China 9D Construction Group (fka CNAG)

[sunsailor]

Zhang Guoxi's website: http://www.guoxigroup.com.cn/

http://www.guoxigroup.com.cn/

Rich relative BILLIONAIRE of CNAG principals, & BFAR, JADA, ONP, & SIBO!

CNAG was founded FIRST!

CNAG's 9D website continues updating photos, as of yesterday.
Other two have had updating as well.
**********Market's recession recovery takes time.***********

(***Bilingual accounting experience***) is needed first, as it can cost UP TO a million bucks (US) for compliance, attorney-legal, & audits, PLUS FEES & PENALTIES TOO.

China is not on GAAP, it has adopted IFRS (International Financial Reporting Standards, as well as over 100 other countries). There MUST be a conversion from IFRS to US GAAP for reporting. Certainly would be easier if US was on IFRS, no decision made on that yet, earliest US looking at convergence is 2015. THAT CAN COST A SMALL CHINESE COMPANY OVER A MILLION PER YEAR JUST FOR COMPLIANCE!!! Many issue shares for SEC filing help.

No wonder they're needing more time during this severe recession, recent China drought, & THREE GORGES DAM ISSUES NEEDING REPAIR.
(DOWNSTREAM WATER QUALITY, TRANSPORT, & MIGRATION) = US$28 BILLION INITIALLY ATTEMPTING TO CONTROL YANGTZE RIVER. Yangtze is 5 meters below normal now, caused by drought.

All understandable, the more we know! GO CNAG!!!!!!!