Consumer Capital Group (OTC BB:CCGN)

In 2010, we commenced market research and developed supporting technology in preparation for our current PRC-based nationwide online retailing platform at www.ccmus.com, which was launched in 2010 for Chinese consumers. The website provides an online marketing and retail platform for a wide variety of manufacturers and distributors to promote and sell products and services directly to consumers in the PRC at a substantial discount through our rewards and incentive programs. This platform eliminates the extended network of intermediaries in the manufacturing-distribution-retail chain by providing direct access to our members. Our website also provides access to certain Western products that are generally unavailable in the PRC such as handbags and eyewear made by U.S. companies and food and beverage products from Spain, Germany, and France.

Sellers use our website to advertise and sell their goods, manage customer data, and track orders and shipments. Consumers shop online and pay for products and services through the system. Thus, we do not buy, hold, or sell any inventory. The system escrows payments for the goods until the consumer uses the system to indicate that the order was satisfactorily fulfilled.

We also operate a meat distribution business in the PRC through a 51% stake in an operating subsidiary, Beijing Beitun Trading Co., Ltd. ("Beitun Trading"), which is a PRC trade and distribution company engaged in the wholesale distribution and import/export of various food and meat products, industrial machinery, and electrical equipment.

Web site: http://www.ccmus.com

Last updated March 24, 2011