（“KINGDECOR夏王”Trademark）

Kingdecor, founded in September 13, 2004, islocated in zhejiang qu jiang economic development zone, is a joint venturebetween Schattdecor Paper AG and Xianhe Corp. With registered capital of $32.6million, Kingdecor mainly engaged in the manufacture and sale of decorativebase paper, annual production of nearly 270000 tons, Kingdecor is currently theworld's largest production base of high-grade decorative base paper.

      In June 2011, January2015 and the end of 2018, the second, third and fourth production lines of thecompany were put into operation respectively, forming an annual productioncapacity of nearly 270,000 tons of decorative base paper -- Kingdecor hasbecome the world's largest production base of high-grade decorative base paper. In the future, the company will actively promote the domestic and international market of the decorative paper industry.