Heilongjiang Feihe Dairy Co., Ltd.

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Heilongjiang Feihe Dairy Co., Ltd. has been established for over 45 years and is a leading producer and distributor of milk powder, soybean milk powder, and related dairy products in China. Our core product range consists of ten series and seventy different products and we use proprietary processing techniques to make products that are specially formulated for particular ages, dietary needs and health concerns. We have received numerous accolades, among them, the "China Top Brand" and "China Best-Known Trademark" awards.

In March of 2002, our company merged with ADY (American Dairy, Inc.) and became its first subsidiary in China, specializing in R&D, and the production and marketing of nutritional dairy products. In May of 2003, our company became the first Chinese dairy company publicly listed on the stock exchange in the United States and is now on the New York Stock Exchange Arca. We are currently headquartered in Beijing, China, with over 8 locations in China and the United States. We have over 200 company-owned milk collection stations, six production facilities with an aggregate milk powder production capacity of approximately 1,220 tons per day and an extensive distribution network that reaches over 50,000 retail outlets throughout China. In addition, we are in the process of completing two company-owned dairy farms which will have the capacity to house 10,000-12,000 dairy cows each.

We are committed to delivering high-quality dairy products. We apply a 25-step quality control process that involves over a hundred points of testing from the feed for the dairy cows, throughout our manufacturing process, and extending to semi-finished products. The production facilities comply with pharmaceutical good manufacturing practice, or GMP, standards, a higher level of quality control than required for consumer goods manufacturing facilities. Since 2000, our production facilities have obtained ISO 9002 and HACCP quality assurance certifications, as well as quality certifications from the PRC regulatory authorities. Our processing and testing equipment are manufactured by well-known European and American manufacturing companies. We use whole-sealing and mechanized vacuum milk-pressing devices with freezing equipment for each milk station, which allows us to reduce the temperature of raw milk to four degrees Celsius within seconds for storage. Our equipment also eliminates external air contact from the time milk is collected through the time that it is fully processed. We employ automated processes and scientific parameters throughout the manufacturing process that are designed to ensure that all products meet our quality requirements. We have in-house laboratories that utilize proprietary in-line sampling techniques to ensure the quality and safety of the entire production process, from raw materials to semi-finished products to finished products. We believe that our rigorous testing and inspection procedures have been critical in ensuring that our products are free from melamine and other contaminants, are premium quality products and are safe and healthy for customers.

In 2006, we expanded our business into the dairy ingredients market by establishing the Ingredients Business Unit. Its main goal is for the sale of dairy ingredients to other businesses (B to B). The business unit has three functions. First, the department is responsible for the domestic and international sale of milk powder and walnut powder. Second, it is responsible for the sale of anhydrous milk fat and walnut oil. Third, it provides outward processes for other dairy manufacturing partners, including producers of infant formula milk powder, base powder of IMF, walnut powder, rice cereal and soya-bean milk powder. In 2007, we sold products to Singapore, India, Morocco and other Asian and African countries.

We sincerely look forward to the opportunity to cooperate with you by providing our premium quality products and services.