Hongguo International

Hongguo International Holdings Limited (Hongguo) is an investment holding company. The Company is primarily engaged in two business segments: manufacturer and retailer of branded fashion footwear and apparel, and contract manufacturing of footwear. Its fashion distribution and retail management arm, Jiangsu Unity Corporation (JUC), operates retail points in, principally, Eastern China, carrying international fashion labels, such as Ermenegildo Zegna, Hugo BOSS, G2000, U2 and Bodyline. The Company's wholly owned subsidiaries include Best Invent Holdings Limited, which is engaged in investment holding and Best Value Profits Limited, which is an investment holding and marketing and sales agent. In November 2005, Hongguo signed an agreement with the Italian shoemaker 3A-Antonini SpA of Italy.