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Hans Energy Company Limited was incorporated in the Cayman Islands and its shares are listed in the main board of the Hong Kong Stock Exchange (stock code: 554). The current brand name “Hans Energy” was adopted by the Company in early 2005. Originally, it was called Lee & Man Holdings Limited.
Lee & Man was established in 1993 and its shares were listed in the Hong Kong Stock Exchange in 1997. Its then principle businesses were manufacture and sales of paper packaging products, handbags and luggage, and audio cassette products.
In mid-2002, Mr. David An successfully acquired 73.91% of Lee & Man's shareholdings and has since then become the Company's major shareholder. Lee & Man was then renamed as SC Industrial Development Company Limited, and was further renamed as Wisdom Venture Holdings Limited at the end of 2002 and continued to engage in the paper packaging business.
In the beginning of 2003, Wisdom Venture commenced trading of petroleum products in the PRC through its wholly owned subsidiary, Oriental Point International Limited.
At the end of 2004, Wisdom Venture succeeded in the acquisition of Union Petro-Chemicals (BVI) Company Limited and its Xiao Hu Island Terminal as well as disposing of the paper packaging business in order to transform itself to the oil and petrochemicals storage and terminal business. In the beginning of 2005, Wisdom Venture changed its name to Hans Energy Company Limited to reflect its existing business and the focus of its resources in the future.
Hans Energy is now a major integrated logistic services provider of oil and liquid petrochemical terminal and storage facilities as well as a leading midstream player in the PRC's energy industry.
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