Hunan Xinghai Sports Co., Ltd. (hereinafter referred to as “the Company”) is a wholly-owned subsidiary of Hunan Xinhai Co., Ltd., with a registered capital of RMB 10 million, specializing in the production of sports nets and supporting facilities for sports ground. The main products include the soccer goal series, golf net series, baseball net series, volleyball net series, hockey net series, badminton net series, swing series, basketball net series, beach series, fishing series and sports bag series. The Company adheres to the business philosophy of “Technology Leading, Innovation as the Foundation of Enterprise, Quality First and Service Supreme” to develop the first brand of sports net in China with its every effort. Furthermore, it pursues the cooperation with domestic and foreign merchants to jointly seek the development of sports industry in China.