Dalian Dayang Trands Co.

Dalian Dayang Trands Co., Ltd. is mainly engaged in the manufacture, processing and distribution of garments, including men's business suits, coats, women's clothing, sportswear, jackets and cotton dresses, among others. The Company markets its men’s business suits under brand name of Trands. During the year ended December 31, 2007, the Company obtained approximately 72% of its total revenue from the sale of men's business suits. As of December 31, 2007, the Company had 12 major subsidiaries/associates. Headquartered in Dalian, Liaoning Province, China, the Company distributes its products in both domestic and overseas markets. (Source: ARS)