Tibet Rhodiola Pharmaceutical Holding

Tibet Rhodiola Pharmaceutical Holding Co. is primarily engaged in the manufacture and sale of pharmaceuticals. The Company's major businesses include the sale of self-produced drugs and drug wholesale and others. During the year ended December 31, 2007, the Company obtained approximately 88% and 12% of its total revenue from drug wholesale and others, and the sale of self-produced drugs, respectively. The Company operates its businesses mainly in the domestic market, including Guangdong Province, Shanghai City, Beijing City and others. In 2007, the Company made two full investments on two companies, of which one was engaged in real estate business and the other was engaged in drug distribution. (Source: ARS)