Jiangsu Sutang Candy and Wine Foodstuff Co., Ltd. is a
subsidiary of Jiangsu Jinling Trading Co., Ltd. whose registered capital is 30
million RMB, and the shareholder ratio of the Jinling Trading Co., Ltd. is
52.2%. Its main business involves the distribution of the world-renowned
alcoholic beverages, candy and wine. In the face of policy changes and decline
in demand, the company has strengthened risk control, optimized its product
structure, reduced stocks, integrated market resources and improved its
business network, and now is the general vendor distributor in Jiangsu province
of over 450 alcoholic drinks and wines including Moutai, Wuliangye, Changyu and
Lafite, and thus the largest operator of middle- and top-grade alcohol brands
in Jiangsu province. The company’s revenue has reached 0.431 billion RMB, and
by the end of June 2013, its total assets were 2.0428 billion RMB and its net assets
were 0.6918 billion RMB.