| ·   | AgFeed Industries, Inc. (British Virgin Islands) |
|--------------------|--------------------------------------------------|

| ·   | AgFeed Animal Nutrition Holdings, Inc. (British Virgin Islands) |
|--------------------|-----------------------------------------------------------------|

| ·   | AgFeed Animal Nutrition, Inc. (British Virgin Islands) |
|--------------------|--------------------------------------------------------|

| ·   | Shandong AgFeed Agribusiness Co., Ltd. (Shandong Province, Peoples Republic of China) |
|--------------------|---------------------------------------------------------------------------------------|

| ·   | Hainan HopeJia Feed Co., Ltd. (Hainan Province, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------------|

| ·   | Nanchang AgFeed Animal Feed Co., Ltd (Jiangxi Province, Peoples Republic of China) |
|--------------------|------------------------------------------------------------------------------------|

| ·   | Shanghai AgFeed Animal Husbandry Co., Ltd. (Municipality of Shanghai, Peoples Republic of China) |
|--------------------|--------------------------------------------------------------------------------------------------|

| ·   | Nanning AgFeed Animal Husbandry Co., Ltd. (Guangxi Province, Peoples Republic of China) |
|--------------------|-----------------------------------------------------------------------------------------|

| ·   | Nanchang Best Animal Husbandry Co., Ltd. (Jiangxi Province, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------------------------|

| ·   | Lushan Breeder Pig Farm Co., Ltd (Jiangxi Province, Peoples Republic of China) |
|--------------------|--------------------------------------------------------------------------------|

| ·   | Jiangxi Huyun Hog Farm (Jiangxi Province, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------|

| ·   | Wannian Xianai Animal Husbandry Limited Liability Co. (Jiangxi Province, Peoples Republic of China) |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | Ganzhou Green Animal Husbandry Develop Co. Ltd. (Jiangxi Province, Peoples Republic of China) |
|--------------------|-----------------------------------------------------------------------------------------------|

| ·   | Dean AgFeed Hog Farm (formerly Gang Feng Animal Husbandry Co. Ltd.) (Jiangxi Province, Peoples Republic of China) |
|--------------------|-------------------------------------------------------------------------------------------------------------------|

| ·   | Yichun Tianpeng Domestic Livestock Farm, Ltd. (Jiangxi Province, Peoples Republic of China) |
|--------------------|---------------------------------------------------------------------------------------------|

| ·   | Zhejiang Pinghu Yongxin Hog Farm (Municipality of Shanghai, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------------------------|

| ·   | Shanghai Henglong Hog Farm (formerly Shanghai Fengxian Hog Farm) (Municipality of Shanghai, Peoples Republic of China) |
|--------------------|------------------------------------------------------------------------------------------------------------------------|

| ·   | Shanghai Tuanxi Hog Farm (Municipality of Shanghai, Peoples Republic of China) |
|--------------------|--------------------------------------------------------------------------------|

| ·   | Shanghai Senrong Hog Farm (Municipality of Shanghai, Peoples Republic of China) |
|--------------------|---------------------------------------------------------------------------------|

| ·   | Xiamen Xiqing Hog Farm (formerly Fujian Xiamen Muxin Hog Farm) (Fujian Province, Peoples Republic of China) |
|--------------------|-------------------------------------------------------------------------------------------------------------|

| ·   | Jian AgFeed Hog Farm (formerly Jiangxi Zhiliang Hog Farm) (Jiangxi Province, Peoples Republic of China) |
|--------------------|---------------------------------------------------------------------------------------------------------|

| ·   | Shanghai WeiSheng Hog Raising Co., Ltd. (Municipality of Shanghai, Peoples Republic of China) |
|--------------------|-----------------------------------------------------------------------------------------------|

| ·   | Shanghai Best Animal Husbandry Co., Ltd (Municipality of Shanghai, Peoples Republic of China) |
|--------------------|-----------------------------------------------------------------------------------------------|

| ·   | Nanping Minkang Hog Farm (Municipality of Shanghai, Peoples Republic of China) |
|--------------------|--------------------------------------------------------------------------------|

| ·   | Guangxi Huijie Sci & Tech Feed Co., Ltd (Guangxi Province, Peoples Republic of China) |
|--------------------|-------------------------------------------------------------------------------------------|

| ·   | Guangdong Huichen (Lianjiang Xinfa) Hog Farm (Guangxi Province, Peoples Republic of China) |
|--------------------|--------------------------------------------------------------------------------------------|

| ·   | Guangxi Nanning Wanghua Hog Farm (Guangxi Province, Peoples Republic of China) |
|--------------------|--------------------------------------------------------------------------------|

| ·   | Guangxi Linxing Hog Farm (Guangxi Province, Peoples Republic of China) |
|--------------------|------------------------------------------------------------------------|

| ·   | Nanning Shunhua Hog Farm Co., Ltd. (Jiangxi Province, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------------------|

