EX-21 4 ex21.htm EXHIBIT 21 ex21.htm
EXHIBIT 21
 
LIST OF SUBSIDIARIES OF THE REGISTRANT

Name of Subsidiary
  
Jurisdiction of
Organization
  
% Owned
China HGS Investment Inc.
  
Delaware
  
100%
Shaanxi Hanguangsha Management and Consultation Limited Company
  
PRC
  
100%
Shaanxi Guangsha Investment and Development Group Co., Ltd.
  
PRC
  
Variable Interest Entity