Business Overview Financial Summary Ocean Global Holdings is a Hong Kong quick-frozen seafood importer and wholesaler, providing more than 80 varieties, which can be divided into seven major categories, including (i) shrimp, (ii) scallops, oysters and northern shellfish, (iii) fish, (iv) crab and caviar, (v) octopus and cuttlefish, (vi) seafood products and (vii) other products. In addition, the group also has more than 10 products from Japan, Vietnam and China Fast-frozen seafood suppliers in various countries with a wide network have established strong relationships, and The Group's core customers are mainly divided into two categories, including (i) frozen seafood resellers, and (ii) frozen seafood catering suppliers. Competitive advantage groups have strong purchasing capabilities and provide a variety of frozen seafood products to meet the diverse needs of customers. The group's refrigerated warehouses provide the best storage conditions to maintain product quality. The Group's business and reputation may be affected by product liability claims, food safety issues, lawsuits, customer complaints, product tampering, quality control issues, or negative publicity about the products. The increase in the cost of purchased products may have a significant impact on the operating performance. Use of proceeds 47% is used to enhance storage capacity, about 34.1% is used to enhance the ability to obtain exclusive contracts or sales agency agreements for new products, and about 13.3% to expand the variety of quick-frozen seafood products to improve logistics capacity, about 5.6% is used as general operating capital