| 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) |
|                                                                             |   |                                        |   |                                                                                                                                                                                                   |
| 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 Dalian Befut                                                                                                                                                                            |

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