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Company Description (as filed with the SEC)
China HGS Real Estate Inc. (the "Company" or "China HGS," "we", "our", "us"), formerly known as China Agro Sciences Corp., is a corporation organized under the laws of the State of Florida. On August 21, 2009, a Share Exchange Agreement ("Share Exchange") was entered into by and among the Company, Rising Pilot, Inc., a British Virgin Islands company (the "HGS Shareholder"), and China HGS Investment Inc., a Delaware corporation and wholly-owned subsidiary of the HGS Shareholder ("HGS Investment). Pursuant to the Share Exchange Agreement, the HGS Shareholder transferred and assigned to the Company all of the issued and outstanding capital stock of HGS Investment in exchange for 14,000,000 shares of the Company's common stock, $0.001 par value. The closing of the Share Exchange transaction occurred on August 31, 2009. As a result of the Share Exchange, HGS Investment became a wholly-owned subsidiary of the Company. ... More ...