Outstanding: 57,761,744 as of October 29, 2008
China Finance Inc's website www.chinafinanceincorporation.com/ - INACTIVE beginning Nov. 2010
OTCMARKETS QUOTE: www.otcmarkets.com/stock/chfi/quote
China Finance Inc's wholly owned subsidiary
Shenzhen Hua Yin Guaranty and Investment Limited Liability Corporation website: www.cficcn.com/en/
China Finance, Inc.
Schedule of Investments
As of March 31, 2009
China Organic Agriculture, Inc. 1,729,273
Gulf Resources, Inc. 3,339,000
Home System Group 480,000
Jade Art Group, Inc. 4,340,700
Shenzhen HuaYinTong Electronics
(9.00%, due on October 15, 2009) $14,441,656
Shenzhen HuanYaTong Investment Ltd.
(8.50%, due on April 1, 2009) $ 7,801,325
Real Estate Held for Investment $ 1,545,727
The Company’s real estate held for investment consists of a building and related land use rights. The Company values the real estate based on the cost to purchase and construct a building on the real estate. The Company evaluates the market price semi-annually for possible impairment loss, and, as needed, a certified independent agent performs a property inspection and a market price evaluation.