China Putian Food Holding Limited (Hong Kong SAR, China)

The Group is a vertically integrated pork supplier principally engaged in hog farming, hog slaughtering and sale of pork. Fujian Tianyi is one of the largest pork suppliers in Putian City, Fujian Province, contributed to approximately 21.9% of the aggregate output of hogs in Putian City, Fujian Province in 2011. The principal products of the Group were commodity hogs and pork (including whole hog carcasses and various cuts of pork as well as different side products such as heads, intestines and other internal organs). Prior to August 2009, a majority of the Group’s revenue had been generated from the sale of commodity hogs. Upon the commencement of the operation of the Group’s slaughterhouse in August 2009, the Group shifted its focus to wholesale and retail of pork. The Group’s sales network covers the consumer market. It penetrates into Putian City, Fuzhou City, Quanzhou City and Zhangzhou City areas through its retail network consisting of direct sales outlets, concession counters at supermarkets and bulk-purchase customers.