| Subsidiary                                                                        |   | State      or Other Jurisdiction of Incorporation |
|-----------------------------------------------------------------------------------|--------|---------------------------------------------------|
|                                                                              |   |                                              |
| American      Flying Crane Corporation                                            |   | Delaware                                          |
|                                                                              |   |                                              |
| Heilongjiang      Feihe Dairy Co., Limited                                        |   | China                                             |
|                                                                              |   |                                              |
| Gannan      Flying Crane Dairy Products Co., Limited                              |   | China                                             |
|                                                                              |   |                                              |
| Langfang      Flying Crane Dairy Products Co., Limited                            |   | China                                             |
|                                                                              |   |                                              |
| Shanxi      Feihesantai Biotechnology Scientific and Commercial Co.,      Limited |   | China                                             |
|                                                                              |   |                                              |
| Baiquan      Feihe Dairy Co., Limited                                             |   | China                                             |
|                                                                              |   |                                              |
| Beijing      Feihe Biotechnology Scientific and Commercial Co., Limited           |   | China                                             |
|                                                                              |   |                                              |
| Qiqihaer      Feihe Soybean Co., Limited                                          |   | China                                             |
|                                                                              |   |                                              |
| Heilongjiang      Feihe Kedong Feedlots Co., Limited                              |   | China                                             |
|                                                                              |   |                                              |
| Heilongjiang      Feihe Gannan Feedlots Co., Limited                              |   | China                                             |
|                                                                              |   |                                              |
| Heilongjiang      Aiyingquan International Trading Co., Limited                   |   | China                                             |
|                                                                              |   |                                              |
| Heilongjiang      Flying Crane Trading Co., Limited                               |   | China                                             |

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