GWBU: LOI for Merger/Acquisition Initiatives w/Yunnan Zhoungyou Group Ltd.

Great Wall Builders Ltd. (GWBU) has entered into a Letter of Intent with Yunnan Zhoungyou Group Ltd., for merger and acquisition initiatives.

Yunnan Zhoungyou Group Ltd. is one of the largest building material manufacturers with more than 100 acres of manufacturing facilities and more than 500 employees in Yunnan Province, People's Republic of China. Yunnan Zhoungyou Group Ltd, consists of four subsidiaries that specialize in different aspect of manufacturing and marketing arms for Yunnan Zhoungyou Group Ltd.; manufactured building products includes but not limited to heavy-duty steel frame materials, fabricated steel and aluminum products, custom designed steel support structures, steel frame structures for public bridges and large scale construction projects. Financial data released from Yunnan Zhoungyou Group Ltd. has shown its assets have already reached US$11 million, with revenue well over US$11 million in 2006.

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