Yantai Xinchao Industry Co., Ltd is principally engaged in property development and distribution, the provision of construction and installation services, as well as the manufacture and distribution of electronic components. The Company operates its businesses through property business, which includes development and distribution of villas, apartments and garden houses; electronic component business, which primarily offers cables, as well as construction and installation services. The Company operates its businesses primarily in China, with Shandong province as its major market.