Oniontech Limited is an investment holding company. The Company is engaged in providing software solutions and content-related services for value added services in the mobile telecommunications industry. The Company, under its software solutions business offers a range of solutions, including ring back tone (RBT) solutions and third generation (3G) voice messaging system (3G VMS). The RBT enables subscribers to customize ring back tones using music, comical voice messages, customized recorded messages and various sound effects, so that callers will hear a customized ring back tone instead of the traditional ringing tone. For its content-related services, the Company provides content aggregation services involving the sourcing and compiling of news and lifestyle information for mobile Internet services. On June 30, 2012, the Company