Paiho Shih Holdings Corporation (Taiwan, China)

1.Founded in Nov. 6, 2006, Paiho Shih Holdings Corporation is subsidiary of Taiwan Paiho, mainly engaged in manufacture and sale of the buckle accessories (ie Velcro) and 3C accessories products. Its main production bases are in Dongguan and Wuxi in China. It issued its stock on Mar. 29, 2011 and was listed on the stock exchange on May 18, 2011. 2 .business class and background: A. main controller is Zheng Guo Huo Yin, Director of Paiho International. Other family members who serve in the board are Zheng Sen Mei and Lin Yi Ming. B. Other director is Ke Shi Chang. The independent directors are respectively Wu Yong Fu, Lin Cheng Zhu and Cao Yong Ren. C. There are other shareholders such as Chinese Debelopemtn Industrial Bank, KTBChinaOptimumFund and Baozuo Investment.3. Operating overview: the major revenue comes from the Velcro and 3C products accessories. Velcro is mainly used in clothing, footwear, medical and sporting goods. 3C products accessories are leather products, bags, etc. B. Velcro accessories in Paiho Shih Holdings Corporation passed the certification of branded factories such as NIKE, Adidas, PUMA. C. The major sales area is Asia(not only China), accounting for 80% of the revenue.