About WANT WANT CHINA Company

Historical evolution Yilan Food Industry Co., Ltd. (“Yilan Food”) was established in May 1962. At that time, the company was engaged in the manufacture of canned agricultural products and mainly exported for export. In 1983, we collaborated with Iwatsuka Confectionery Co., Ltd. (“Iwatsuka Confectionery”), one of Japan's leading rice crackers manufacturers, to jointly develop the rice crackers market in Taiwan. Since 1983, we have been manufacturing and marketing products under the “Wangwang” brand. In 1989, the “Wangwang” brand entered the Chinese domestic market. It entered China in 1992 and established its first subsidiary in Hunan Province. Over the next few years, we have successfully grown from a single rice crackers company to a diversified food and beverage company. Our subsidiary Wangwang Holdings Limited (“Wangwang Holdings”) was listed on the main board of the Singapore Stock Exchange Limited (“SGX”) in May 1996. Since then, it has diversified its business into hospitals, hotels and real estate businesses, and other investment projects. Wangwang Holdings was delisted from the SGX in September 2007. Subsequent restructuring included (i) the establishment of China Wangwang Holdings Limited (the “Company”) as a new investment holding company for all of its food and beverage businesses; (ii) divesting hospitals, hotels and real estate businesses and other investment projects and transferring them to San Want Holdings Limited (“Shenwang”) on December 31, 2007, and then divesting through the distribution of physical dividends of Shenwang's rights to the then controlling shareholders of Wangwang. On March 26, 2008, the Company was officially listed (“listing”) on the Hong Kong Stock Exchange Limited (“Hong Kong Stock Exchange”). On April 28, 2009, our Taiwan Depositary Receipts were listed on the Taiwan Stock Exchange Co., Ltd., and the listing was voluntarily terminated on October 15, 2013. In 2020, construction of the Vietnamese production base began to strengthen the Group's business expansion and future layout in overseas markets. In 2022, the newly established factory in Tien Giang, Vietnam began production. This is our first step towards the “World Dream.”