Magic Empire Global Limited (NASDAQ: MEGL), a Hong Kong-based financial services company, announced plans to expand into international commodity trading and supply chain finance, establishing what it describes as a dual-core business model.

The company has formed a wholly-owned subsidiary, Lunar Haste International Trading Limited, incorporated in Hong Kong, to operate the new business segments. The commodity trading arm will focus on hardwood logs, sawn timber, iron ore, thermal coal, and metallurgical coal, targeting buyers in the United States, Europe, and the Asia-Pacific region. The supply chain finance segment will offer pre-export financing, inventory and warehouse receipt financing, receivables financing, and letter of credit facilitation to suppliers and buyers in the commodity sector.

According to the announcement, the company has completed its first commodity trading transaction through Lunar Haste International Trading Limited in the fourth quarter of 2026.

Magic Empire Global states it has established partnerships with producers, mine operators, timber mills, and end buyers across North America, Europe, and Africa. The company's management team claims more than 30 years of experience in commodity trading at multinational firms.

"By pairing that industry expertise with MEGL's financial services capabilities, we can offer our partners both reliable trading channels and tailored financing," said Mei Wang, CFO of Magic Empire Global. "Commodity trading and supply chain finance will be the two pillars of MEGL's growth going forward."

The company noted that financing solutions will be provided through licensed entities or in cooperation with licensed financial institutions where required, subject to applicable laws and regulations.