China Fortune Holdings Limited (China Fortune) is an investment holding company. The Company distributes mobile phones and digital products in the People’s Republic of China (PRC). The Company operates in two segments: Mobile phone business and Mining business. The principal activities of the Company, along with its subsidiaries, include the distribution and trading of mobile phones and related accessories, development of marketing and after-sales service network, and mining and processing of celestite, zinc and lead minerals. The mining right represents the right of Sifa Mining to conduct mining activities in the location of Huangshi in Hubei in the PRC. The Company’s operations are located in the PRC and Hong Kong.