Jiangsu Honggang Industries Co., Ltd.

Jiangsu Honggang Industries Co., Ltd. situates in Wuxi, a dynamic industrial and commercial area adjacent to Shanghai and Suzhou. We historically transformed from Jiangsu Textile Group Wuxi Business Center established in ***2, a state-owned branch of Jiangsu Provincial Textile Administration. Apart from traditional textile machinery, in mid *0s€™ the group diversified into vegetable oil machine business beginning with cottonseed oil mills, a deepened value chain from cotton ginnery. From there we gradually extended our business to versatile facilities in agriculture products processing. After the structure reform in ***2, we operated under current name to continue introducing Chinese machinery to the world. Now we are a member of Jiangsu SOHO Holdings Group Co., Ltd., watched by State-owned Assets Supervision & Administration Commission of Jiangsu Government.

Currently we have three real-estates in Wuxi, total *0,**0m2 evaluated over RMB **0 million (USD*0M). To serve our business we have three strategic alliances in manufacturing sector.