Qihong Yuan

Company is incorporated under Nevada law on November 2, 1992. At formation, it had intended to develop a park that would have mobile home trailers of high quality construction, and to form a subsidiary that would serve as the general partner of a limited partnership which was to be a developer and builder of one or more mobile home parks in Southern California. Between November 2, 1992 and approximately March 31, 1993, it investigated certain business opportunities but did not commence any activities in connection with its development and building activities. As at December 31, 1993, all funds raised by the sale of shares in order to fulfill its initial objective had been expended and thereafter became dormant. From February 1, 1993 until the present, they were inactive and could be deemed to be a so-called 'shell' company, whose only purpose at this time is to determine and implement a new business purpose. They are a development stage company that has not generated any revenue. Its mailing address is P.O. Box 031-088, Shennan Zhong Road, Shenzhen City, P.R.China 518031 its telephone number is 011-86-21-61050200