ZheJiang China Light & Textile Industrial City Group Co., Ltd is principally engaged in market leasing and cargo transportation business. The Company operates China Light & Textile Market and other markets, which deals with fabrics, bed clothes, apparels, furniture and bags, among others. The Company also involves in operation of international logistics center, which offers cargo transportation services. The Company operates its businesses primarily in domestic market. During the year ended December 31, 2010, the Company obtained approximately 91.8% of its total revenue from market leasing business. As of December 31, 2010, the Company had one subsidiary, which involved in production and distribution of wine products.