| Prosperity International acquired 60% equity interests in WM Aalbrightt Investment Holdings (Hong Kong) Limited, which indirectly owns a mining permit in Xiang Lu Shan Granite Mining Site in the PRC
An overview of Xiang Lu Shan Granite Mining Site is summarized below:
| Location |
Xiang Lu Shan, Longshui Town, Quanzhou County, Guangxi Province |
| Site area |
2 km2 |
| Quality of stone resources |
High quality dimension stone and feldspar powder |
| Annual production volumn of granite products |
40,000m3 (equivalent to approximately 102,000 tonnes) |
| Total estimated mineral resources |
4,000,000m3 |
| Designed annual production capacity of feldspar powder |
100,000 tonnes (Expect to commence commercial production in late 2010) |
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