| China Vanguard Group Limited (China Vanguard) is listed on the Growth Enterprises Market of the Stock Exchange of Hong Kong. China Vanguard’s 49%-owned CCDDT Group* has operations in 30 of China’s 31 provinces. CCDDT Group is the leader in royalty collection services and value added services to China’s massive karaoke industry which boasts over 50,000 licensed dedicated karaoke venues with circa 2.4 million rooms. Meanwhile, China Vanguard’s 100%-owned Bozone^, is the 3rd largest lottery hardware and software solutions provider to the Welfare Lottery in China. Our strategy is to focus on fast growing dynamic and strong cashflow industries in China and to emerge as a major player in these industries.
* CCDDT - China Cultural Development Digital Technology Co., Ltd., a joint venture company, which has been granted the exclusive right from the Ministry of Culture Market Development Centre of China to establish and operate the Karaoke Content Management Service System for 30 years(CCDDT and its subsidiaries together referred to as CCDDT Group)
^ Bozone - Shenzhen Bozone I.T. Co., Ltd., a subsidiary of China Vanguard which provides, software, technical support maintenance services and hardware to the Welfare Lottery in China.
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