Guangdong Investment Ltd.. The Group's principal activities are water and power supply; department stores and hotel operation; and property development and investment. It provides travel and transportation services; manufactures and sells leatherware products and packaging materials; and provides mortgage finance. It is also involved in merchandise trading and investing in infrastructure and energy projects. Other activities include manufacturing of malt, beer and investment holding. Operations are carried out in Hong Kong and the People's Republic of China. Water supply accounted for 61% of 2002 revenues; department stores, 16%; power supply, 10%; property investment, 6%; hotel operation, 4%; property development, 2% and other, 1%.