Subsidiary

	Hangzhou Polyurethane Foam Co., Ltd.
	Hangzhou Jihua Macromolecular Materials Co., Ltd.
	Hangzhou Jihua Jiangdong Chemical Ind. Co., Ltd.
	Jiangsu Jihua Chemical Co.,Ltd.
	Hangzhou Jihua Import & Export Co., Ltd.

It is the import &export company of of Jihua Group.
It mainly deals with all kinds of dyes, paints, pigment, and relevant chemicals.