Based on overall sales revenue in 2017, we are the second largest mechanical rebar joint service provider in the Hong Kong reinforced concrete construction industry, accounting for about 27.0% of the total market share. Our sole operating subsidiary and Hong Kong were founded in Hong Kong in early 2012. Our mechanical rebar joining service includes two major parts: Machined steel bars: We provide customers with steel bar cutting, crimping, chamfering and threading services with proprietary technology and methods developed in-house at our own or our clients' premises; and Connect the bars with connectors: We connect one end of the machined steel bar with a self-designed connector. We provide two types of rebar processing services: one falls under the “Servisplice” trademark (“Servisplice Service”) and the other belongs to the “Seisplice” trademark (“Seisplice Service”). The mechanical joint structure of the Servisplice service does not increase ductility. Unlike the Seisplice service, it can increase shock resistance and increase ductility for the mechanical joint structure.
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