China Liaoning Dingxu Ecological Agriculture Development (CLAD) 10-K2013 FY Annual report

Filed: 15 Apr 14, 12:00am

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Readability	8th grade Avg

New words: analyze, back, buy, carryforward, choosing, commensurate, commonly, consummated, credit, death, diligently, dry, duty, eryngii, extra, fewer, figure, focused, fourth, ganoderma, jade, light, narrow, nominate, OTC, overly, pervasive, PRCand, procure, reclassification, remediate, remediation, rice, seller, shiitake, specialty, spring, steadily, summer, terminology, tightened, transparency, transpire, treasury, ultimate, undertaken, unintended, unknown, unpredictable, unrecognized, vigorously, white, wholesale, winter

Removed: Chinese, circumvention, collectibility, continuing, Dalian, design, devoting, discussed, document, error, existing, failure, flow, good, human, incur, larger, launch, limitation, operation, overriding, past, predict, reliance, rely, Room, sale, seq, traded, uncertainty, whatsoever, Xian

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Exhibit 21

Subsidiaries

(i) China Liaoning DingXu Ecological Agriculture Development Co, Ltd. (“CLAD BVI”), a company incorporated under the laws of the British Virgin Islands and a wholly-owned subsidiary of the registrant

(ii) Panjin Hengrun Biological Technology Development Co., Ltd. 盘锦恒润生物技术开发有限公司 (“Panjin Hengrun”), a limited liability company organized under the laws of the People’s Republic of China and a 99% owned subsidiary of CLAD BVI

(iii) Liaoning Dingxu Ecological Agriculture Development Co., Ltd.辽宁鼎旭生态农业发展有限公司, a limited liability company organized under the laws of the People’s Republic of China and a variable interest entity of Panjin Hengrun