Lily Textile Corp. is a Taiwan-based company engaged in production, processing and distribution of textile products. The Company operates its businesses through three divisions: cotton textile division, which involves in production, processing and distribution of natural cotton, man-made fibers and chemical fibers; construction division, which involves in distribution and leasing of commercial buildings, residential buildings and factories, as well as logistics center division. During the year ended December 31, 2011, the Company obtained approximately 79.98% and 13.13% of its total revenue from cotton textile division and logistics center division, respectively.