Qingdao Xinmeixiang Foods Co., Ltd. assets are approximately USD5,000,000, and total investment is approximately USD10,000,000. The factory area is 7,920 square meters, and the company occupies an area of 8,000 square meters. At present, there are 260 employees. Our company is conveniently situated near fruit fields and vegetable farms providing us easy access and allowing for the quick and efficient transportation of goods.

Currently, we mainly produce frozen and dried vegetables, frozen and dried fruits and IQF fruits and IQF vegetables. We also do our own processing. At the same time, affiliated companies Hubei Hualian Foods Co., Ltd. and Hubei Xinmeixiang Foods Co., Ltd. produce a range of other related frozen and dried sea foods, as well as soups. Products are marketed not only in China but are exported to more than 10 countries in Asia, Europe and America.

Our advanced production equipment includes such machinery as complete quality-control testers and media for physical, chemical and biological testing. We have recently added to our five production lines an IQF plant for an increased capacity of 1,500 metric tons, plus a processing capacity of 25 metric tons per day. Furthermore, we have approximately 6,667,000 square meters of carefully managed strawberry patches. In addition to current capacity, we plan to build additional factory space in the spring of 2005, allowing us to increase capacity eightfold.

We welcome any questions or inquiries you may have, and sincerely look forward to hearing from you soon.