Qihang Equipment Company Limited (Qihang), formerly China Wonder Limited, is that of an investment holding company. The Company is a manufacturer of universal lathes, CNC machinery tools and associated spare parts. The Company�s subsidiary is Win Yu International Investments Company Limited. The indirect subsidiaries include, Heng Tai Feng International Holdings Limited and Jiangsu Qihang CNC Machine Tool Co., Limited. On January 1, 2011, the Company disposed of its 100% investment in Jiangsu Anke Chilun Co., Limited. In April 2011, the Company disposed of Wonder Packaging Machinery Co. On July 1, 2011, the Company acquired Win Yu International Investments Company Limited (Win Yu).