Dali Foods Group Company Limited (Hong Kong SAR, China)

Dali Foods Group Company Limited is a stock company established by Hongya Limited. Hongya Limited was founded on November 17, 2006. On June 4, 2012, Hongya Limited held a shareholder meeting and decided to change the company from a limited company to a stock company. The net assets of Hongya Limited as of April 30, 2012, audited at 98,353,299.17 yuan, were converted into shares at a ratio of 1:0.5084, with a share capital of 50,000,000 shares and the remaining 48,353,299.17 yuan recorded as capital surplus. After the change, the total share capital of the company is 50 million shares, and the shareholding ratio of shareholders remains unchanged. On June 4, 2012, Lixin Certified Public Accountants issued a "Capital Verification Report" (Xin Hui Shi Bao Zi [2012] No. 113459) for this overall change, and the capital contribution for this overall change has been fully paid. On June 20, 2012, the company held the founding meeting and the 2012 annual shareholders' meeting. On July 16, 2012, the company completed the industrial and commercial registration procedures and obtained the "Enterprise Legal Person Business License" with registration number 440106000107519 from the Guangzhou Administration for Industry and Commerce.