About HING YIP HLDGS Company

The main business of China Industrial Holdings Limited is property development and investment, hotel management and investment holding. The Group is committed to product process improvement and technological innovation to improve product quality and added value, meet market demand for products, and develop in the direction of product diversification and opening up new markets. In 2011, the Group decided to discontinue all board business, and production of all board products was completely stopped in late December 2011. Since the Group's original core business has been terminated, the Group's future operations will focus mainly on the investment and development of other existing businesses - hotel investment, management and real estate projects. In view of the current state of the domestic real estate market, the company will make full use of sufficient cash resources to focus its investment in real estate mainly on commercial real estate, hotels and real estate, industrial carriers, tourist real estate and health, leisure and pension real estate, etc., and actively create conditions to strengthen the existing hotel management business and competitiveness around the above real estate projects, and at the same time develop other corresponding real estate service industries, such as real estate property management and health, leisure and old-age services, etc., to achieve a smooth transformation of the group and create value for shareholders.