Jiangxi Weimeng Group Co., Ltd.

Jiangxi Weimeng Group Co., Ltd. (formerly Jiangxi Weimeng Feed Co., Ltd.) was established in 1995. After 13 years of rapid development, it has formed a diversified business development pattern based on the feed industry (feed production and feed raw material trade), supported by the real estate industry (real estate and municipal project investment and development), and led by the mining industry (mineral resource project investment and trade). The Group has 9 wholly-owned (controlling) subsidiaries, with total assets of 1.8 billion RMB. It has become a backbone private enterprise group in the local region with strong comprehensive operational strength and a high reputation. As the foundational industry segment of the Group's entrepreneurial development, the feed industry produces "Weimeng" and "Spring" brand series poultry feed products independently developed and produced by Jiangxi Weimeng Feed Co., Ltd. These products are deeply trusted by users, with annual production and sales exceeding 100,000 tons. The market network covers Jiangxi Province and surrounding provinces and cities, and has become one of the influential brands in the regional market. The Jiangxi Feed Raw Material Trading Market, independently invested and constructed by the Group, has introduced manufacturers and suppliers from more than ten provinces (cities) across the country. Its annual trading volume exceeds 1 million tons, and annual transaction value exceeds 1 billion RMB. It has become the largest feed raw material distribution center in Jiangxi Province and even East China. Nanchang Hongxinhai Industrial Co., Ltd. conducts feed raw material trading business, with annual sales exceeding 300,000 tons. Among them, the monthly sales of soybean meal, the main feed raw material, reach as high as 20,000 tons, occupying one-third of the provincial market. The steady operation of the Group's feed industry segment has laid a solid foundation for the rapid and healthy development of Weimeng's business. As the current pillar industry segment of the Group's development, the real estate industry includes: "Mengli Shuixiang" - China's first Song Ci cultural commercial and residential community project developed by Jiangxi Xinyuan Real Estate Development Co., Ltd., located by the beautiful Chengbi Lake, covering an area of 591 mu, with a total construction area of 600,000 square meters. It has successively won the honors of "China Top 100 Real Estate Enterprises" and "China Famous Property" at the 2004 China Housing Fair. The municipal landscape project undertaken by the Group - "Chengbi Lake Park" (covering an area of more than 1,500 mu) was successfully completed and praised as a "boutique model project". "Weimeng·Qingshuiwan" - China's first tea culture residential community project developed by Nanchang Haojia Industrial Co., Ltd., located in the beautiful Xianghu Scenic Area of Nanchang City, covering an area of 1,200 mu, with a total construction area of 1.2 million square meters. The project was launched in 2007 and will be strengthened and expanded according to the concept of "high starting point, large scale, and building boutique brand properties". Jiangxi Xinqin Property Co., Ltd. adheres to the management philosophy of "no small matters in property management, details determine success or failure". By adhering to the purpose of "love, sincerity, enthusiasm, and patience", it won the honor of "Property Management Demonstration Residential Community" awarded by the state and the provincial party committee in 2006. The rapid development of the Group's real estate segment demonstrates Weimeng's strong economic strength and development potential. As the leading industry segment for the Group's future development, the mining industry: Shanghai Hongxinyuan Industrial Co., Ltd., positioned with "high starting point and internationalization", builds a development platform for the Group's investment and entry into the capital market. It has negotiated cooperation matters with domestic geological exploration departments and domestic and overseas investors. Anhui Hongxinyuan Mining Co., Ltd.'s "Mabianshan Iron Mine" project has geological reserves of 29 million tons of iron ore, with prospective reserves reaching 50 million tons. The designed total investment of the project is 450 million RMB, with annual mining and processing of 1.5 million tons of ore and a service life of 28 years. The "Iron Mine Mining Shaft Commencement Ceremony" of the project was held in February 2007 and has been listed in Anhui Province's "816 Project" action plan. On February 28, 2007, Hunan Hengyang Hongxinyuan Mining Co., Ltd. was grandly established and unveiled. On November 17 of the same year, the company's "Tangjiachong Gold Mine" project was officially put into production. On May 6, 2008, it officially signed a contract with KM Mining Company of the Democratic Republic of Congo in Africa. Both parties agreed to cooperate in establishing HM Mining Company in the Democratic Republic of Congo, with our side holding a 75% stake. This marks that the Group's mining investment has an overseas development platform, which plays an inestimable important role in accelerating the transformation and development of the Group's leading mining industry. The rapid expansion of the Group's leading industry demonstrates the beautiful blueprint for the sustainable development of Weimeng's business.