In terms of overall sales revenue in 2017, we are the second-largest mechanical steel bar joining service provider for the reinforced concrete construction industry in Hong Kong, accounting for about 27.0% of the overall market share. Our sole operating subsidiary and Hong Kong were founded in Hong Kong in early 2012. Our mechanical rebar joining services include two main components: Processing steel bars: We provide customers with steel bar cutting, crimping, corner cutting and threading services at our or our clients' premises using proprietary technology and methods developed by ourselves; and Connect the reinforcing bars with connectors: We use a self-designed connector to connect one end of the machined steel bar. We provide two types of rebar processing services: one for the “Servisplice” trademark (“Servisplice Service”) and the other for the “Seisplice” trademark (“Seisplice Service”). The mechanical juxtaposition structure of the Servisplice service does not increase ductility. Unlike the Seisplice service, it can increase shock resistance and increase ductility to the mechanical juxtaposition structure.
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