Magic Empire Global Expands with International Subsidiary and Commodity Trading Focus

Magic Empire Global announced a strategic initiative to expand into international commodity trading and supply chain finance. The company established a wholly-owned subsidiary in Hong Kong, named Lunar Haste International Trading Limited, to manage this expansion. The company's new business model centers on commodity trading and financial services.

The company will focus on cross-border trading of commodities including hardwood logs, sawn timber, iron ore, thermal coal, and metallurgical coal. The target markets for these products are buyers in the United States, Europe, and the Asia-Pacific region. Financial services offered include various supply chain financing solutions like pre-export and receivables financing.