1. Fanghua Xiajin Cotton Industry Co., Ltd.: a limited company legally established and validly existing under the laws of People's Republic of China (PRC). It is a wholly-owned subsidiary of Fanghua Textile, a listed company, and its registered address is Fanghua Industrial Park, Xiajin County, Shandong Province.
2. Xiajin Feng Run Industrial Co., Ltd.: a limited company legally established and validly existing under the laws of People's Republic of China (PRC). It is a non-affiliated legal person enterprise, and its registered address is Dangliangzhuang Village, Yin Cheng Street, Xiajin County.