ETFs Explosive Co., Ltd.

Explosive Co Ltd is a China-based company primarily engaged in the research, production, sales of civil explosives and provision of blasting services. The Company mainly operates three businesses. The engineering service business is engaged in providing blasting design and construction, mining infrastructure stripping, blasting mining, mineral packaging and transportation and other civil explosives full-chain services for infrastructure, mining and other engineering projects. The civil explosives product business is engaged in the production and sales of industrial explosives, industrial detonators, industrial detonating cords, industrial detonating cords and other products. The other product business is engaged in the production and sales of military airbags, military pyrotechnics, fire pyrotechnic accessories, non-pressurized dry powder series fire extinguishing devices and other products. The Company conducts its business in the domestic and overseas markets.