NRD Co., Ltd is a Korea-based company engaged in the distribution business. The Company operates its business through two divisions: healthcare food division and animal feed ingredients division. Its healthcare food division distributes healthcare food products, home appliances and beauty products through television home shopping and Internet shopping malls. Its animal feed ingredients division imports raw materials for feeds and grains from America, China, Canada and other countries, and distributes to domestic animal feed companies. As of December 31, 2011, the Company obtained 96.31%, 2.80% and 0.89% of total revenue from healthcare food, animal feed ingredients, and others, respectively. As of December 31, 2011, the Company had two affiliated companies.
(Source: ARS)