The Company was incorporated on 30 July 2007. Changjiang Fertilizer Holdings Limited is a small-and-medium size coal-based producers of nitrogenous fertilizer in Hunan Province, China. Its key products are nitrogenous fertilizer, ammonia (comprising liquid ammonia and ammonia solution), and methanol. The Group sells its products mainly to distributors in Hunan, who in turn, sell to their customers in provinces like Hunan, Hubei, Guangdong, Guangxi and Jiangxi. Its nitrogenous fertilizer is mainly used by the farmers to grow crops such as paddy rice. Its ammonia products, namely liquid ammonia and ammonia solution, are used mainly by other fertilizer companies to produce urea and other fertilizers, and is also used by medical companies as raw materials in producing medicine, and other chemical companies to produce industrial chemical products. Its methanol is used mainly by manufacturers of methanol downstream products located in Hunan Province, China. Upon completion of the disposal of PRC subsidiaries and the acquisition of CT8, Kempas Land and WBH, the company will focus on the growing property development market. Property development typically covers the business of purchasing land, determining the type of properties to develop on the land, designing and obtaining the necessary approvals and financing, building or appointing builders to undertake construction of the structures, and ultimately, selling the properties. To better reflect the new business activities of the Group, the company has changed its name from “Changjiang Fertilizer Holdings Limited” to “Olive Tree Estates Limited”. Trading under the new name with effect from 19 Dec 2017.