LOYAL VANTAGE CORPORATION LIMITED

Loyal Vantage Limited was established in 2018. In August 2019, “R.C Agritrade Pte. Ltd.”, a sister company of Loyal Vantage in Singapore, was granted a worldwide sole distributor by Sichuan Rongchun Wine Industry Group Co., Ltd. In September 2019, Loyal Vantage was granted by R.C. Agrtritrade as an Asia Sole Agency distributor focusing on the China market (including Mainland China, Hong Kong, and Macau). Loyal Vantage is an Asia exclusive distributor, and is authorized to distribute all liquor products of Sichuan Rongchun Wine Industry Group Co., Ltd., and has the right to delegate these products to other sub-distributors including retail and corporate customers, as well as introducing, selling and promoting these products in the distributor's distribution area.