HK Copines Cosmetics Company Limited

Fortune Materials Limited

HONGKONG HUAGUAN PRINTING PACKAGING LIMITED

ALTIMAIR INDUSTRIES LIMITED

MASTER GAIN TRADING DEVELOP LIMITED

International Academic Forum Limited -The-

KINGSFINE INTERNATIONAL LIMITED

FRANCE AVON INT'L COSMETICS LIMITED

COFITT (HONGKONG) INTERNATIONAL TRADE LIMITED

MANTROSHINE INVESTMENT DEVELOPMENT LIMITED

JIA HE INVESTMENT (GROUP) LIMITED