Henan Xinyang Auspicious Cloud Tea (Group) Co., Ltd., established in 1989, is an agricultural industrialization leading enterprise and provincial poverty alleviation enterprise in Henan Province. With total assets of RMB one billion and 850 million, the Group commands over such six industries as tea cultivation, production, processing, marketing, trade, cultural tourism, and tea oil production, and has jurisdiction over twelve subsidiary companies and eight professional tea production plants, with an ecological tea base of more than 250, 000 mu. Besides, the Group has three brands of “Longtan”, “Wuyunshan” and “Luyu”, and has marketed a variety of six series including over 300 tea brands and tea related products. The Group extends its sales network throughout the country, having more than 100 directly managed stores in major cities, more than 600 agents and dealers, as well as over 180 sales counters in the shopping malls. Up to now, the Group has established strategic partnerships with Beijing Wu Yutai Tea Co., Ltd., Shanghai Tea Company, Carrefour, Sinopec, Henan Expressway Development Co., Ltd., Northeast Pharmacy and other large channel distributors. At present, the Group has more than 1, 000 employees (including more than 200 professional tea technicians), of whom 90% have college degree or above.</p>