2016-12

We entered into a strategic joint venture with two PRC wealth management companies, namely Juzhou Asset Management and Yinghan Asset Management and established Hengqin Huixun Asset Management Co., Ltd.*(橫琴滙勛資產管理有限公司), with the   major objective to   develop distressed asset investment projects. Hengqin Huixun Asset Management Co. Ltd. is owned as to 40%, 40% and 20% by our Company, Juzhou Asset Management and Yinghan Asset Management, respectively.