About PERFECTECH INTL Company

Weifa Group was founded in 1978. The group was 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. Later, in 1983, a production facility was set up in Zhuhai, South China to design and produce fun products 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, retaining only the marketing and administrative departments in Hong Kong, China. Currently, the Group's production facilities are all located in Guangdong Province, namely Shenzhen, Zhuhai and Zhongshan, employing more than 3,000 employees and a plant area of over 1,000,000 square feet. In October 1992, the Group was successfully listed on the Hong Kong Stock Exchange 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 group of companies engaged in the production of toys and consumer products, plastic injection molding, and the provision of accurate injection and assembly technology 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 materials, and (IV) toy products, with an annual turnover of approximately 52 million US dollars. In order to make good use of the available cash on hand, the Group has more than ten years of experience investing in the securities of many listed companies and is trading to earn capital gains from the value of the securities. Additionally, the Group may use its cash on hand to invest in other types of investments aimed at increasing value for shareholders. However, this must be carried out in strict accordance with the guidelines for investment transactions. Details are posted on the company's website at www.perfectech.com.hk.