The Company, through its fully owned subsidiaries, HK based Pressfit International Enterprise Limited and China incorporated Heze City Fengyi Pipe Industry Co. Ltd, intends to use its own innovative technology to manufacture high-precision thin-walled pipe fittings, in particular press fittings to supply the Chinese and global markets and make landmark contribution for China to save significant amount of piping materials used in its civilian and industrial piping markets. The successful launch of the Company’s globally competitive thin-walled press fittings and related applications will help provide Chinese citizens with hygienic, energy and material saving, environment friendly, easily installed highly efficient, corrosion resistant, durable drinking water supply systems.