. Our Zhengyuan Wharf was completed and put into operation in March 2011. Its throughput in 2015, 2016 and 2017 was approximately 1,520 thousand tons, 1,610 thousand tons and 1,740 thousand tons, respectively, all related to domestic trade. It currently has a berth with a berth capacity of 10,000 DWT.