AIBOR International Group Co., LTD. (hereinafter referred to as "AIBOR") is a sino-foreign joint venture approved by The State Council and established in 1998 with a registered capital of 60 million yuan and total assets of more than 1 billion yuan. In 2010, the companys revenue of 10 million yuan, is the industrys leading, the only multi-brand import and export construction machinery trade service provider. AIBOR used to belong to the State Economic and Trade Commission. After the reform of the state institutions, the State-owned Assets Supervision and Administration Commission of the State Council and the Working Committee of the Central Large Enterprises have been directly under the management of the state backbone enterprises. In May 2004, with the approval of the State-owned Assets Supervision and Administration Commission (SASAC), the foreign-funded enterprise was authorized to inject capital, and was restructured with China Machinery Industry Group Co., LTD. (hereinafter referred to as "