Polytec Asset Holdings Limited an investment holding company. The Company operates in four segments: properties investment, trading and development related activities (Properties); oil exploration and production related activities (Oil); manufacturing of ice and provision of cold storage and related services (Ice and Cold Storage), and financial investment and related activities (Financial Investments). Operations are carried out in the People鈥檚 Republic of China, including Hong Kong and Macau. The Company鈥檚 parent company is Marble King International Limited and ultimate holding company is Polytec Holdings International Limited. Its subsidiaries include City Power Services Limited, Newcott Limited, Noble Prime International Limited, Power Charm International Limited and Power Mighty Limited. In July 2010, the Company acquired Caspi Neft TME.