Jie Fei

China Trustful Group Ltd. engages in the provision of procurement services for the manufacture of watches, jewelries, and packaging products. It operates through the Sourcing Business, People's Republic of China (PRC) Silverware Business and Electric Vehicle Business. The Sourcing Business segment provides customers with a range of sourcing management solutions including product design and product development; raw materials and components sourcing and production sourcing; and procurement management solutions including quality assurance and control; logistics and delivery handling services. The PRC Silverware Business segment includes retail and wholesale of luxury brand silverware and silver utensils. The Electric Vehicle Business segment manufactures and sells rechargeable batteries, electric vehicles and related products and provision of related services. The company was founded on June 14, 2010 and is headquartered in Hong Kong.

Powerwell Pacific Ltd. operates as an investment holding company with interests in the provision of sourcing and procurement solutions. The company is headquartered in Hong Kong.