Xianfeng Services Group Limited (Hong Kong Stock Exchange stock code: 00500) and its subsidiaries (collectively, the “Group”) are mainly engaged in providing aviation and logistics services, advertising agency services and online financial market information. The Group has just completed the acquisition of Frontier Services Limited, which plans to use the capabilities of Kijipwa Aviation Limited (a Kenyan airline and logistics provider with 49% interest) to provide logistics, aviation and risk management services to international companies operating in the natural resources industry in East Africa, and gradually diversify its aviation business to other logistics-related services in Africa, including ground transportation, maritime services, security services and exploration support services. The Group also holds uncontrolled direct investments in a number of information technology companies whose business includes the development and operation of online games for the Internet and mobile phone networks.
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