China Renyuan International, Inc. Stock price

Equities

CRNY

US1689151066

Specialty Chemicals

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China Renyuan International Inc (CRI), formerly Internet Acquisition Group, Inc., was a development stage company. The Company's business is principally that of its wholly owned subsidiary, Renyuan Bio-Chemicy Co. (Renyuan Bio-Chemicy). Renyuan Bio-Chemicy is a technology biochemical enterprise. Renyuan's business is the research, production and management of chemicals, bio-pharma and pharmaceutical intermediates. The Company was focused on acquiring an existing Internet-based businesses and achieve economies of scale and develop cross-marketing opportunities between these businesses. It is focused on developing Internet based businesses. On September 27, 2007, the Company and China Renyuan International, Inc. entered into a share exchange and reorganization agreement, pursuant to which CRI became the Company's wholly owned subsidiary. CRI's principal asset is its wholly owned subsidiary, Renyuan Bio-Chemicy.
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