Happiness Biotech Group ^{Priced, Nasdaq: HAPP}

We are an innovative China-based nutraceutical and dietary supplements producer focused on the research, development, manufacturing and marketing of a variety of products made from Chinese herbal extracts and others. We categorize our products into six groups: Lucidum spore powder products, Cordyceps mycelia products, Ejiao solution products, Vitamins and dietary supplements products, American ginseng products, and others. Lucidum spore powder products, Cordyceps mycelia products and Ejiao solution products have been our primary revenue sources. Over the past 14 years, we have established a product portfolio consisting of 32 kinds of nutraceutical and dietary supplements products. We have a sales network covering 27 provinces in China, with over 400 distributors and more than 20,000 sales terminals. Further, our close relationship with our vendors has enabled us to negotiate better terms with our suppliers and purchasers. As in Administrative Measures for Nutraceutical Products (“AMNP”) promulgated by National Health Commission of PRC, nutraceutical and dietary supplements products belong to a category of food products targeted at specific populations with general health benefits for daily wellness, are not intended to treat any specific diseases, and must not cause any acute, subacute or chronic harm to the human body. With the requirements being met and approved by State Food and Drug Administration of PRC (“SFDA”) under regulations for nutraceutical and dietary supplements, herbal and animal extracts that are used both for food and traditional Chinese medicine can be used as ingredients for nutraceutical and dietary supplements products. Approved by SFDA under regulations for nutraceutical and dietary supplements, all our products are labeled with “Blue Caps” and produced in compliance with the regulations of food industry.