Bio-Dynamic Group Limited operates in the Industrial organic chemicals sector. Bio-Dynamic Group Limited is an investment holding company. The Company operates in three segments: ethanol, alcoholic beverage and animal feed. The ethanol segment is engaged in the production and sale of ethanol products and ethanol by-products. During the year ended December 31, 2010, the ethanol production output was approximately 48,078 tons. The alcoholic beverage segment is engaged in sales and distribution of alcoholic beverages. The animal feed segment is engaged in the production and sale of animal feed. On January 12, 2010, the Company acquired Rightsouth Limited. On August 14, 2010, the Company acquired Harbin Niu Wang Muye Management Co., Ltd. On September 7, 2010, the Company acquired Keen Vitality Holdings Limited. On September 15, 2010, the Company acquired Power Range Holdings Limited. In
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