Yes

Qianbaidu International Holdings Co., Ltd. is the second largest manufacturer of high-end business casual women's shoes, engaged in the production and sales of high-end women's shoes with diversified designs. The group owns four independent brands: "Qianbaidu", "Yiban", "Sun Dance" and "Miao". It also sells women's shoes through the authorized brand "Naran" and distributes "ASH" and "JC" brand products. Qianbaidu Group mainly sells its own products and licensed brand products through retail department stores and independent retail stores in first-, second- and third-tier cities, and wholesales its own brand products to franchised dealers.

"Qianbaidu" is a brand independently developed by the group. It was launched in 1995. In 2012, its retail revenue ranked fourth in the mid-to-high-end women's shoe market. In February 2013, "Qianbaidu" purchased the trademarks of the international fashion brands "BADGLEYMISCHKA" and "MARKJAMES". In March 2013, we signed a distribution agreement with the main distributors Dongguan Gaojie Trading Co., Ltd. and Dongguan Jiexi Leather Products Co., Ltd. to distribute "ASH" and "JC" brand products, further enriching the group's brand portfolio and increasing the group's presence in the footwear market market share and influence. Qianbaidu women's shoes are one of the main brands of Miramar Industrial Company. The chief designer is a famous Italian fashion designer. His design style is fashionable, simple, comfortable and full of vitality, keeping up with the world's fashion trends.