About PERFECTECH INTL Company

Wafer Group was founded in 1978. The group initially engaged in the design and manufacture of plastic packaging products for manufacturers based in Hong Kong. By 1981, the group expanded its production line to include wall decorations, party supplies, masks, etc. Then, in 1983, a production facility was set up in Zhuhai, located in South China, to design and produce fun items for celebrations, and Christmas and other holiday decorations were added the following year. The group expanded again in 1988 and moved all production lines to mainland China, leaving only marketing and administration departments in Hong Kong, China. Currently, the Group's production facilities are all located in Guangdong Province, namely Shenzhen, Zhuhai and Zhongshan. They employ more than 3,000 employees and have a plant area of over 1,000,000 square feet. In October 1992, the Group was successfully listed on the Stock Exchange of Hong Kong Limited. Since then, through acquisitions and mergers, the Group has once again expanded into the production business of printed products, corrugated boxes, color ingredients, etc., as well as trade in PVC film and plastic raw materials. By the end of 2003, the Group had successfully acquired a portfolio of companies engaged in the production of toys and consumer products, plastic injection molding, and the technology for providing precise injection and assembly for such molds. In 2009, the Group's business was divided into four major categories: (I) fun boutiques and holiday decorations, (II) packaging products, (III) trade in PVC and plastic raw materials, and (IV) toy products, with an annual turnover of about 52 million US dollars. In order to make good use of the cash available at hand, the Group has over ten years of experience investing in securities of many listed companies, using trading to earn capital gains worth the securities. Furthermore, the Group may use its cash on hand for other types of investments aimed at increasing value for shareholders. However, this action must be carried out in strict accordance with the guidelines for investment transactions. Details have been published on the Company's website at www.perfectech.com.hk.