China Treasures New Materials Group Ltd.

China Treasures New Materials Group Ltd is a China-based company mainly engaged in the manufacture of plastic products. The Company's main business is the development and manufacture of biodegradable plastic products. The Company operates in two segments: Development and manufacture of biodegradable plastic products segment and Development and manufacture of non-biodegradable automobile plastic parts segment. The Company conducts its operations mainly in the domestic market. The Company's biodegradable plastic products mainly consist of biodegradable roll bags, biodegradable shopping bags, and biodegradable packaging stretch films, which are mostly sold to chain supermarkets, department stores, and shopping malls.