Xinyu Hengdeli Holdings Limited is a major retailer and distributor of imported medium and high-grade watches in the PRC, distributing 19 renowned watch brands of 4 major watch brand suppliers (LVMH Group, Swatch Group, Richemont Group and Desco Group), of which 15 are on exclusive basis, and has a good relationship with the Rolex Group. The company also owns the renowned Swiss watch brands of NIVADA, OLMA and NUMA JEANNIN.

Xinyu Hengdeli owns 7 holding companies such as Beijing Hengdeli, Hefei Xinyu Hengdeli, Liaoning Baorui, Harbin Beiheng Jiefu, Qingdao Xinyu Hengdeli, Shenzhen Sunshine and Tianjin Huichang, operates 75 retail outlets in various major cities of the PRC and has over 300 wholesale customers. The company also provides after-sale services for the customers with on-spot repair and maintenance services at all the outlets and operates tow large customer services centers in Beijing and Shanghai.

Xinyu Hengdeli was listed on HK Stock Exchange on Sept. 26, 2005. (HK3389)