About GREAT WORLD Company

The main business of Shida Holdings Co., Ltd. is engaged in projects such as mineral resources, iron ore extraction and refining, and real estate in China. Ms. Wu Meiqi obtained control of Shida Holdings in 2007, became the group chairman, and brought in a management team with rich investment and professional experience. Under Ms. Wu's leadership, the new management adopted a pragmatic approach as the development direction 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 the new Chinese name “Shida Holdings Limited” was adopted to highlight its diversified business development. At the special shareholders' meeting of the Company held on December 24, 2008, it was approved to acquire 51% of the equity interest of Fengshan Qianxing Mining Co., Ltd., and successfully completed the acquisition of the remaining 49% of the equity 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 for diversifying into the mineral resources business. This new mining business, which has long-term investment value, will not only expand the Group's revenue stream, but also help drive the Group's overall development. At the Company's special shareholders' meeting held on April 27, 2011, approval was granted to acquire 100% of the equity interest of Lingfeng Zhihui Holdings Co., Ltd. to own a commercial and residential dual-use property located in the central urban area of Leshan, Sichuan Province, China. This move helped the Group develop the business of real estate projects in China.