Dragon Jade International Limited (the "Company") was incorporated on April 14, 2008 in the British Virgin Islands. The principal activity of the Company is investment holding.

In April 2012, the Company chartered a new subsidiary, Alpha Ultimate Limited under the laws of the Special Administrative Region of Hong Kong which operates in the health supplement industry.

On August 31, 2012 the Company entered into a stock exchange agreement with United Century Holdings Limited, a privately held corporation. On September 1 2012, the Company consummated the transaction contemplated by the stock exchange agreement. All of the capital stock of United Century Holdings Limited was exchanged for an aggregate of 20,003,319 shares of the Company's capital stock. The Company became a 100% holding company of United Century Holdings Limited.

United Century Holdings Limited ("UCHL") was incorporated on March 2, 2012 under the British Virgin Islands Business Companies Act, 2004 with limited liabilities. UCHL is established as a special purpose holding company whose objective is to become a holding company by consummate an acquisition, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more business located in Hong Kong. On July 10, 2012, UCHL executed an acquisition of 7,879,500 out of 8,000,000 ordinary shares, par value $0.1282 (HK$1) per share, of the United Asia Medical Network Company Limited ("UAM") and became a 98.49% holding company of UAM.

UAM was incorporated on May 6, 1998 as a limited liability company under Hong Kong Companies Ordinance, Chapter 32. Its principal business is trading of health supplement products and providing related medical and health consultancy services.

On March 20, 2018, the Company acquired 3,000 shares of Dragon Jade Medical Company Limited (DJMC), representing 30% of the total issued shares of DJMC, at a purchase price of $300 per share for total consideration of $900,000. DJMC was incorporated on January 25, 2017, as a limited liability company under Hong Kong Companies Ordinance, Chapter 32. DJMC was formed to offering medical equipment and aircraft financing solutions, including both direct financial leasing and sale-leaseback services to customers in health care and airlines in China through 100% owned subsidiary Shenzhen Dragon Jade Financial Leasing Company Limited formed under the laws of the Peoples' Republic of China.

Details of the Company's subsidiaries and associate (which together with the Company are collectively referred to as the "Group") and their principal activity as of March 31, 2018 were as follows:

Name	Date of incorporation/ establishment	Place of incorporation/ registration and operation	Percentage of equity interest attributable to the Company			Principal activities

Alpha Ultimate Ltd. ("AUL")	April 11, 2012	Hong Kong		100	%	Health supplement trading

United Century Holdings Ltd. ("UCHL")	March 2, 2012	BVI		100	%	Investment holding

United Asia Medical Network Company Limited ("UAM")	May 6, 1998	Hong Kong		98.49	%	Health supplement trading

Dragon Jade Medical Company Limited ("DJMC")	January 25, 2017	Hong Kong		30	%	Investment holding

Shenzhen Dragon Jade Financial Leasing Company Limited ("SZDJFL")	September 4, 2017	Peoples's Republic of China		30	%	Financial leasing