After six years rapid developm

ent, Guanghong has achieved a five-year profit increment of above 21%. Its yielding rate of net assets is even higher than the excellent standard of large enterprise nation wide, with the value of state-owned assets preserved and increased by over 115%. Guanghong therefore has been awarded excellent for 5 years by Guangdong provincial government and the Supervision and Management Committee of State-owned Assets. Guanghong Assets Management Company, Ltd is now a top 200 enterprise in China and top 50 in Guangdong Province.

Guanghong has competitive advantages, especially in food, medicine, international trade, education publication as well as real estate construction. Guanghong has built up good relationship with commercial banks and enjoys a high credit reputation. Guanghong has flexible managerial mechanism, high efficiency and a management team with ambition and high managerial skills, which found a sound basis for the continuous rapid development of the company.

Guanghong now prioritizes in thress business scope, namely medicine, food and international trade that are believed to be now growing fast in China and have a broad market expectation.

The medicine industry covers wholesale for both traditional and western medicines, pharmaceutical manufacturing, medical appliances, chain-store retail sales and import and export business. Guandong Bencao Chain Store Ltd which belongs to the Medical Group is a leading medical chain-store supported by provincial government, running more than 720 pharmacy retail stores all over China. Moreover, taking advantages of its market network, the company has set up medical processing and manufacturing factories in Yunnan and Guizhou Province by mergers and acquisitions.

In the area of food, Guanghong is building up an industry chain of refrigeration and procession, grain & cooking oil, feed manufacturing and trading. With the largest refrigerator in South China, the food group enjoys the largest share in Guangdong frozen-meat market, ranking top 50 in China. In feed industry, Guanghong boasts such famous brands as “Jia Le”, “ Wang Xiang” and “San Bao”, the quality of which has reached high standards. Those products have been awarded the highest award, the National Silver Medal in national feed industry. In grains & cooking oil area, great efforts have been made in developing chain-stores, manufacturing and processing. Having built up the nation-wide net work, competitiveness of the grain and cooking oil industry has increased.

In the area of international trade, Guanghong focuses on trading copper, ferro-alloys, zinc ingot, chemical raw material, home appliances, clothing and toys. The international group has become a big trading group with considerable influence in its business fields.

Following the enterprise’s spirits, “Creativity, Fortitude and Ambition”, Guanghong Assets Management Company Ltd is advancing towards an enterprise that is full of creativity and with high operation efficiency,