China Chaintek United Co., Limited


Elysium is pleased to announce that it has been appointed to act as Company Secretary to AIM traded China Chaintek United Co., Limited ("CTEK"). CTEK provides domestic logistics services to fast moving consumer goods manufacturers in Jinjiang City, Fujian Province. The CTEK Group is now one of the largest providers of logistics services to domestic sports shoes and apparel manufacturers in China. Jinjiang City is a key manufacturing region in China for sports shoes and apparel in China. Manufacturers in Jinjiang City account for approximately 70 per cent. of the entire production volume of sports shoes and apparel in China. The CTEK Group has a long-standing client base of over 60 manufacturers based in Fujian Province and six of its top ten clients by revenue in 2011 are publicly listed in Hong Kong, USA, Malaysia or Singapore. The CTEK Group has two business divisions: Logistics Services Business and Inventory Solutions Business.