EXHIBIT 99.1 FOR IMMEDIATE RELEASE - April 7, 2004 The Enchanted Village, Inc. enters into a Share Exchange Agreement On April 2, 2004, The Enchanted Village, Inc., a Delaware corporation, (OTC BB: ECVL) entered into a Share Exchange Agreement...Share Exchange Agreement • April 8th, 2004 • Enchanted Village Inc • Retail-hobby, toy & game shops
On April 2, 2004, The Enchanted Village, Inc., a Delaware corporation, (OTC BB: ECVL) entered into a Share Exchange Agreement pursuant to which it agreed to acquire Fairford Holdings Limited ("Fairford"), a Hong Kong limited liability company. Fairford owns 90% of the capital stock of Ruili Group Ruian Auto Parts Co., Ltd ("Ruili"), a Sino-foreign equity joint venture established pursuant to the Laws of the People's Republic of China on Chinese-Foreign Equity Joint Ventures.
