OCT (Asia) (3366.HK), formerly known as Huali Holdings (Group) Limited), which was listed on the Main Board of The Stock Exchange of Hong Kong Limited on 2 November 2005, is a leading group in the design and manufacture of quality corrugated paperboard and packaging products in the PRC. Since its first factory was established in 1985, the Group has expanded its production facilities into Shenzhen, Shanghai, Zhongshan and Huizhou. Its diverse customer base comprises large-scale domestic companies and the PRC arms of multinational corporations engaged in different industries. Its extensive sales network covers the Pearl River Delta and Yangtze River Delta of Mainland China. Currently, the Group indirectly holds a 25% equity interest in Chengdu OCT. Owing to the leading position in paper packaging industry, the South China Packaging R&D and Testing Center of Paper Products is set up at its subsidiary in Shenzhen by China Packaging Association. This subsidiary was also the chief drafting unit involved in the formulation of the national standards for corrugated paperboard containers for transportation and packaging purposes, which came into effect in October 2008.