Shu Liang Yu

Part of Yueshou Environment Group Ltd., Guangzhou Yueshou Industry Co., Ltd. is engaged in environmental protection, forestry, and logging business. The company is based in Guangzhou, China. Guangzhou Yueshou Industry Co. was acquired by Yueshou Environment Group Ltd. on March 30, 2007.

China Gem Holdings Ltd. is an investment company, which engages in the property development and forestry plantation business. It operates through the following business segments: Money Lending, License & Financial Service, Strategic Financial Investment, and Property Development. The Money Lending segment involves the money lending business in Hong Kong. The License & Financial Service segment involves advising on securities and asset management regulated activities, and consultancy and administrative service income of fund portfolio, corporate development strategy consulting, and project management consulting. The Strategic Financial Investment involves the financial products managed by fund managers. The Property Development segment involves the development of property, the management and rental of units and shops within a shopping arcade and the sales of residential units in the PRC. The company was founded on June 29, 1994 and is headquartered in Hong Kong.