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| Guangzhou Yue Xiu Enterprises Holdings, established with the sanction from
the Guangzhou Municipal People's Government and having registered with the Guangzhou
Administration for industry and commerce, is a stateowned Corporation Guangzhou Yue Xiu Enterprises Holdings is composed with the following enterprises: Parent corporation : Guangzhou Yue Xiu Enterprises (Holdings) Corporation : Dauahter companies : Guangzhou Yue Xiu Trade Company. Guangzhou Yue Ciu Trade & Development Company, Guangzhou Yue Xiu Industrial Company. Guangzhou Yue Xiu Xing Ye Company. Guangzhou Yue Xiu Oriental Company, Guangzhou Yue Xiu Footwear & Headwear Company, Guangzhou Yue Xiu Yue Fa Company, Guangzhou Yue Xiu Finance Company, Guangzhou Yue Xiu Warehouse & Transportation Comapny, Yue Xiu Hai Nan Development Co. Ltd. : Grand-daughter Companies : Guangzhou Yue Ying Finance Development Co., Guang Ya Xuan Jewellry & Antique. South House Property Industry Co. Ltd., Kin Wai Property Development & Industrial Co. Ltd., Suzhou Liuling Electronics Co. Ltd., Guang Yue Electronics Co. Ltd., Guangzhou Fair Wood Fastfood Co. Ltd., Parkview Square, etc. Guangzhou Yue Xiu Enterprises (Holdings) Corp. is originally a middle scale local foreign trade enterprise and now it has developed into a group (holding) corporation. Since the implementation of the policy of Reform and Opening to the Outside World. the corporation has been growing continuously and maintains a large increase of economic benefits for consecutive years. It has been honoured by the MOFTEC as one of the 500 enterprises which contribute greatly to the earning of foreign exchange for the country. The corporation insists on the policy of "Center on foreign trade while strive toward comprehensive development". Import and export trade is the main business of the corporation and after years of expansion, It has established. markets in HongKong, Japan, the U.S.A. and Europe for its export commodities including footwear, clothing. household electrical appliances. textiles. etc. The Corporation also engages in property development, Investment in factories, and financing. etc. and has achieved satisfactory economic benefits in these fields. |
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