Cai Hong Yao

Part of Wave State Ltd., Wearnes Technology (Shenzhen) Ltd. engages in real estate development activities. The private company is based in Shenzhen, China. Wearnes Technology (Shenzhen was acquired by Wave State Ltd. from WBL Corp. Ltd. on April 30, 2010 for $34.28 million.

Part of Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Hangzhou Sunshine Laser & Electronics Technology Co. Ltd. is a private company that manufactures and distributes electronic products. The company is based in Hangzhou, China. Rong Wang has been the CEO of the Chinese company since 2007.

Part of Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Suzhou Sunshine Laser & Electronics Technology Co. Ltd. is a private company that manufactures and distributes laser templates. The company is based in Suzhou, China. Rong Wang has been the CEO of the Chinese company since 2001.

Part of Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Shenzhen Sunshine Laser Application Technology Co. Ltd. engages in laser technology development operation. The private company is based in Shenzhen, China.

Part of Shenzhen Sunshine Laser & Electronics Technology Co., Ltd., Kunshan Corcreat Electronic Technology Co. Ltd. manufactures and distributes precision parts and components. The private company is based in Suzhou, China. Kunshan Corcreat Electronic Technology Co. was acquired by Shenzhen Sunshine Laser & Electronics Technology Co., Ltd. on February 22, 2012 for $1.86 million.