Guanfu Holding Co., Ltd. Announces Management Changes

Hubei NengTer Technology Co Ltd, formerly Guanfu Holdings Co Ltd, is a China-based company principally engaged in the production and processing of pharmaceutical intermediates. The Company primarily operates its businesses through four segments. The Plastic Trading E-Commerce segment is mainly engaged in commodity trading business. The Asset Management Factoring segment is mainly engaged in commercial factoring business. The Pharmaceutical and Chemical Industry segment is mainly engaged in the business of pharmaceutical intermediates and vitamin E. The Mining segment is mainly engaged in the gold mining business. The Company is also involved in park operation, selling materials and financial leasing. The Company distributes its products within the domestic market and to overseas markets.