China Vanguard Group Limited (formerly known as "B&B Group Holdings Limited") (the "Company") was established in 1999, and was listed on the Growth Enterprises Market of the Stock Exchange of Hong Kong in 2002. The core tenant of the Company is to focus on fast growing dynamic and strong cashflow industries in China and to emerge as a major player in these industries. The company, via 49%-owned CCDDT Group, is now a leader in provision of royalty collection services and value added services to China's massive karaoke industry and, via 51%-owned Bozone, is the 3rd largest lottery hardware and software solutions provider to the Welfare Lottery in China. It is management's objective to continue to: (i) expand our operations to grow Company revenue and profitability; (ii) enhance our corporate governance and transparency, and; (iii) build the wealth of our shareholders.
