Tao Sun

Xiamen CCRE Group Co., Ltd. engages in the manufacture of engineering machinery and trucks. Its business includes high-end equipment manufacturing, supply chain operations, financial services, aviation industry and real estate and investment. Its business scope includes operation and management of state-owned assets; manufacture, sale, and foreign trade of mechanical and electrical products such as construction machinery, transportation equipment, and electronics; investing, holding, and participating in relevant industries; providing product production, sales, and investment to the invested enterprises; and technical support, staff training, corporate management and other services in the market development process. The company was founded on May 29, 2006 and is headquartered in Xiamen, China.

Part of Xiamen XGMA Machinery Co., Ltd., Xiagong Group Sanming Heavy Duty Machinery Co. Ltd. manufactures and distributes heavy machineries. The company is based in Sanmin, China. Xiagong Group Sanming Heavy Duty Machinery Co. was acquired by Xiamen XGMA Machinery Co., Ltd. from Xiamen CCRE Group Co., Ltd. on June 30, 2011 for $68.30 million.

Xiamen ITG Holding Group Co. Ltd. operates as an investment holding company. It provides integrated circulation services, real estate development and property services, optoelectronic information, international economic cooperation, culture and tourism, and financial investment activities in China and internationally. The company was founded in 2006 and is headquartered in Xiamen, China.