Man Yu Tse

The Group's principal activity is that of an Investment Holding Company. The objective of the Group is to achieve long term capital appreciation through investing in enterprises primarily in the Guangdong Province of the People's Republic of China, largely by taking significant minority interests in unlisted equity and contractual joint ventures. Investment management services are provided by Guangdong Investment Management Ltd for a fee calculated at 2.5% per annum of the value of assets invested in unlisted companies and at 0.75% of the value of the remaining assets payable quarterly in arrears.

Part of Larry Jewelry International Co. Ltd., Tung Fong Hung Investment Ltd. is a company that manufactures and sells Chinese pharmaceutical health and food products. The private company is based in Hong Kong, Hong Kong. Tung Fong Hung Investment was acquired by Fame Treasure Global Ltd. from Master Journal Ltd. on August 22, 2016 for $77.32 million.

Hong Kong Institute of Certified Public Accountants operates under the professional accountant’s ordinance and works in the public interest. It offers CPA qualification programme and promulgating financial reporting, auditing and ethical standards in Hong Kong. The company was founded on January 1, 1973 and is headquartered in Hong Kong.

Guangdong Investment Management Ltd. provides investment management services and is ultimately controlled by the Province of Guangdong. The private company is based in St. Helier, UK.