The Relationship between Shi Xiaoyou and Ruan Jilin

Partnership. Shi Xiaoyou and Ruan Jilin are shareholders and partners of Patek Philippe. They are partners of the company. Patek Electric Appliance Co., Ltd. is a joint-stock private enterprise specializing in the production of forged products such as air-conditioning compressor parts and automobile parts. They are the ultimate beneficiaries of the enterprise.