ShangHai Lian Hua Fibre Corporation is principally engaged in property development and distribution. The Company operates its businesses primarily through the operation and leasing of commercial property projects, the development and distribution of residential communities, as well as the construction and leasing of industrial factories. The Company operates its businesses primarily in Shanghai and Qingdao, Shandong province, China. As of December 31, 2009, the Company had three subsidiaries/affiliates, which were involved in property development and distribution, as well as import and export trading. On August 26, 2009, its one Shanghai-based trading subsidiary conducted the bankruptcy liquidation process.

(From Reuters)ShangHai Lian Hua Fibre Corporation is principally engaged in property development and distribution. The Company operates its businesses primarily through the operation and leasing of commercial property projects, the development and distribution of residential communities, as well as the construction and leasing of industrial factories. The Company operates its businesses primarily in Shanghai and Qingdao, Shandong province, China. As of December 31, 2009, the Company had three subsidiaries/affiliates, which were involved in property development and distribution, as well as import and export trading. On August 26, 2009, its one Shanghai-based trading subsidiary conducted the bankruptcy liquidation process.