CAQ Holdings Limited, formerly Cell Aquaculture Limited, is an Australia-based company that focuses on property development and management. The Company is engaged in the business of exploiting the Hatch to Dispatch aquaculture system. The Company's Haikou Free Trade Zone Project (the Haikou Project) is located in the Haikou Integrated Free Trade Zone, within the Laocheng Economic Development Zone, Haikou Master Planning and is adjacent to Macun Port. The Haikou Integrated Free Trade Zone is located near downtown Haikou, Hainan Island, China. The Company owns approximately 44,020 square meters property in the Haikou Integrated Free Trade Zone on Hainan Island, on which several multi-story buildings containing factories, warehouses, a commercial administration building and a retail complex with a total area of approximately 87,165 square meters.