Website: N/A
Stock Symbol: NASDAQ: PSOF
Market Value: N/A (in millions)

ITEM 1. OUR BUSINESS General Pansoft is a leading ERP software solutions and services provider for the oil and gas industry in China. Our ERP software provides comprehensive solutions to various business operations including accounting, order processing, shipping, invoicing, inventory control and customer relationship management. We provide solutions for our clients's application software systems, including system integration and legacy software expansion and integration, including SAP, Oracle and banking systems. We also provide solutions for our clients' specific needs, addressing their management issues, and sell ready-to-use software subsystems and components. We provide training, maintenance and execution service for our clients, such as SAP execution.