Jian Feng Xu

TradeOn, Inc. is a development stage company that was incorporated under the laws of the state of Nevada on December 7, 2007. It has never declared bankruptcy, have never been in receivership, and have never been involved in any legal action or proceedings. Since becoming incorporated, it has not made any significant purchase or sale of assets, nor has it been involved in any mergers, acquisitions or consolidations. It is not a blank check registrant as that term is defined in Rule 419(a) (2) of Regulation C of the Securities Act of 1933, since it has a specific business plan or purpose. Neither TradeOn, nor its officers, directors, promoters or affiliates, has had preliminary contact or discussions with, nor do it has any present plans, proposals, arrangements or understandings with any representatives of the owners of any business or company regarding the possibility of an acquisition or merger. Its offices are currently located at 30 Eliahu Miferrera St. Tel Aviv 69865 Israel. Its telephone number is +1 (866) 261-2522. Its website is www.tradeonsms.com. The information contained in its website does not form part of this Annual Report in any way. Its common stock is quoted on the OTC Bulletin Board under the symbol 'TACN'