Company QINGMEI GROUP HOLDINGS LIMITED

Qingmei Group Holdings Limited is a China-based investment holding company. The Company operates in one segment, being the design manufacturer of mid-end and high-end sports shoe soles under its Qingmei brand. Its products comprise 3 types of sports shoe soles, namely MD II, MD I and RB shoe soles, which are used in the manufacture of shoes used for athletic, sporting and physical activities such as running, tennis, basketball, climbing, cross training and casual-wear sports. Qingmei Group has well-known domestic brand names such as Double Star, Jin Shu Wang, Kang Ta, Hongxing Erke, KBird and Xtep. The Company is also a vertically integrated manufacturer of sports shoe soles, with the ability to manufacture key semi-processed raw materials, EVA compound pellets and TPU pellets. The Company's operations are conducted in the People's Republic of China, excluding Hong Kong and Macau. The subsidiaries of the company are Qing Mei International Investment Limited, HK Qingmei, Qingmei China.