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GSGL is a subsidiary of FirstLink Investments Corporation Limited ("FL"), an investment holding company listed in Singapore Exchange. The principal activities of the GSGL Group are those of the mining, manufacturing, distribution of edible and industrial salts in the PRC as well as the offshore marketing of salts, and the research and development of salts-related activities. Major
operating subsidiaries of GSGL are Qinghai Province Salt Industry Limited
("QS") and QS's collaterals in PRC, namely the QS Group. GSGL
is the sole distributor for QS Group products outside China. The predecessor
of QS was a PRC state-owned enterprise established in the 1950s to manufacture
edible and industrial salt products in Qinghai Province of China. Following a company restructure in April 2000, QS was incorporated in China as a limited company to takeover the salt manufacturing functions. The most valuable assets of QS are the two salt lakes, Chaka Lake and Keke Lake, located some 3,000 meters above sea level on the Qinghai-Tibet Plateau, with virtually no man-made pollution. QS holds 30 years' mining rights on these both high quality salt lakes.
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2004 Green Salt Group. All right reserved. |
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