Huai Zhen Yang

Sanpower Group Co., Ltd. engages in the manufacture of consumer electronics, optical cables and software. It also operates electronic stores and invests, develops real estate; core industries include retail and trading, information services, culture and media, real estate and financial investment. The company was founded in 1993 and is headquartered in Nanjing, China.

Jiangsu Hongtu High Technology Co., Ltd. engages in the operation of customer, company, and competitors (3C) retail chain, industrial manufacturing, art auction, and real estate development businesses. Its 3C retail chain business is involved in the management of online and offline retail chains. Its Industrial Manufacturing business offers wires and cables, fiber optic cables, and micro printers. Its Art Auction business auctions modern and contemporary calligraphies and paintings, porcelains and jades, jewelries, and sculptures. Its Real Estate Development business develops and sells commercial and residential properties. The company was founded in October 1997 and is headquartered in Nanjing, China.