Company China Crescent Enterprises, Inc.

China Crescent Enterprises, Inc. (China Crescent), formerly NewMarket China, Inc., is a systems integration company. As of December 31, 2009, the majority of the Company's sales have been information technology products and services sold within mainland China through its wholly owned foreign subsidiary, Clipper Technology, Ltd. (CLPTEC) located in Shanghai, China, and its majority owned subsidiary Clipper Huali, Ltd. (Clipper Huali) located in Ningbo, China. The Company is a majority owned subsidiary of NewMarket Technology, Inc. (NewMarket). In December 2009, it acquired 100% of Shenzhen Newbao Technology Co., Ltd. (Newbao), a wireless equipment manufacturer located in Shenzhen, China. Additionally, in December 2009, China Crescent acquired 100% of Dalian Aoyuan Electronic Technology Services Co., Ltd. (DAETS), a systems integration company, from Aoyuan Electronic Company, Ltd.

Number of employees: 315