Watai Electronic Commerce Co. Ltd.

Licensing projects: general projects for the sale of food products (for which authorization is required in accordance with the law and approval of the relevant sector): purchase of primary agricultural products; retail sale of food products; import and export of goods; purchase and sale of herbal medicines (other than Chinese tablets) in the property; acquisition and sale of Chinese herbal medicines; sale of office equipment; retail sale of stationery; sale of health-care foodstuffs (prepackage); sale of agricultural by-products; sale of the Internet (other than the sale of goods for which authorization is required) (in addition to licensing, the autonomous operation of legally prohibited or restricted projects)