At least one VIE exists in the corporate structure
The Company,is in the business of providing a guarantee service to corporations and individuals in issuing and obtaining surety or tendering guarantees for their business operations and/or personal use. The types of guarantees CCG provides include i) various project guarantees such as Project Bidding Guarantee, Performance Bond Guarantee, and Advance Payment Guarantee; and ii) employees guaranteed services such as Employees Behaviour Guarantee, Employees Secrecy Guarantee, and Employees Credit Guarantee to corporations and individuals. CCG has 23 branches located throughout China, including branches located in Beijing, Guangzhou, Dalian, Hangzhou, Nanjing, Chengdu, Ningbo, Qingdao, Chongqing, Changsha, Wuhan and Zhengzhou. In exchange for CCG’s guarantee services, customers pay CCG a certain percentage of the surety amount as an upfront fee.
Original Reverse Merger Filing
Web site: http://www.dna-asiapac.com
Last updated March 17, 2010
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