Phoenitron Holdings (Phoenitron Holdings) is a comprehensive company registered and listed in Hong Kong. Its mission is to properly utilize the capital and unique investment opportunities obtained by the company to provide shareholders with stable and favorable income and profits. Pinchuang consists of three major business divisions, including smart card manufacturing services, investment services, and resource recovery investments. The company is headquartered in Hong Kong, China, and its holding companies and investments span the Greater China region. Jinda Card, which is wholly-owned by Pinchuang, has more than 15 years of professional experience and is the world's top one-stop smart card manufacturer. Jinda Card's factories in Shenzhen and Beijing can produce more than 400 million smart cards every year, including contact smart cards, contactless smart cards, and dual-interface smart cards that have both. The annual production capacity for integrated circuit packaging tests that will be put into operation this year exceeds 500 million. The plant has advanced car-based printing, tank washing, packaging and personalized processing equipment, as well as module packaging production equipment. It provides advanced equipment, strict product management system, comprehensive after-sales service, and has a large management team with experience in industry management and technical development, and employees with a cooperative spirit. The Group is loved by customers around the world and in China due to its stable quality and reasonable prices. Fine Wise Holdings, a wholly-owned subsidiary of Pinchuang, is an investment holding company. Its business focus is mainly on business opportunities in the recycling and resource industry in China; public awareness and policies to protect and properly use limited resources have made us an emerging industry and company focusing on environmental protection and sustainable benefits. Fine Wise's main asset is Hota, which has obtained permission from the Chinese government to import end-of-life vehicles to process and recycle reduced metals. Hota, founded in 2007 by a team of experts in the automobile manufacturing and recycling industry, has now obtained permission to import up to 600,000 scrapped cars every year, and is expected to start operating an advanced dismantling and crushing plant in Zhangjiagang by the end of 2011; Hota also deals in international transactions for specific end-of-life vehicle components. Fine Wise will continue to seek future investment opportunities in the resource and recycling industry Pinchuang provides financial assistance to its subsidiaries to meet their capital increase needs and accelerate international expansion. The company is also actively seeking investment opportunities, using Pinchuang's listed company experience to lead promising private companies to expand and improve capital conditions. The goal of this business division is to enhance the company's long-term earnings and growth prospects for Pinchuang shareholders.
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