Horrison Resources Inc. (HRSR)
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Horrison Resources Inc. Profile
| Household Products Industry | Consumer Staples Sector | Nee Seng Yap CEO | OTC PINK Exchange | 44069Q108 CUSIP |
| HK Country | 2 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Horrison Resources Inc. is a company that, as of now, does not engage in significant operational activities. Its current focus is on exploring various business opportunities in both Asia and the United States, aiming to expand its footprint by venturing into new markets and sectors. The company has shown a particular interest in acquiring entities involved in wholesaling agar wood, signaling a strategic pivot towards the luxury goods sector. This interest marks a significant shift from its previous operations, which involved providing home furniture and closet organizing systems. The evolution of its business model is further emphasized by its change of name; formerly known as Sichuan Leaders Petrochemical Company, it rebranded to Horrison Resources Inc. in April 2018. Founded in 2000 and based in Kwun Tong, Hong Kong, the company’s strategic redirection reflects its pursuit of diversification and growth in new industries.
Products and Services
- Exploration of Business Opportunities: Horrison Resources Inc. is currently engaged in identifying and exploring diverse business opportunities across Asia and the United States. The company is in pursuit of ventures that align with its strategic goals, particularly focusing on sectors that offer substantial growth and profitability potential.
- Acquisition of Agar Wood Wholesalers: A significant part of its current strategy involves the acquisition of companies that deal in the wholesale of agar wood. Agar wood is known for its rich scent and is highly valued for use in perfumes and incenses, especially within luxury markets. This indicates Horrison Resources Inc.'s intention to carve a niche for itself in the luxury goods sector, representing a notable pivot from its prior focus areas.
- Prior Operations in Home Furniture and Closet Organizing Systems: Before its rebranding and shift in operational focus, Horrison Resources Inc. was engaged in the provision of various home solutions, including furniture and closet organizing systems. This highlights the company's historical foundation and expertise in product design, manufacturing, and retail, although it has since shifted away from this sector.
