China Electronics (OTC BB:CEHD)

The Company started sales of home appliances and electronics in 2001. Through its subsidiary, China Electronic Holdings Inc., (the Company is engaged in the retail sale of consumer electronics and appliances in China, such as solar heaters, refrigerators, air conditioners, televisions, and etc. The Company is targeting the rural market in Anhui Province.

The Company purchases the consumer electronics and appliances it sells directly from the manufacturers thereof or large distributors. Currently, 30% of the products are supplied to the Company by large distributors, mainly under the brand names Samsung and LG. Guoying is the exclusive wholesaler in the Lu’an area for products under the brand names, Sony, LG, Samsung, Shanghai Shangling, Chigo, Huayang and Huangming. Guoying is the general sales agency of Sino-Japan Sanyo electronic products, such as Sanyo TVs, air conditioners, washing machines and micro-wave ovens. Guoying has teamed up with Huangming and Huayang, the 2 largest manufacturers of solar thermal products in China, to be their exclusive retail outlet in Anhui. Some of their energy efficient, “green” products include: solar thermal water heaters, solar panels (photovoltaic) and energy saving glass.

In addition to purchasing from the manufactures or distributors, the Company has refrigerators manufactured by an OEM manufacturer under the Company’s own trademark “Guoying”. Guoying refrigerators have “3C” quality national authentication certificates.

Last updated July 27, 2010