EX-21.1 12 v179175_ex21-1.htm
 
Exhibit 21.1

SUBSIDIARIES

Name of Subsidiary
  
Jurisdiction of Incorporation 
or Organization
  
Percentage of
Ownership
  
Glory Reach International Limited
  
Hong Kong
     100 %
Qingdao Hungguan Shoes Company
  
PRC
     100 %