Baoli Holdings (Singapore) Pte. Ltd. is a subsidiary of Jiangsu Baoli International Investment Co., Ltd. registered in July, 2013. Its total registered capital of USD 16 million is invested in cash fully. The Company is mainly engaged in the sales of asphalts and high strength framework asphalt and the investment in foreign countries. The establishment of Baoli Holdings (Singapore) Pte., Ltd. in Singapore, an important oil production and transfer base of the world, will help Jiangsu Baoli International Investment Co., Ltd. to extend its upstream and downstream industrial chain, increase the export of special asphalt products, obtain better raw material sources, reduce its comprehensive competitiveness and brand awareness significantly. The trade volume of 2015 is expected to be more than USD 100 million and the bank credit can be obtained is USD 30 million.
