Wilmar International Limited announced the establishment of subsidiaries. Yihai Kerry (Kaiyuan) Oils, Grains & Food Industries Co. Ltd. (YK Kaiyuan) is a direct wholly- owned subsidiary of Yihai Kerry Arawana Holdings Co. Ltd. (YKA), which is in turn, an indirect 99.99% owned subsidiary of Wilmar. YK Kaiyuan has a registered capital of RMB 160,000,000. YK Kaiyuan will engage in processing of soybean powder and corn germ crushing. Kunshan Wusongjiang Grains Industries Development Co. Ltd. (Kunshan Wusongjiang) is a direct 33% owned associated company of Yihai Kerry (Kunshan) Foodstuffs Industries Co., Ltd, which is in turn, an 80% owned subsidiary of YKA. The remaining 67% of the registered capital of Kunshan Wusongjiang is held by Jiangsu Grain Group Kunshan Grain Purchase and Storage Co. Ltd. (33%) and Kunshan Grains & Oils Purchase and Marketing Co. Ltd. (34%), parties not related to Wilmar. Kunshan Wusongjiang has a registered capital of RMB 10,000,000. Kunshan Wusongjiang will engage in trading of oils and grains and provision of logistic services. Yihai Kaijiangyuan Trading (Shenzhen) Co. Ltd. (YH Kaijiangyuan) is a direct 10% owned associated company of YKA. The remaining 90% of the registered capital of YH Kaijiangyuan is held by Shenzhen Kajiangyuan Trading Co., Ltd, a party not related to Wilmar. YH Kaijiangyuan has a registered capital of RMB 10,000,000. YH Kaijiangyuan will engage in trading of daily necessities. WI Kitchen (Shanghai) Food Technology Co. Ltd. (WI Kitchen) is a direct wholly-owned subsidiary of WI Kitchen (Tianjin) Investment Co., Ltd, which is in turn, an indirect wholly-owned subsidiary of YKA. WI Kitchen has a registered capital of RMB 12,000,000. WI Kitchen will provide e-commerce technology and services to the YKA Group's businesses.