| Names                                                                                    |   | Jurisdiction         |   | Ownership                                                                                                                                       |
|------------------------------------------------------------------------------------------|--------|----------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                     |   |                 |   |                                                                                                                                            |
| BEFUT      Corporation (“Befut Nevada”)                                      |   | State      of Nevada |   | 100%      owned by Frezer, Inc.                                                                                                                 |
|                                                                                     |   |                 |   |                                                                                                                                            |
| Hongkong      BEFUT Co., Limited (“Befut Hongkong”)                          |   | Hong      Kong       |   | 100%      owned by Befut Nevada                                                                                                                 |
|                                                                                     |   |                 |   |                                                                                                                                            |
| Befut      Electric (Dalian) Co., Ltd. (“WFOE”)                              |   | P.R.      China      |   | 100%      owned by Befut Hongkong                                                                                                               |
|                                                                                     |   |                 |   |                                                                                                                                            |
| Dalian      Befut Wire and Cable Manufacturing Co., Ltd. (“Dalian    Befut”) |   | P.R.      China      |   | Controlled      by WFOE through a series of agreements pursuant to which Dalian Befut      shall be exclusively manufacturing products to WOFE. |
|                                                                                     |   |                 |   |                                                                                                                                            |
| Dalian      Marine Cable Co., Ltd. (“Befut Marine”)                          |   | P.R.China            |   | 86.6%      owned by Dalian Befut                                                                                                                |
|                                                                                     |   |                 |   |                                                                                                                                            |
| Befut      Zhong Xing Switch Co., Ltd. (“Befut Zhong Xing”)                  |   | P.      R.China      |   | 70%      owned by Dalian Befut                                                                                                                  |

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