Pizu Group Holdings Limited is a Hong Kong-based investment holding company primarily engaged in the manufacture, trading, and sale of civil explosives, as well as related blasting operations. Operating mainly in the People's Republic of China and Tajikistan, the company serves the mining and construction sectors by providing explosives and blasting services essential for mineral extraction and infrastructure projects. In addition to explosives, Pizu is involved in the trading of bulk minerals, including non-ferrous metals such as pyrite, iron ore, and copper. The group maintains qualifications for both explosive production and blasting operation, positioning it as a leading and specialized player within the civil explosives industry. Since its establishment in 1997, and following a shift in strategic focus and ownership in 2012, Pizu has expanded its core businesses and seen substantial growth in turnover and profitability. The company integrates upstream mining activity with downstream explosives manufacturing and related technical services, making it a significant entity in the Basic Materials sector with a regional footprint in China and Central Asia.