Shinwon Corporation is a Korea-based company engaged in the manufacturing and sale of garments and handbags. The Company has five major brands including besti belli, SI, VIKI, SIEG and SIEG FAHRENHEIT, which are distributed to the domestic market. The company also exports knits, sweaters and handbags to the United States, Japan, China and Europe. Its target consumers are teenagers and people in their twenties. The Company’s customers include WAL-MART, GAP, AMC, K-MART, SEARS, PELLY ELLIS and others. During the year ended December 31, 2007, its domestic sale and overseas sale accounted for approximately 52% and 48% of the Company’s total revenue, respectively.