Jiutian Chemical (C8R) Annual Reports

The Company was incorporated in Singapore on 30 November 2004.

The Company, through its subsidiary, Anyang Jiutian Fine Chemical Co Ltd, is

principally engaged in the manufacture and production of methanol,

dimethylformamide ("DMF") and methylamine. The Group is also engaged in the

processing and sale of consumable carbon dioxide and oxygen. The Group's

business is divided into three main business divisions, namely, the methanol

division producing methanol; the DMF division, producing DMF as its main

product and methylamine as its secondary product; and the gas division,

producing consumable carbon dioxide and oxygen.

The Group sells its products to customers in China, which include customers in

Henan, the surrounding provinces adjacent to Henan, namely Hebei, Shaanxi,

Shanxi, Hubei, Shandong, Jiangsu and Anhui, and provinces in the Yangtze Delta

Region, namely, Jiangsu and Zhejiang. Some of its customers are manufacturers

of downstream products that use methanol, methylamine and DMF, while others,

especially those located further away in the Yangtze Delta Region, are trading

firms that distribute these chemicals to customers that use these chemicals in

their manufacturing processes.