NOTE 1 - FORMATION AND NATURE OF BUSINESS
China Jiangsu Golden Horse Steel Ball, Inc., a corporation incorporated in the State of
Nevada (collectively with its subsidiaries, the “Company”), is principally engaged in the
manufacturing, sale and distribution of ball bearings throughout China and worldwide
through its foreign subsidiaries and its controlled affiliates of Jiangsu Golden Horse
Steel Ball Co., Ltd. and Wuxi City Steel Ball Co., Ltd. in China. The Company is
headquartered in Jiangsu Province in the People’s Republic of China (“PRC” or “China”)
and has its corporate office in Wuxi City and two manufacturing plants in Wuxi City and
Xuyi.
