Relationship between Ningbo Ningxing Holdings and Ningxing Group

Holding subsidiary. According to the announcement of Ningbo Ningxing Holding Co., Ltd., Ningbo Ningxing Trading Group Co., Ltd. is a holding subsidiary of Ningbo Ningxing Holding Co., Ltd., which is a large-scale trading group with international trade as the main line, multi-function, full coverage of domestic and foreign market channels and certain industry integration ability.