| Business Summary | | China
Gateway
Holdings,
Inc.
currently
has
no
products
or
services
and
is
in
the
process
of
negotiating
an
acquisition
with
H.K.
Giantrich
International
Groups,
Limited
(Giantrich),
which
owns
all
the
rights
to
extract
coal
and
other
natural
resources
from
a
significant
operating
coal
mine
in
the
Shandong
Province
of
China.
The
majority
of
the
coal
products
produced
in
the
mine
are
destined
for
local
distribution
in
China.
A
small
portion
of
its
coal
products
are
exported
through
an
approved
agent
in
the
Peoples
Republic
of
China.
IN
April
2001,
the
Company
formally
terminated
an
unsuccessful
joint
venture
agreement
through
which
it
would
manufacture
paperboard
products
used
in
packaging
material
for
the
Chinese
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | China
Gateway
Holdings
Inc.,
a
holding
company,
through
its
joint
venture
Wuhan
Dong
Feng
Paper
Company
Ltd.
manufactures
paperboard
products
used
in
packaging
material
for
the
Chinese
market.
For
the
three
months
ended
3/31/01,
the
Company
reported
no
revenues.
Net
loss
from
continuing
operations
fell
33%
to
RMB566K.
Results
reflect
decreased
legal
and
professional
fees
and
a
RMB46K
service
income
from
affiliated
companies. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Danny Wu, 39 | Chairman,
Chief Exec. Officer and Sec. | Yuan-Cheng Chen, 29 | VP-
Bus. Devel. | Oscar Shen, 25 | Accounting
and Fin. Mang. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|