The corporate structure of our Group (without taking into account any Shares which may be issued upon the exercise of any options that may be granted under the Share Option Scheme):
1. Sino Ford Enterprises Limited was incorporated on 30 April 2015 in the BVI and it is an investment holding company. Mr. Yang Jinming is the sole director of Sino Ford Enterprises Limited.
2. Fugang Holdings Limited was incorporated on 22 May 2015 in the BVI and it is an investment holding company. Mr. Yang Fan is the sole director of Fugang Holdings Limited.