About GREAT WORLD Company

The main business of Shida Holdings Co., Ltd. is engaged in mineral resources, iron ore mining and refining, and real estate projects in China. Ms. Wu Meiqi took control of Shida Holdings in 2007, became the group chairman, and introduced a management team with rich investment and professional experience. Under the leadership of Ms. Wu, the new management adopted a pragmatic policy as the development path and investment strategy of the group company. As the Group began to expand its business portfolio by exploring various business opportunities, the group name was changed to “Great World Company Holdings Ltd.” on November 5, 2008, and a new Chinese name “Shida Holdings Limited” was adopted to highlight its diversified business development. At the special general meeting of shareholders of the Company held on December 24, 2008, it was approved to acquire 51% of the share capital interest in Fengshan County Qianxing Mining Co., Ltd., and successfully completed the acquisition of the remaining 49% share capital interest in January 2011, making it a wholly-owned subsidiary. This move helped the Group enter the mining and iron ore sales business, and is one of its strategies to diversify into the mineral resources business. This new mining business with long-term investment value will not only expand the Group's revenue streams, but also help promote the Group's overall development. At the Extraordinary General Meeting of Shareholders of the Company held on April 27, 2011, it was approved to acquire 100% of the share capital interest of Lingfeng Zhihui Holdings Co., Ltd., thereby owning a commercial and residential dual-use property located in the central city of Leshan, Sichuan Province, China. This move helped the Group develop the business of real estate projects in China.