Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

CREDIT REPORT

HangzhouGuoguang Travel Supplies Co., Ltd.

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

Report To: Date:08-Feb-2012 Attention:MsWang Service Mode: Express Report On:HangzhouGuoguang Travel Supplies Co., Ltd. Our Ref. No.: V01875 Disclaimer: Theinformation in this report is provided in confidencesolely for client use in evaluating actual or contemplatedbusinesstransactionsinvolvingthebusinessentity to whichsuchinformation relates. NeitherFirstAdvantageLimited (FADV) norFADV'ssourceswarranttheaccuracy, completeness, currentness, merchantability or fitness for a particular purpose of suchinformation. In no eventwill FADV be liable for indirect, incidental, consequential or specialdamagesresultingfromtheuse of suchinformation.

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong

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Pulsar Import & Export CO., LTD Unit 2107-9, CC Wu Building,

308 Hennessy Road, Wanchai Hong Kong