China Kidswant Investment Holdings Co Ltd (“Kidswant”), headquartered in Nanjing, China, is an emerging maternity-infant-children (“MIC”) specialty retailer as well as a child growth and development service provider in China pioneering an innovative model providing a one-stop solution for customers. Kidswant, which targets medium to high-income households with infants and children up to 14-years-old, and is expanding its store network all over China. Kidswant was founded by Chairman Mr. Wang Jianguo, senior executives Mr. Xu Weihong, Mr. Shen Wei, Mr. Wu Tao and Mr. Shen Hui (the “Founding Team”) in 2009. The Founding Team was previously the senior management of Five Star Electronics, a leading electronic retailer in China, which was founded by Mr. Wang.
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