Shanghai Decoration Industries Ltd.

General projects: production of paper products (except those with chemical processes); sale of hotel supplies; sale of paper products; graphic design; professional design services. Licensing of projects (in addition to those subject to legal authorization, the operation of which is carried out on an autonomous basis in accordance with the law) by means of a licence: construction activities of various kinds; import and export of goods; import and export of technology; printing of printed materials in packaging. (A project subject to legal authorization may only be operated with the approval of the relevant department, subject to the approval of the relevant department or licence)