Healthtech Solutions Inc. (HLTT)

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XINYINHAI TECHNOLOGY, LTD.

Xinyinhai Technology, Ltd. (Xinyinhai), incorporated in October 18, 1985, is a holding company. The Company has two subsidiaries, Winner Sea Group Limited (Winner Sea) and Harbin Golden Sea Technology Printing Co., Ltd. (Harbin Golden Sea). Winner Sea is a holding company whose only asset is 90% interest in Harbin Golden Sea. Harbin Golden Sea provides printing services. Harbin Golden Sea imports printing equipment from Germany, and installs on its advanced software systems, such as anti-falsification software. Harbin Golden Sea also earns a portion of its revenue (approximately 13% during the year ended December 31, 2009) from its position as a distributor of plasma arc cutting machinery and consumable parts manufactured by Hypertherm, Inc. of New Hampshire, United States. Hypertherm’s plasma arc cutting systems are designed to provide metal workers with clean cuts for metal work.

The documents printed by Harbin Golden Sea include bank deposit books, deposit receipts, computer bills and other financial notes, as well as standard forms for banks and insurance companies, single purpose invoices, and other certificates. Harbin Golden Sea performs most services in-house. However, it uses outsourced vendors for certain specialty services, such as large scale binding, binding in leather, and the like.
Xinyinhai Technology, Ltd. is a US-based company that, through its subsidiary, engaged in the provision of printing services in the People’s Republic of China. In October 1985, the company was incorporated in the state of Utah as Brittney Development Inc. In October 2006, the company changed its name to Xinyinhai Technology Ltd.
Xinyinhai Technology operates through its principal operating subsidiary, Harbin Yinhai Technology Development Company Limited (Xinyinhai), a company founded in 1998 in the city of Harbin, China that offers printed documents, such as deposit books, deposit receipts, computer bills, and other financial notes. It also provides standard forms for banks and insurance companies, single purpose invoices, and other certificates. In addition, the company distributes plasma arc cutting machinery and consumable parts. Its plasma arc cutting systems are designed to provide metal workers with clean cuts for metal work. Harbin Yinhai is one of the leading companies in the financial notes industry.

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