Suheung Capsule Co., Ltd. is a Korea-based company engaged in the manufacture of capsules. The Company mainly provides three categories of products: hard capsules, soft capsules and paintballs, Its hard capsules include gelatin capsules, empty vegetarian (VG) capsules and others used as pharmaceuticals and containers. Its soft capsules are used in pharmaceutical, food and cosmetic industries. It engages in the original equipment manufacturing (OEM) of paintballs for leisure sports industry. It also provides gelatin used as raw material of capsules. As of December 31, 2011, the Company had nine affiliated companies.