New Capital International Investment Limited (New Capital) is an investment company. The principal activity of the Company is investment in money market securities and equity and debt related securities. The investment objective of New Capital is to achieve medium-term to long-term capital appreciation of its assets primarily through investments in money market securities and equity and debt related securities in listed and/or unlisted companies or entities on a worldwide basis. Its subsidiaries include Pacific Equity Venture Inc., Success Journey Ltd., Kencheers Investments Ltd., Grow Reach International Limited, Legend Ocean Limited, China Property Development (Holdings) Limited and Beijing Far East Instrument Company Limited. In November 2010, it acquired 12% equity interest Capital Aihua (Tianjin) Municipal & Environmental Engineering Co., Ltd. During the year ended December 31, 2010, it disposed of its interest in jointly controlled entity, Profit Harbour Industries Limited.