Daily Cleaning, Anti-Epidemic and other Consumable Products Business

On 31 July 2020, the Company and Mr. Zhu Qian (“Mr. Zhu”) entered into the cooperation agreement to establish a joint venture group (the “Joint Ventune Group”) which possesses the brand “易安生”/“E’ANSN” and the supply chain including the formula, brand and package design of the daily cleaning, anti-epidemic and other consumable products and is principally engaged in the sale, marketing and brand building of such products in the PRC and overseas. The Joint Venture Group also has further differentiated and expanded its business by developing the sales and marketing of personal healthcare, protective products (e.g. medical diagnostic test kit of COVID-19 and surgical gloves and nitrile gloves).