International Standard Resources Holdings Limited, formerly New Smart Energy Group Limited, is an investment holding company. The Company operates in three segments: electronic components, coalbed methane and treasury. The Company, through its wholly owned subsidiary, Canada Can-Elite Energy Limited (Can-Elite) operates the Coalbed Methane (CBM) business in Anhui Province, the principal business activities of which are coalbed methane exploration, development and production. The Company, through its subsidiary, Strong Way International Limited, operates the design and distribution of SONIX brand integrated circuits for toy manufacturing in Hong Kong and the People�s Republic of China. The Company, through its wholly owned subsidiary, Magic Chance Investments Limited (Magic Chance), is engage in securities and debts trading in Hong Kong. The treasury business is also engaged in money lending business. On March 24, 2011, the Company disposed of its Natural Gas Business.