Neway Group Holdings Limited is an investment holding company. The Company operates in two segments: Printing and Music and entertainment. The printing segment is engaged in sales of printing products. The music and entertainment segment is engaged in artistes management, production and distribution of music albums and movies. The Company鈥檚 income from printing operation is mainly derived from Hong Kong and the People鈥檚 Republic of China. Its music and entertainment segment revenue mainly consisted of the promotion revenue from certain promotional activities in connection with the karaoke operations, income from concerts and shows, artiste management income, album distribution income and song licensing income. Its production plant is located in Shenzhen. It serves different types of industries, including electronics, home appliances and toys. During the fiscal year ended March 31, 2011, the Company had 12 contracted artistes and one contracted pop group.