China Treasures New Materials Group Ltd is an investment holding company primarily engaged in the development and manufacture of biodegradable plastic products and non-biodegradable automobile plastic parts. The Company mainly operates two segments. The Development and Manufacture of Biodegradable Plastic Products segment is engaged in the development and manufacture of biodegradable produce bag rolls, biodegradable shopping bags and biodegradable stretch wraps. The Development and Manufacture of Non-Biodegradable Automobile Plastic Parts segment is engaged in the development and manufacture of automotive plastic parts such as taillight covers, spoilers, water deflector assemblies, and water deflector brackets. The Company mainly conducts its business in the domestic market.