Xinhua China Ltd. (Xinhua China) is a development stage company. The Company is focused to develop a plan for funding, sales, marketing and other benefits relating to China. It operates mainly through its subsidiaries. As of June 30, 2008, its subsidiaries included Pac-Poly Investments Limited and Beijing Joannes Information Technology Co Ltd. (Joannes). The business focus of Joannes is building online communities with connectivity to an ecommerce engine, which allows for the online purchase of e-books, e-audio, and computer games.