Our Group structure following the Restructuring exercise and as at the Latest Practicable Date is as follows:

Organization Chart

Name of Company Date and Place of Incorporation Principal Business / Principal Place of Business % Ownership / % voting power held by our Company
XLX Fertiliser 24 July 2006 / PRC Manufacture and sale of urea, compound fertiliser and methanol, liquid ammonia and ammonia solution; and to carry out businesses relating to the import and exports of goods / Xinxiang, Henan, PRC 100