Andatee China Marine Fuel Services Corporation (Andatee) operates its business through its subsidiaries. Its subsidiaries include Goodwill Rich International Limited (Goodwill), Dalian Fusheng Petrochemical Company (Fusheng), and Fusheng�s variable interest entity (VIE), Dalian Xingyuan, and Dalian Xingyuan�s subsidiaries (Dalian Xingyuan and its subsidiaries being collectively referred to as the VIE entities). Through these VIE entities, the Company is engaged in the production, storage, distribution and wholesale purchases and sales of blended marine fuel oil for cargo and fishing vessels with operations mainly in Liaoning, Shandong and Zhejiang Provinces in People�s Republic of China. As of December 31, 2011, Andatee sold approximately 57.06% of its products through distributors and approximately 46.94% to retail customers.