SGZH is at the top of my china r/m scams list. From the CNEH 4/17/06 10-K:
5% Holders Hong Jun Li 1,496,000 8.2%
The same Hong Jun Li that is president of SGZH. The more recent CNEH filings no longer show this Hong Li ownership suggesting he sold those CNEH shares out the back door without any updated filing and still no explanation as to how Hong may have earned that CNEH freeby dilution gift in the first place. The google below of the SGZH and CNEH previous common address (20337 Rimview Place, Walnut, California, 91789) is the simplest of dd one would need to determine both are egregious dilution abusers.
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