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Celadon was incorporated in the British Virgin Island on May 11, 2015 for the sole purpose of acquiring the air purification division from HSG to effect the spin-off. Celadon acquire the air purification division from HSG on June 10, 2015.Celadon markets, distributes and sells filtered and sterilized air purification applications to address the indoor air quality market in China. Air purification has numerous valuable characteristics for applications in the indoor air quality market, including moving air and gases at high velocities while filtering odors, smoke and particulates and sterilizing air from bacteria and virus contamination.