Page:Scc-reedley-report-11.15.pdf/22

This page has been proofread, but needs to be validated.

Figures 18-19–Analysis of PRC corporate data for Zhu’s Henan Pioneer Aide Biological Engineering Co. Ltd. showing PRC government ownership and funding.

Corporate data derived from State Administration for Industry & Commerce (SAIC), PRC Ministry of Commerce, the U.S. Securities and Exchange Commission, exchange filings, and company announcements. This data was analyzed using proprietary third-party software.

- 20 -