CIL Holdings Limited agreed to acquire Hua Hong Construction And Engineering Co., Ltd from Fangchenggang and Li Chengyu for CNY 0.2 million.

CIL Holdings Limited is a Hong Kong-based investment holding company principally engaged in communication products, electrical appliances and financial businesses. The Company operates through four segments. Server Storage, Multi-media and Communication Products segment is engaged in the distribution of server storage, multi-media and communication products in Hong Kong. Rice Cooker and Household Electrical Appliances segment is engaged in the distribution of rice cookers and household electrical appliances to Southeast Asia. Money Lending segment is mainly engaged in money lending operation in Hong Kong. Investments in Securities segment is mainly engaged in the trading of securities and the holding of equity investments for dividend income and capital appreciation.