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November 8, 2007, the Company became a U.S. listed public company after it closed a share exchange transaction entered into on August 29, 2007 by and between the Company, Pacific Capital Group, and the stockholders of Pacific Capital Group. Pacific Capital Group, and Pacific Capital Group's majority-owned operating subsidiary, TaiAn, became a wholly-owned and majority owned-subsidiaries, respectively, of the Company.
March 12, 2007, the Company changed to its present name, China Ruitai International Holdings Co., Ltd from Shandong Ruitai Chemical Co., Ltd. November 10, 1999. Pacific Capital Group acquired a 99% ownership interest in TaiAn RuiTai Cellulose Co., Ltd., a Chinese limited liability company, incorporated in the PRC.
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