About PERFECT GROUP Company

Established in 1985, Baofa Group International Holdings Limited (“Baofa Group” or “Group”) is one of the leading manufacturers and wholesalers of high-quality jewelry. It has a history of over 30 years of operation in Hong Kong, China, and has a strong reputation. The Group is mainly engaged in product design, manufacture and sales. The products are mainly high-grade (diamond-encrusted) jewelry. According to the IPSOS report, in terms of total revenue, the Group ranked second in the high quality jewelry manufacturing and export industry in the Hong Kong Premium Jewelry Retail Division in 2014. Baofa Group has two offices, one in Hong Kong, China and one in Dubai. The Hong Kong office, China, acts as a bridge between customers and the Group's design, production and sales team, while the Dubai office is a sales and logistics hub for the Middle East and nearby regions. All jewelry production procedures are carried out at the Group's Baofa factory in Shunde, Guangdong Province, China. In February 2017, the Group successfully invested in a land area of about 150 acres in Lunjiao Street, Shunde District, Foshan City, Guangdong Province, with a total construction area of more than 0.3 million square meters to build the Guangdong Baofa Jewelry Industry Center, striving to build a green intelligent industrial zone covering production and processing, display and trading, living facilities, education and research and development, and public services.