China Green Energy (GREY:CGRE)

We manufacture and distribute clean technology-based consumer products. We also manufacture and distribute network and HDMI cable. Our products consist of light electric vehicles, or LEVs, and cryogen-free refrigerators. We manufacture several different varieties of LEVs and cryogen-free refrigerators. We sell some of our products under our own brand name of “BEST” and the balance of our products as an original equipment manufacturer, or OEM, for other companies, who are our customers.

Light Electric Vehicle

We entered the LEV business in 2008. We produce LEVs in China and sell them in the European market through sales agents and as an OEM. Currently, we have an annual production capacity of 20,000 LEVs and are the OEM LEV manufacturer for QWIC of the Netherlands.

Cryogen-free Refrigerator

We are the OEM of cryogen-free refrigerators for large multinational corporations such as Ford, Pepsi, Coca-Cola, Carlsberg and Disney. Currently, we possess an annual production capacity of 115,000 cryogen-free refrigerators.

Network cable and HDMI cable

The cable business is where we originally started our business and this division still provides us with relatively stable cash flow. Through years of operation in this segment, we have many important multinational customers including Wal-Mart, Home Depot and Carrefour. Currently, we possess an annual capacity of 25 million sets of network cables and high-definition multimedia interface, or HDMI cables.