About ANXIANYUAN CH Company

An Xianyuan China Holdings Limited (00922, HK) was the first mainland funeral service company listed on the Hong Kong Stock Exchange. The company's project management headquarters is located in Hangzhou. The group includes a series of companies and service products such as cemeteries, ceremonial services, and funeral supplies sales. Anxianyuan China relies on branches in Beijing, Hangzhou, Shanghai, and Hong Kong. The operating framework has been initially formed, and plans to continue to expand within the next two years, covering East China, South China and North China, as well as regions with strong economic development and population aging trends, to form a large-scale strategic investment layout. According to a recent financial report released by Anxianyuan China, in the 12 months ending March 31, 2014, Anxianyuan China achieved revenue of HK$157 million and achieved gross profit of HK$62.634 million; gross margin remained at a high level of around 35%. During the 2013-2014 fiscal year, the Group made a series of strategic adjustments to its business operations and successfully achieved the overall profit target set by the Group in early 2013.