Exhibit 21
Subsidiaries
| Domicile and | Percentage | ||||||||||||||||||
| Date of | Registered | of | |||||||||||||||||
| Name of Subsidiary | Incorporation | Capital | Ownership | Principal Activities | |||||||||||||||
| City Zone Holdings Limited ("City Zone") | British Virgin Islands, July 27, 2009 | $ | 20,283,581 | 100 | % | Holding company of Most Smart | |||||||||||||
| Most Smart International Limited ("Most Smart") | Hong Kong, March 11, 2009 | $ | 1 | 100 | % | Holding company of Shenzhen Redsun | |||||||||||||
| Redsun Technology (Shenzhen) Co., Ltd. ("Shenzhen Redsun") | The PRC, August 20, 2009 | $ | 30,000 | 100 | % | Holding company of Shenzhen JiRuHai, Taizihu and Huichun | |||||||||||||
| Shenzhen JiRuHai Technology Co., Ltd.("Shenzhen JiRuHai") | The PRC, August 20, 2009 | $ | 14,638 | 100 | % | Holding company of Beijing Detian Yu | |||||||||||||
| Detian Yu Biotechnology (Beijing) Co., Ltd. ("Detian Yu") | The PRC, November 30, 2006 | $ | 7,637,723 | 100 | % | Wholesale distribution of simple-processed and deep-processed packaged food products and staple food. Holding company of the following first five entities. | |||||||||||||
| JinzhongDeyu Agriculture Trading Co., Ltd. ("JinzhongDeyu") | The PRC, April 22, 2004 | $ | 1,492,622 | 100 | % | Organic grains preliminary processing and wholesale distribution. | |||||||||||||
| JinzhongYongcheng Agriculture Trading Co., Ltd. ("JinzhongYongcheng") | The PRC, May 30, 2006 | $ | 1,025,787 | 100 | % | Corns preliminary processing and wholesale | |||||||||||||
| JinzhongYuliang Agriculture Trading Co., Ltd. ("JinzhongYuliang") | The PRC, March 17, 2008 | $ | 13,963,243 | 100 | % | Corns preliminary processing and wholesale distribution. | |||||||||||||
| Tianjin Guandu Food Co., Ltd. ("Tianjin Guandu")(1) | The PRC, June 21, 2011 | $ | 1,544,497 | 100 | % | Wholesale distribution of simple-processed and deep-processed packaged food products and staple food. | |||||||||||||
| HebeiYugu Grain Co., Ltd. ("HebeiYugu") | The PRC, July 25, 2011 | $ | 1,563,824 | 70 | % | Wholesale distribution of grain products and operating or acting as an agent of import & export business for grain products. | |||||||||||||
| Shanxi Taizihu Food Co., Ltd. (“Taizihu”) (2) | The PRC, July 27, 2003 | $ | 1,208,233 | 100 | % | Producing and selling fruit beverages and soybean products. | |||||||||||||
| Shanxi HuiChun Bean Products Co., Ltd. (“Huichun”) (2) | The PRC, September 2, 2007 | $ | 2,636,192 | 100 | % | Producing and selling fruit beverages and soybean products. | |||||||||||||
| Jilin Jinglong Agriculture Development Limited (“Jinglong”) | The PRC, October 10, 2012 | $ | 3,152,138 | 99 | % | Procurement, storage and sales of corn and grain. | |||||||||||||
(1) Tianjin Guandu has completed a deregistration procedure with Tianjin Industrial and Commercial Bureau on May 28, 2014.
(2) Taizihu and Huichun became the wholly-owned subsidiaries of the Company on February 2, 2012 through a business acquisition. They have been within the scope of consolidation since February 2, 2012.