Item 8.01 Other Events (New Facilities and Relocation of Plant)

On December 5, 2008 Harbin Golden Sea Technology Printing Co., Ltd., the operating subsidiary of Xinyinhai Technology, Ltd., began the process of relocating its production facilities to the new plant that it purchased in December 2007. The new plant is located at No. 4 Yantai Road, Centralized Park, Haping Road, Harbin Development Zone, Harbin, China. Whereas its current plant provided a production area of 6,000 square meters, the new plant has a production space of over 20,000 square meters. The relocation to new facilities is expected to increase our production capacity by 30% to 40%. After the transfer of our operations is complete, the Company will consider options regarding the prior plant, including a possible sale of the realty.