----

| ·   | Nanning Shunan Hog Farm Co., Ltd. (Fujian Province, Peoples Republic of China) |
|--------------------|--------------------------------------------------------------------------------|

| ·   | Guangxi Guigang Gangda Hog Farm (Guangxi Province, Peoples Republic of China) |
|--------------------|-------------------------------------------------------------------------------|

| ·   | Guangxi Gangxuan Hog Farm Co., Ltd (Guangxi Province, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------------------|

| ·   | Guangxi Xingye Guihong Hog Farm (Guangxi Province, Peoples Republic of China) |
|--------------------|-------------------------------------------------------------------------------|

| ·   | Xin Penglong (Hainan Haikou Meilan Hog Farm) (Hainan Province, Peoples Republic of China) |
|--------------------|-------------------------------------------------------------------------------------------|

| ·   | Hainan Haikou Wohao Hog Farm (Guangxi Province, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------------|

| ·   | Guilin Huifu Hog Farm (formerly Guangxi Guilin Fuzhi Hog Farm) (Guangxi Province, Peoples Republic of China) |
|--------------------|--------------------------------------------------------------------------------------------------------------|

| ·   | Jiangxi Best Swine Development Co. (Jiangxi Province, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------------------|

| ·   | Fujian Jianhua Hog Farm (Fujian Province, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------|

| ·   | Fujian Fengxiang Agribusiness Co., Ltd (Fujian Province, Peoples Republic of China) |
|--------------------|-------------------------------------------------------------------------------------|

| ·   | Nanping Kangda Animal Husbandry Co., Ltd (Guangxi Province, Peoples Republic of China) |
|--------------------|----------------------------------------------------------------------------------------|

| ·   | Fujian Jianxi Breeder Hog Farm Co., Ltd. (Fujian Province, Peoples Republic of China) |
|--------------------|---------------------------------------------------------------------------------------|

| ·   | Hypor-AgFeed Breeding Company, Inc (Jiangxi Province, Peoples Republic of China)--85% |
|--------------------|---------------------------------------------------------------------------------------|

| ·   | Da Hua AgFeed Animal Husbandry Co., Ltd (Guangxi Province, Peoples Republic of China) |
|--------------------|---------------------------------------------------------------------------------------|

| ·   | Xinyu AgFeed Animal Husbandry Co. Ltd. (Jiangxi Province, Peoples Republic of China) |
|--------------------|--------------------------------------------------------------------------------------|

| ·   | AgFeed Industries Holdings, Inc. (British Virgin Islands) |
|--------------------|-----------------------------------------------------------|

| ·   | AgFeed International Protein Technology Corp. (British Virgin Islands) (84.9%) |
|--------------------|-------------------------------------------------------------------------------------|

| ·   | M2 P2, LLC (Delaware) |
|--------------------|-----------------------|

| ·   | M2P2 General Operations, LLC (Delaware) |
|--------------------|-----------------------------------------|

| ·   | Midwest Finishing LLC (Delaware) |
|--------------------|----------------------------------|

| ·   | Genetics Operating LLC (Colorado) |
|--------------------|-----------------------------------|

| ·   | Pork Technologies, L.C. (Iowa) |
|--------------------|--------------------------------|

| ·   | New Colony Farms LLC (North Carolina) |
|--------------------|---------------------------------------|

| ·   | Heritage Farms LLC (Colorado) |
|--------------------|-------------------------------|

| ·   | MGM, LLC (Delaware) |
|--------------------|---------------------|

| ·   | TS Finishing, LLC (Delaware) |
|--------------------|------------------------------|

| ·   | New York Finishing, LLC (Delaware) |
|--------------------|------------------------------------|

| ·   | M2P2 Facilities, LLC (Delaware) |
|--------------------|---------------------------------|

| ·   | Heritage land, LLC (Colorado) |
|--------------------|-------------------------------|

| ·   | New Colony land Company, LLC (North Carolina) |
|--------------------|-----------------------------------------------|

| ·   | Genetics Land, LLC (Colorado) |
|--------------------|-------------------------------|

| ·   | M2P2 AF JV, LLC (Delaware) |
|--------------------|----------------------------|