Introduction of Shanghai Lianying Food & Beverage Co., Ltd.

In 2002, United Food Group increased its investment in China and established Shanghai Lianying Food & Beverage Co., Ltd., whose predecessor was Shanghai Novartis Nutrition Food Co., Ltd., which was established in 1993. It is a Sino-foreign cooperative enterprise of the Consumer Health Products Department of Novartis Company in Switzerland and Shanghai Meilin Zhengguanghe Group. At the end of 2002, United Food Co., Ltd. acquired the equity and brand of Novartis in Switzerland. From June 5, 2008 to February 2008, Shanghai Lianying Food & Beverage Co., Ltd. became a wholly-owned company of United Food Group, with an investment of more than 30 million US dollars.