There is no relationship between Shandong Daprai Feed Co., Ltd. and Redel Company.

Shandong Daprai Feed Co., Ltd. is a private enterprise and a listed company under the New Hualian Group. The actual controller is Fu Jun. He holds 50.00% of Beijing Feldspar Investment Co., Ltd.

Ridel Company was originally a state-owned enterprise. It has undergone joint-stock reform and is now a joint-stock enterprise. The controlling shareholder is Hualian Development Group Co., Ltd. (31.24%), and the actual controller is Hangzhou Jinjiang Group Co., Ltd. United Development Group Co., Ltd.: 20.89%.

Hualian Development Group is a large-scale enterprise group with diversified equity, with real estate development as its main business and high-tech and venture capital as auxiliary businesses. It is one of the 520 key enterprises in the country.

New Hualian Group was founded in October 1990. After 21 years of sustained and rapid development, it has become a conglomerate covering mining, chemicals, real estate, wine, ceramics, five-star hotels, financial investment and other industries. A large modern enterprise group, it has successfully created a series of well-known brands in the industry and owns 8 well-known Chinese trademarks. Among them, the Jinliufu series of liquors have ranked first among new Chinese liquor brands for many years.