The 2018 Global economic situation underwent big changes, economic markets are in turmoil. Chinese inland policies are being issued continually; stocks, funds and bonds are at the lowest value in the end of year, and steel / non-ferrous metal are also at a low level.

Mar. 8th received sad news about a fire on board the MV Maersk Honam 806W. We immediately sent official notice to PICC Insurance Claim Department, and required PICC authorize the third party inspection company SGS to perform a joint survey at the unloading port; finally inspection result was met with contract specification, not immersed by water, and the buyer effected the payment, the processing is 6 months.

Apr. 24th we attended the 2018 Chinese Silicon Industry Chain Summit, having meeting with industry professionals.

Sep. 18th we attended the Xinjiang Silicon industry summit, 2018 Xinjiang output 1069320mt, total production account for 40% of the country.

Starting on Oct. 18th 2018, this legal entity will undertake the operational role previously handled by Huicheng International Trade Co., Ltd. As a result, all direct and indirect purchases (including services) will be managed by this company. From Oct. 18th 2018, all contracts and purchase orders pending to be fulfilled must be invoiced to Huicheng International Trade Pte. Ltd.
Legal Address: 10 Anson road #29-05A International plaza Singapore (079903)
Registration No: 201831500R

Jan. 18th continued to make online Google advertisement, but stopped payment in Sep. due to ineffective results.

China Great Wall Quality Assurance Center revised Huicheng International Trade Co., Ltd. ISO9001:2015 quality system certification.