Wenzhou Fortune Hotel Management Co. Ltd. was officially registered by Wenzhou
Municipal Industrial and Commercial Bureau on April 1st, 2003, with a registered
capital of RMB3,000,000. The company is authorized to run business in following
fields: hotel management, property management and management consultant
concerned, company image planning and designing and labor service. The company
is based on Wenzhou Victoria Hotel, a four-star hotel rewarded ¡®Excellent Hotel
in Wenzhou¡¯for several times and also a group asst. Chairman of Zhejiang
Provincial Hotels Committee.