China Fortune Holdings Limited (China Fortune) is an investment holding company. The Company along with its subsidiaries is engaged in the distribution and trading of mobile phones and related accessories and development of marketing and after-sales service network. During the year ended December 31, 2009, the Company also commenced the business of mining and processing of celestite, zinc and lead minerals. The Company鈥檚 subsidiaries include Express Fortune Holdings Limited, Express Fortune Limited, Fortune Shanghai and Fortune Telecom International Company Limited. On December 23, 2009, the Company completed the acquisition of a total of 50.8% equity interest in Huangshi Sifa Mining Company Limited.