Italian Silk Road Holding Co., Ltd.

Italian Silk Road Holdings Co., Ltd., a subsidiary of the group, headquartered in Milan, Italy, is a comprehensive service-oriented company covering tourism, shopping tax rebate, brand management, cultural media, car rental, accounting and lawyer services. It also has six subsidiaries: CINAVIAGGI global travel agency, ALBERTAZZI Accounting Law Firm, Aligina Brand Management Co., Ltd., Global Shopping Tax Rebate Company, SETTEMARI Media Company and SUPARNA Car Rental Company. Its business has played an important role in promoting economic, trade and cultural exchanges between China, Italy and the European Union.