Chinece Enterprises

China Enterprises Limited, a Bermuda corporation (the "Company", which term shall include, when the context so requires, the subsidiaries of the Company as defined below), incorporated on January 28, 1993, is a holding company whose shares are traded on the OTC Securities Market in United States of America. The Company conducts its principal businesses in various parts of the Greater China Region. However, the Company carries on business in Hong Kong under the commercial name of "China Tire Holdings Limited" due to local company registration considerations.

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