Relationship between Ganyu Jintai Company and Suhai Company

Relationship between holding and equity participation. Jiangsu Suhai Investment Group Co., Ltd. has seven wholly-owned subsidiaries. Holding 4 subsidiaries. The three shareholding companies are Lianyungang Qingyuan Water Co., Ltd., Ganyu Jintai Highway Engineering Co., Ltd. and Ganyu Salt Industry Co., Ltd., so there is a holding and shareholding relationship between Ganyu Jintai Company and Suhai Company. Jiangsu Suhai Investment Group Co., Ltd. is a wholly state-owned group company established by Ganyu District People's Government, with total assets of 34 billion yuan and registered capital of 31100 million yuan.