Xin Guo Wang

Zhonghuang Co., Ltd. is a Chinese company that engages in international trading, processes and distributes sugar, and develops and sells real estate properties. The private company is based in Tianjin, China.

China National Sugar & Alcohol Group Corp. is a Chinese company that manufactures granulated sugar. The company is based in Beijing, China. The company is ultimately controlled by the Government of China.

Noble Family Wine & Liquor Co., Ltd. engages in the liquor wholesale and retail, and franchise store management and service businesses. Its Liquor Wholesale and Retail business distributes wine products to offline dealers, third party electronic commerce platforms, and mobile and online mall platforms. Its Franchise Store Management and Service business involves in provision of management and service improvement for franchisees, and training services. The company was founded on May 27, 2008 and is headquartered in Beijing, China.