Wilmar International Limited announced the establishment of subsidiaries. Yihai Kerry (Fuyu) Energy Co., Ltd. (China Subsidiary) (‘YK Fuyu Energy’) is a direct 99% owned subsidiary of Yihai Kerry Investments Co., Ltd. (‘YKI’), which is in turn, an indirect wholly-owned subsidiary of Wilmar. The remaining 1% of the registered capital of YK Fuyu Energy is held by Fuyu County Fuhe Heating Co., Ltd, a party not related to Wilmar. YK Fuyu Energy has a registered capital of RMB 635 million.