About CHINA FORTUNE Company

China Changyuan Holdings Limited (“China Changyuan” or the “Group”) (formerly known as Changyuan Telecom Network Group Co., Ltd.) mainly sells and distributes mobile phones and digital products in the People's Republic of China (“China”). The Group was established in Hong Kong in 1992. It was first listed on the Hong Kong Stock Exchange Limited GEM (stock code: 8040) on February 16, 2000, and successfully transferred to the Main Board on January 26, 2004 (stock code: 110). The Group has a strong shareholder background and a dedicated professional management team. In 2007, the Group acquired Zhuhai Leimingda Communications Equipment Co., Ltd., a company that sells mobile phones and telecommunications equipment in China. In 2009, the Group acquired a strontium mine in China as its first step in entering the natural resources industry. In 2019, Beijing Flying Eagle was recorded as a subsidiary of the Company, and Beijing Flying Eagle's performance can be consolidated into the Group's accounts. The Group enters the used mobile phone and mobile phone application market in China. In 2020, the Group withdrew from the used mobile phone and mobile phone application market in China. Beijing Flying Eagle is no longer recorded as a subsidiary of the Company and is recorded as an associated company of the Company. In 2021, the Group entered the database traffic monetization business for automatic eco-friendly bag pickers and mobile phone applications (known as Beijing Pocket Manager) in China. Combining Chinese and Western culture with traditional and modern management philosophy is the Group's corporate culture to achieve the purpose of “focusing on the long term and improving every day”. “People-oriented, enterprise as home” is China's long-term enterprise spirit. Under the leadership of an energetic and courageous management, all employees of China will unite to implement the Group's goals and become one of the largest and best wireless communication and data product service providers in the region.