Premier Marketing Public Company Limited has been established a new subsidiary of the Company in Shenzhen, the Republic of China, Shenzhen Premier Marketing Company Limited, on 9 October 2021 regarding to the resolutions of the Board of Directors Meeting No. 3/2021 of the Company held on 11 May 2021. The Company holds a 100% stake and has an initial paid-up capital of CNY 1,00,000. The objective Is to carry out sales and distribution of the Company's products through both offline and online distribution channels, and includes marketing activities and product advertisements, import and export of products. Currently, SZPM is in the process of payment of registered capital, in accordance with the legal process of the Republic of China.