| Names                                                                                    |   | Jurisdiction                                     |   | Ownership                                                                                                                                                                                                             |
|------------------------------------------------------------------------------------------|--------|--------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                     |   |                                             |   |                                                                                                                                                                                                                  |
| BEFUT      Corporation (“Befut Nevada”)                                      |   | State      of Nevada                             |   | 100%      owned by BEFUT                                                                                                                                                                                              |
|                                                                                     |   |                                             |   |                                                                                                                                                                                                                  |
| Hongkong      BEFUT Co., Limited (“Befut Hongkong”)                          |   | Hong      Kong                                   |   | 100%      owned by Befut Nevada                                                                                                                                                                                       |
|                                                                                     |   |                                             |   |                                                                                                                                                                                                                  |
| Befut      Electric (Dalian) Co., Ltd. (“WFOE”)                              |   | People’s      Republic of China            |   | 100%      owned by Befut Hongkong                                                                                                                                                                                     |
|                                                                                     |   |                                             |   |                                                                                                                                                                                                                  |
| Dalian      Befut Wire and Cable Manufacturing Co., Ltd. (“Dalian    Befut”) |   | People’s      Republic of China            |   | Captive      manufacturer of WFOE through a series of contractual agreements (described      in the section entitled “Business – Manufacturing Process – OEM      Agreements” in this Report) |
|                                                                                     |   |                                             |   |                                                                                                                                                                                                                  |
| Dalian      Marine Cable Co., Ltd.                                                       |   | People’s      Republic of China            |   | 86.6%      owned by Dalian Befut                                                                                                                                                                                      |
|                                                                                     |   |                                             |   |                                                                                                                                                                                                                  |
| Befut      Zhong Xing Switch Co., Ltd.                                                   |   | People’s      Republic of China            |   | 73.5%      owned by Dalian Befut                                                                                                                                                                                      |
|                                                                                     |   |                                             |   |                                                                                                                                                                                                                  |
| Dalian      Yuansheng Technology Co., Ltd.                                               |   | People’s  Republic      of China |   | 93.3%      owned by DalianBefut                                                                                                                                                                                       |

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