| A subsidiary, Xinchao Property Consulting Co., Ltd., set up in Dec. 1998, is engaged in property consulting & brokerage. It’s initially established to support property development for sales, including such projects as Dongyuan Green World, Dongyuan Peninsular, Dongyuan Yihe Yuan, Daqian Meishu, New Lianpu Garden, and so on. It expanded fast in the past 5 years and has entered into other provinces, like Shangdong and Anhui, and other business areas. |