China Precious Metal Resources Holdings Co., Ltd. is an investment holding company. The Company, along with its subsidiaries is principally engaged in mining and processing of gold mines and sale of gold products in the People鈥檚 Republic of China. As at December 31, 2010, the Company owned and controlled gold reserves and resources of 152 tons in total in Inner Mongolia, Yunnan and Henan, and held 12.55% interest in an Australian gold mining company. On November 5, 2010, the Company acquired Mojiang County Mining Co., Ltd (Mojiang Company). On November 8, 2010, the Company acquired Decent Connection Overseas Limited (Decent) and its subsidiaries. On December 28, 2010, the Company acquired Wah Heen Holdings Limited and its subsidiaries. During the year ended December 31, 2010, the Company discontinued the production and sale of small pack edible oils, trading of edible oil and related products in the People鈥檚 Republic of China.