Shanghai Guangming Group is a well-known dairy and food enterprise in China, and its business covers many fields such as milk, milk powder, yogurt, milk beverage and dairy products. The following are subsidiaries of Shanghai Guangming Group:

1, Bright Dairy Co., Ltd.: Mainly engaged in the production and sales of milk, milk powder, yogurt, milk drinks and other products.

2. Bright Dairy (Shanghai) Co., Ltd.: Mainly engaged in the production and sales of dairy products.

3. Shanghai Bright Dairy Co., Ltd.: Mainly engaged in the production and sales of dairy products.

4. Guangming Agriculture (Shanghai) Co., Ltd.: Mainly engaged in the production and sales of agricultural products.

5. Shanghai Guangming Food Co., Ltd.: Mainly engaged in food production and sales.

6. Shanghai Guangming Yangshengtang Co., Ltd.: Mainly engaged in the production and sales of health care products.