Jake Winograd

Keefe, Bruyette & Woods, Inc. (KBW) is a full-service investment bank and broker/dealer headquartered in New York City. The firm was founded in 1962 and is a subsidiary of Stifel Financial Corp. (NYSE: SF). KBW offers sales and trading in equities securities of financial services companies.

Morgan Stanley & Co. LLC is a registered broker-dealer subsidiary of Morgan Stanley Domestic Holdings, Inc., ultimately owned by Morgan Stanley (NYSE: MS) in the US. Headquartered in New York City, the firm was founded in 1987 and provides debt and equity services including underwriting, M&A advice, securities dealing and brokerage and trade execution. Their client base ranges from large global institutional investors to hedge funds at the cutting edge of innovation in the industry.

American Estate Management Co. sells and leases licensed products to theaters, concert halls, TV networks, cable companies and consumers. The company was founded in 2004 and is headquartered in Santa Monica, CA.

China Xuefeng Environmental Engineering, Inc. engages in the improvement and upgrading of garbage recycling processing technology and equipment. Its services includes waste digestion pretreatment system, methane gas power generation system, sorting processing system, bricklaying building system, leachate treatment system, distribution control system, XFET-5 ecological and water-saving toilets and excrement comprehensive processing system, and various material collection systems. The company was founded on March 30, 2011 and is headquartered in Suqian, China.