Junefield Department Store Group Limited is an investment holding company. The Company operates in four segments: property investment segment, which is engaged in property leasing and sale of properties; property management and agency services segment, which provides property management and agency services; consultancy services segment, which provides brand sourcing consultancy and property management consultancy services for retail business in the People鈥檚 Republic of China, and manufacture and sale of construction materials segment, which is engaged in the manufacture and sale of slag powder. Its principal subsidiary includes Huaxia Group Limited. Huaxia Group Limited, located in the British Virgin Islands, is an investment holding company. On October 16, 2009, the Company acquired Junefield Agency. During the year ended December 31, 2009, the Company disposed its equity interest in Huaxia Construction Limited.