Xinde Tech (OTC BB:WTFS)

On December 28, 2009 closed a share exchange agreement, or the Exchange Agreement, with Jolly Promise Limited (Jolly’s wholly-owned subsidiary, Hong Kong Sindhi Fuel Injection Company Limited).

Hong Kong Sindhi Fuel Injection Company Limited operates in one business segment, the design, development, manufacture, and commercialization of fuel injection pumps, injectors, multi-cylinder diesel engines and small generator units mainly in the People’s Republic of China. However, our products compete in three primary product segments, namely (1) fuel injection system products, (2) diesel engine products and (3) generator products. We believe our broad range of products (including non-vehicle diesel engines, diesel generators, injection pumps, injectors and three-coupling components, and agricultural machinery and construction machinery) greatly reduces our comprehensive costs which in turn, increases our competitiveness.

Our Company is located in China’s Shandong Province in the city of Weifang, where many large and medium-sized diesel engine enterprises and relevant products and components manufacturers are located. Weifang is also an important traffic center on the east coast in northern China. We believe our location makes the purchase of raw materials and sales of our products very convenient and reduces the costs associated with sales while reducing freight costs.

We have developed fuel injection system products that we believe will meet the Euro III Emissions Standard, which will become most relevant in light of China’s initiative to implement the Euro III Emissions Standard in July 2010. Furthermore, we believe that we are China’s only company with exclusive intellectual property rights for fuel injection systems meeting such Euro III Emissions Standard which could lead to broad market appeal. Due to our strict technical standards and quality control in production process, our products have become well-known brands in their markets throughout China. Our Company has always placed quality control first and we received our ISO9001 certification in 2005. Moreover, our products have been deemed “inspection-free” goods. During China’s “Eleventh Five-Year Plan” (2006 through 2010), we intend to implement and pass ISO/TS16949 standards which are the most advanced in China’s automobile industry.

Last updated January 14, 2010