NOTE 14 - CURRENT VULNERABILITY DUE TO CERTAIN RISK FACTORS
The Companys operations are carried
out in the PRC. Accordingly, the Companys business, financial condition and results of operations may be influenced by the
political, economic and legal environments in the PRC, by the general state of the PRC's economy. The Companys business
may be influenced by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency
conversion and remittance abroad, and rates and methods of taxation, among other things.