China Milk Products Group Limited is an investment holding company. The Company, through Daqing Yinlou Dairy Co., Ltd. (Yinlou) is engaged in the production of pedigree bull semen, dairy cow embryos and raw milk in the People’s Republic of China. As at March 31, 2009, the Company had a total herd size of 21,820, which includes Holsteins of Canadian, Australian and Chinese origins. The wholly owned subsidiaries of the Company are Cattan Holdings Corp. (Cattan), which is an investment holding company and Yinlou, which is engaged in dairy farm operations, including sale of dairy livestock’s agricultural produce.