Relationship between Beijing Tongrentang Taifeng Stock and Beijing Tongrentang

Beijing Tongrentang Taifeng Co., Ltd. is a third-class subsidiary of Beijing Tongrentang. According to relevant public information, Beijing Tongrentang Taifeng Co., Ltd. is a subsidiary of Beijing Tongrentang International Co., Ltd., a secondary subsidiary of China Beijing Tongrentang Co., Ltd., and Beijing Tongrentang Taifeng Co., Ltd., as a tertiary subsidiary of Beijing Tongrentang Co., Ltd., can be said to be in the same strain.