Handar Civil Explosives Group Co., Ltd. is a wholly-owned subsidiary of Guangdong Handar Holding Group Co., Ltd. (stock abbreviation: Guangdong Handar, stock code: 002683), a holding enterprise of GDHUANBAO Group Co., Ltd., which is under the supervision of the Guangdong Provincial State-owned Assets Supervision and Administration Commission. The main business scope includes the manufacturing of industrial explosives and industrial detonators, general machinery equipment processing and manufacturing, technology transfer, blasting technology consulting, blasting plan design, and construction, etc.

The group has sound qualifications, with a production capacity of 697,500 tons of industrial explosives, 5 million electric detonators, 52.24 million electronic detonators, 20 million detonating cord detonators, 200 tons of detonating devices, 12 million meters of industrial detonating cord, and 120 million meters of detonating cord. It holds a first-class commercial blasting qualification, and both its scale and quality are among the top in the country. The group has 17 affiliated and controlling companies covering the full industrial chain, including research and development, production, sales, raw material supply, and blasting services of civil explosives. Its business spans across regions such as South China, North China, Northeast, and Northwest.

Handar Civil Explosives Group adheres to a global development strategy and actively expands into overseas markets. The group has established a representative office in Central Asia to collaborate with local enterprises, promoting regional civil explosives technology exchanges and business cooperation, and providing strong support for infrastructure construction in Central Asia. In Tanzania, Africa, the group established Tanzania Handar Civil Explosives Equipment Co., Ltd., using this subsidiary as a base to expand into surrounding countries and actively participate in mineral development projects to contribute to Africa's economic development. In South America, the group acquired and integrated Peru's Southern Explosives Company into "HANDAR EXSUR," successfully entering the local market and increasing its market share and competitiveness. Additionally, the group is actively negotiating and collaborating with countries such as Georgia, Ecuador, Cambodia, Malaysia, and Mongolia. The group will fully leverage its advantages in technology, products, and services, working with international partners to jointly promote the globalization of the civil explosives industry and contribute to global infrastructure construction and economic development.