| Statutory | ||
| Tax Rate | ||
| Beginning | ||
| January 1, | ||
| Name of Subsidiaries | 2008 | Tax Holiday (based on calendar year) |
| Shengyuan Nutritional Food Co., Ltd. | 25% | No tax holiday |
| Zhangjiakou Chahaer Dairy Co., Ltd. | 25% | 3 years tax at 12.5% (2008-10) |
| Inner Mongolia Huiliduo Food Co., Ltd. | 25% | 2 years tax exempt (2008, 2009); 3 years tax |
| at 12.5% (2010-12) | ||
| Inner Mongolia Mengyuan Food Co., Ltd. | 25% | No tax holiday |
| Meitek Technology (Qingdao) Co., Ltd. | 25% | 2 years tax exempt (2008, 2009); 3 years tax |
| at 12.5% (2010-12) | ||
| Beijing Shengyuan Huiliduo Food | 25% | No tax holiday |
| Technology Co., Ltd. | ||
| Beijing Shengyuan Huimin Technology | 25% | No tax holiday |
| Service Co., Ltd. | ||
| Global Food Trading (Shanghai) Co., Ltd. | 25% | 20% (2009), 22% (2010), 24% (2011), 25% |
| (2012) |