AAK now undertakes the following businesses:

In 2007, Australia China Development Limited (“ACD”) a fully owned subsidiary of the Company through its 100% subsidiary, Eco-Agriculture Group Limited (“Eco”) entered into an agreement to purchase 32,000mu (2,133 hectares) of farming land in Inner Mongolia. The Company was unsuccessful in obtaining the transfer of the land through a Chinese registered Joint Venture (“JV”). On 17 July, 2017 the Company has entered into a Share Transfer Agreement with Treasureland Inner Mongolia Limited that it transfers its 100% shareholding in Eco-Agriculture Group Limited to Treasureland Inner-Mongolia Limited in return for its 100% shareholding in Longin International Limited (“Longin”).

Longin holds 66.67% of a registered Chinese registered JV, Sino (Ordos) Bio-Diesel Company Limited (“SBD’), which in turn holds 51,300mu (3,420 hectares). As a result of this the size of the Company’s holding, of farmland in Inner Mongolia, will effectively increase to 34,202mu (2,280 hectares).  

The above transfer is subject to the following,

a)      Due Diligence is to be conducted within 30 days upon signing of the Share Transfer Agreement (“STA”), and found satisfactory.

b)      Acceptance of the valuation report by professionals, to be completed within 30 days upon signing of the Share Transfer Agreement, confirming the market value of the land apportioned to the Company, as at the current date is a minimum of A$33.82m.

c)      EGM approved of the transfer by members of AAK, to be held within 30 days upon signing of the Share Transfer Agreement.

 

 
1   Eco-Agriculture & Organic Farming

                               

                                       Organic Farming                                         
AAK group owns a piece of land of approximately 21 sq kilometers in Inner Mongolia lying to the south of Baotou City.  This city is at the river bank of the famous Yellow River. Baotou is one of the highest growth city in China. 
Baotou is the largest city in Inner Mongolia, China.  It is not near the desert.  This is the place of home to many major corporations including Inner Mongolia Baotou Steel Unicom Co. Ltd, Baotou Northern Business Co. Ltd, Baotou Steel Rare Earth (Group) Hi-Tech Co etc.  The land owned by AAK is sandy and is suitable for growing of grapes, roses, sophora, and is ideal for organic farming as the place is not polluted.  For organic farming, it requires clean air, clean water and no chemical fertilizer be used.  As the land is situated close to major highways, there is possibility of the land put into other uses which shall further enhance the value of this investment.
 
2  Investment in and services for Property, Mining & Hotels                                                           
AAK has made investment in various industries and businesses including building material, resources, power and energy saving. With the land holding now in Inner Mongolia, China, more businesses will result. Inner Mongolia is rich in resources and rare earth.
AAK has assisted Australia companies to enter the hospitality industries in China and shall continue to assist international investors to develop resorts, securing networks and making investments in this fast growing area. With the increasing wealth of the Chinese, Chinese are now traveling more frequently, traveling heavily inter-states and are making more trips than many people in the developed countries. Chinese can now spend more and are now looking for quality products.

3 Financial Advisory & Secretarial Division
 
a. Financial  & Business advisory Services:-
AAK offers financial advisory services.  AAK’s Hong Kong companies have been focusing on Corporate Services in providing tailor-made, one-stop-shop solutions to both Chinese companies going overseas and foreign companies entering China who are eager to participate in the growth in China Market.   Also AAK Group can help those Chinese companies who are keen to move to the next stage of their expansion into foreign markets.
In particular, AAK Group can help overseas companies that are:
• setting up subsidiaries or sourcing products/technologies in China
and Hong Kong.
• seeking partnership, Joint Venture, Merger and Acquisitions in China
as well as in Hong Kong, Australia and Europe..
• seeking attractive asset management opportunities.
• seeking attractive capital investment opportunities in Chinese
companies through private equity, pre-IPO and corporate bonds.
 
b. Restructuring
AAK can assist Chinese corporations to grow their businesses outside China.  AAk can arrange businesses to expand within China and to take in foreign partners.  There are also needs for organizations in China to restructure so they can go global.  AAK advises companies on all aspects of company administration and restructuring including:
• Mergers and company acquisitions
• Sale of companies and businesses
• Corporate re-organization
• Insolvency
 
c. Business Services
AAK has experienced and qualified professional who have extensive business connections in China, Australia, South East Asia, Canada and Europe to assist companies to go global or to marry with Chinese corporations with high growth potentials. AAK’s Business Development team can provide a comprehensive range of corporate and secretarial support which allow companies to focus more on business than spending time on the daily accounting, corporate or secretarial chores.

4 Trading & Manufacturing Business
 
(A) Building Materials
AAK has established good contacts with numerous sources for environmentally friendly building materials including those manufactured from 100% wood powder (saw dust) which has many more advantages than conventional wood. Such wood dust is used to construct fire-proof houses and furniture which can withstand fire up to 1,000 degree centigrade.   Characteristics of the products are:
• safeguard forest resource and no need to cut down forest or destroy natural environment to obtain wood
• stronger and more flexible than made by the natural wood
• Fire prevention, corrosion resistant, heat resistant, insect prevention
• Easy to build and safe to use
 
(B) Energy Saving Products

                                      

                                        Energy Saving Products
At present, AAK has sourced energy related products, including power savers, electrical products, lights and controllers. Here are some of the products:-
• Cast Resin Dry Type Eco Transformers with range from 50kVA to 2500 kVA
• Replacement of traditional oil type transformers which are environmentally damaging
• Environmentally superior in term of heat generated & noise level to the traditional oil filled transformers.
 
High Frequency Electrode less Discharge (HFED) Lamp

                                       

                                                 HEED Lamp
HEED lamp is environmental friendly, energy saving, low maintenance and long life span. It is unified by two principles the electromagnetic induction and the fluorescence gaseous discharge. Characteristics of the products are:
Using life is above 60,000 hours, 60 times better than incandescent lamp
• luminous efficiency is high, above 63Lm/W
• conserves energy above 70%
• materials used are above 98% recyclable
• Instant starts up less than 0.5 second
• Conforms to GB17743-1999 standard
 
Wind Turbine
Wind turbine is a renewable energy to provide electricity to rural and remote areas as a cost-effective alternative to grid extension. It also is used for residential garden house or farm. Characteristics of the products are:
• compliance to renewable energy policy
• output ranging from 7kW to 1500kW
• Latest design and technology
• Low noise and less installation area required

 

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