Prada Fashion Business (Shanghai) Co. recently underwent a change in its business registration, with its registered capital increasing from approximately 920 million RMB ($144.88 million) to about 1.22 billion RMB ($192.13 million), an increase of approximately 32.4%. Established in October 2005, the company is represented by Wang Zhenzhen and its business scope includes wholesale and retail of clothing and accessories, wholesale and retail of shoes and hats, sales of bags, and leather products. Shareholder information indicates that the company is fully owned by Prada Asia Pacific Ltd.