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Document

Entity Shareholding

: Tianyi International Holdings Co.

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Ind	Shareholder	Virtual	Percentage	From	To	Scenario	Link & Description
	Hengyi Petrochemical Co., Ltd.		100.00%	02/2015	12/2050	Statutory SH	The Company holds 100% equity of Hong Kong Tianyi International Holdings Co., Ltd. through Zhejiang Hengyi Petrochemical Co.
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