Related party payable was $76,260 [as of what period?] due to the shareholder Mr. Sanfu Huang. Related party payables represent the amounts the shareholders of Ding Neng Bio-tech advanced to the Company during the development stage of its business. These loans were non-interest-bearing and payable on demand.

As of December 31, 2010, among the $1,678,877 related party payables, $1,659,369 (approximately RMB 10.97 million) was due to the shareholder Mr. Sanfu Huang. Because the Company was lacking in favorable liquidity source, the Board approved a resolution on December 9, 2010 to authorize Mr. Sanfu Huang to pay on behalf of Ding Neng Bio-tech, $1,659,369 representing price increase of raw materials purchased as agreed by the Company. This debt due to Mr. Huang was fully repaid on July 22, 2011.