The Relationship between Shang Hong Capital and Shang Hong Group

Shang Hong Capital Equity Investment Co., Ltd. is an industrial investment institution registered in Shanghai Administration for Industry and Commerce with the registration number of 2011013. It is an industrial investment section of Shang Hong Group, and its business scope includes equity investment, industrial investment, investment management and investment consulting. Shang Hong Group was established on 1998. In 2003, on the basis of integrating its subsidiaries and invested enterprises, it was established as a professional industrial investment holding group, which is a domestic private enterprise.