Shenzhen Kaifa Technology Co., Ltd

Shenzhen Kaifa Technology Co., Ltd (hereinafter referred to as “Kaifa”) was established in 1985, and was listed on Shenzhen A Stock Exchange in 1994.With Great Wall Technology Co., Ltd. (listed on The Stock Exchange of Hong Kong Limited)being its controlling shareholder, Kaifa is a subsidiary of China Electronics Corporation(CEC). Kaifa is specializing in the R&D, sales and manufacturing services. Kaifa products and services include but not limited to, Head Stack Assembly(HAS), Metering products, Fiscal Cash Register(FCR)products, Multimedia products, and Memory products. Kaifa has branches and R&D teams in Hong Kong, Singapore and the US. The revenue for 2007 was US＄1.6 billion, and its net assets reached US＄451 million. *The second largest manufacturer of HAS world wide *The first and largest manufacturer of AMR Meters in the world *One of the largest FCR R&D and manufacturers in China *One of the pioneer in High Definition products R&D and manufacturing in China