EX-21 2 v371583_ex21.htm EXHIBIT 21

 

Exhibit 21

 

Subsidiaries

 

   Domicile and      Percentage    
   Date of  Registered   of    
Name of Subsidiary  Incorporation  Capital   Ownership   Principal Activities
               
City Zone Holdings Limited ("City Zone")  British Virgin Islands, July 27, 2009  $20,283,581    100%  Holding company of Most Smart
                 
Most Smart International Limited ("Most Smart")  Hong Kong, March 11, 2009  $1    100%  Holding company of Shenzhen Redsun
                 
Redsun Technology (Shenzhen) Co., Ltd. ("Shenzhen Redsun")  The PRC, August 20, 2009  $30,000    100%  Holding company of Shenzhen JiRuHai, Taizihu and Huichun
                 
Shenzhen JiRuHai Technology Co., Ltd.("Shenzhen JiRuHai")  The PRC, August 20, 2009  $14,638    100%  Holding company of Beijing Detian Yu
                 
Detian Yu Biotechnology (Beijing) Co., Ltd. ("Detian Yu")  The PRC, November 30, 2006  $7,637,723    100%  Wholesale distribution of simple-processed and deep-processed packaged food products and staple food. Holding company of the following first five entities.
                 
JinzhongDeyu Agriculture Trading Co., Ltd. ("JinzhongDeyu")  The PRC, April 22, 2004  $1,492,622    100%  Organic grains preliminary processing and wholesale distribution.
                 
JinzhongYongcheng Agriculture Trading Co., Ltd. ("JinzhongYongcheng")  The PRC, May 30, 2006  $1,025,787    100%  Corns preliminary processing and wholesale
                 
JinzhongYuliang Agriculture Trading Co., Ltd. ("JinzhongYuliang")  The PRC, March 17, 2008  $13,963,243    100%  Corns preliminary processing and wholesale distribution.
                 
Tianjin Guandu Food Co., Ltd. ("Tianjin Guandu")  The PRC, June 21, 2011  $1,544,497    100%  Wholesale distribution of simple-processed and deep-processed packaged food products and staple food.
                 
HebeiYugu Grain Co., Ltd. ("HebeiYugu")  The PRC, July 25, 2011  $1,563,824    70%  Wholesale distribution of grain products and operating or acting as an agent of import & export business for grain products.
                 
Shanxi Taizihu Food Co., Ltd. (“Taizihu”) (1)  The PRC, July 27, 2003  $1,208,233    100%  Producing and selling fruit beverages and soybean products.
                 
Shanxi HuiChun Bean Products Co., Ltd. (“Huichun”) (1)  The PRC, September 2, 2007  $2,636,192    100%  Producing and selling fruit beverages and soybean products.
                 
Jilin Jinglong Agriculture Development Limited (“Jinglong”)  The PRC, October 10, 2012  $3,152,138    99%  Procurement, storage and sales of corn and grain.

 

(1)Taizihu and Huichun became the wholly-owned subsidiaries of the Company on February 2, 2012 through a business acquisition. They have been within the scope of consolidation since February 2, 2012.