Business Scope of China Light Industrial Products Import and Export Corporation

China Zhongqing Company has a long history and rich experience in pulp and paper industry, and has always enjoyed a high reputation in the international pulp and paper industry. The subsidiary of the company's pulp and paper plate has established long-term and stable business relations with pulp and paper suppliers in many countries and regions around the world, and has become one of the main supply and marketing channels for foreign pulp and paper products to the domestic market. The total annual import of pulp by subsidiaries in pulp and paper industry exceeds 800,000 tons (statistics in 2007); The varieties of pulp it deals in include bleached softwood pulp, bleached hardwood pulp, natural wood pulp, chemical mechanical pulp and rayon pulp; Our brands cover well-known brands in major wood pulp producing countries such as Canada, the United States, Chile, Brazil, Russia, Northern Europe and Southeast Asia.

China Zhongqing Company has participated in the domestic and international market competition and resource allocation of pulp, an important resource bulk product related to the national economy and people's livelihood, and has a more important position in the domestic pulp industry. In recent years, China Zhongqing Company has taken a series of measures to develop pulp and paper business. The scale of pulp import and domestic sales has become one of the most important parts of the company's overall business structure. The business of raw material resource commodities is a new business group cultivated by China Zhongqing Group, which is market-oriented and makes full use of both domestic and foreign resources and two markets under the macro background of sustained and rapid growth of national economy and surge of domestic demand for bulk resource commodities.

After years of business development, the company's raw material resources commodity business has formed a considerable scale, mainly including non-ferrous metals and their mineral products, cocoa beans, stone, wood, chrome ore, plastic raw materials, rubber and other commodity business. By constantly exploring and consolidating the supply of goods, expanding the scale of operation and expanding the marketing service system, the company strives to realize the complementarity and convergence of the upstream and downstream fields of the business structure, and gradually improve the comprehensive competitiveness and sustainable profitability, so that the influence and competitiveness of the "Light of China" brand in the industry are continuously improved. Trade management is the traditional main business of China Light Industry Co., Ltd., and it is also an important foundation for the company's development. China Light Industry Corporation is one of the major importers and exporters of light industrial products, consumer goods and manufactured goods in China, and is also the product agent of many international and domestic manufacturing enterprises. Through years of exploration and development, it has formed a pattern of market diversification, commodity specialization and international management, with good market reputation, extensive business channels, solid customer base and strong market competitiveness.

China Electric Company has a marketing network and service system covering most parts of the world. It is in the forefront of domestic trade in textiles, clothing, bags, shoes and socks, furniture, watches and clocks, chemical raw materials, cultural and sports supplies, various mechanical and electrical products, high-tech products and so on, and has a wide influence in the industry. At present, the company relies on its original advantages, cooperates with domestic and foreign production enterprises, and strives to realize the complementarity and convergence of the upstream and downstream fields of the industrial chain, and carries out the supply of raw and auxiliary materials, new product development and trade services. Through complementary advantages and coordinated development, the overall development level and comprehensive competitive advantage of China Light Group will be continuously improved. The capital operation sector is an organic part of the "3+ 1" sector development strategy of China Light Industry Group Corporation, which forms an organic strategic complementary business relationship with the three major business sectors of the Group Corporation, is a platform for the organic combination of industrial capital and financial capital of the Group Corporation, and is a strategic choice made by the Group Corporation by learning from the mature models of other central enterprises and combining its own experience and characteristics.

China Light New Century Investment Co., Ltd. is the core company of China Light Group's capital operation section, and it is the concrete platform of China Light Group's capital operation at present. The company was established on March 8, 2007, and was fully funded by China Light Group.