About ECO-TEK HLDGS Company

Huankang Group Co., Ltd. (Huankang) was founded by Dr. Jiang Lili in 1999. It is committed to researching and developing a number of practical and economical environment-related products and services to improve increasingly serious environmental pollution problems. Huankang was successfully listed on the GEM board of the Hong Kong Stock Exchange Limited through placement. The shares were officially traded on the GEM on December 5, 2001, stock code 8169. In July 2001, Huankang was awarded the “Silver Award for Newly Established Small and Medium Enterprises” from Hong Kong Productivity Promotion and the Hong Kong General Chamber of Commerce, praising it as an outstanding new small and medium-sized enterprise in Hong Kong. Environmental Health aims to become a major supplier of environmentally friendly products and services in Hong Kong and other overseas markets. Its products target all types of pollution, including air, sound, oil, water, and waste. In addition to having a professional R&D team, it also cooperates with the Hong Kong Polytechnic University and academic research institutes in Hong Kong, Japan and Europe to work together to protect the environment and launch low-cost high-tech environmentally friendly products. In addition to the products already on the market, the products already on the market include environmental protection, platinum gas purification, ion air purifiers, ion water purifiers, suction filters and line filters (two of the three types of hydraulic filters that the Group has developed or is developing). In December 2005, the Group began to engage in tap water business in Tianjin. After 18 months of comprehensive construction work, the Group has completed the construction of a tap water plant with a daily purification capacity of 50,000 tons. In the second half of 2007, the plant began supplying tap water to the region. In 2007, the Group concentrated its marketing efforts on promoting its industrial environment-related products and expanding its customer base to the shipping and construction industry. In 2008, management will continue to expand into other industries such as casting, forging and porcelain pressing. As far as the joint venture in Jiangsu Province is concerned, after the first year of comprehensive marketing work, the joint venture began to provide environmental consulting services and solutions to the region. In view of the continuing increase in revenue generated from industrial environment-related products and the additional revenue generated by tap water plants, the Group's management is very optimistic about the Group's prospects for next year.