The project is developed by the company, which enjoys 100% interest. The project is located in F3 plot in the central area of financial street in Xicheng District, Beijing, with Taiping Bridge Street in the east, Jinshifang Street in the west, F4 plot in the south and Wuding Back Street in the north. The project covers an area of 1 000 square meters, with a planned construction area of 98,700 square meters and a plot ratio of 9.9. The project is a Grade A office building, which started in June 2007 and was successfully delivered to China Everbright Bank Co., Ltd. from June 5438 to February 65438 to May 2008. This project was carried forward in 2008. The total investment of the project is estimated to be 65.438+0.8 billion yuan, the sales income of the project is 2.3 billion yuan, and the land value-added tax is fully accrued. The net profit of the project is 559 million yuan, which brings 559 million yuan to the company.

2. Building A5 of Financial Street (100% equity)

The project was developed by Financial Street (Beijing) Real Estate Co., Ltd., and the company enjoys 100% interest. In March 2006, the company acquired Beijing Financial Street Construction and Development Co., Ltd. for 689 million yuan. The project is located in A5 plot in the north zone of Financial Street, Xicheng District, Beijing, with A6 plot in the east, Wudinghou plot in the south and A4 plot in the north. The project covers an area of 1.38 million square meters, with a planned construction area of 90,000 square meters and a plot ratio of 6.5. The project started in May 2007, with an estimated total investment of 654.38+283 million yuan. It was rented out in February 2008. Project name: Financial Street Center, all of which are rented as 5A-level office buildings. Based on the rent of 8 yuan/m2/day, with reference to the gross profit margin of 70% of the leased property disclosed in the 2007 annual report, and with the operating life of 38 years, according to the net profit discount method, assuming that the increase of operating income is the same as the discount rate, it is estimated that the above leased property will increase the company's equity by 2.292 billion yuan.

3. Plots E 1, E2, E6 and E6A in Financial Street (100% equity)

The project is developed by the company, which enjoys 100% interest. The above four projects are all located in the north area of financial street in Xicheng District, Beijing, in which E 1 project area10.4 million square meters and planned construction area10.9 million square meters; E2 project is 9,000 square meters, with a planned construction area of 24,200 square meters; The E6 project covers an area of 7,500 square meters, the E6A project covers an area of 7 1000 square meters, and the planned building area of E6 and E6A is 12 1700 square meters. The above projects were not included in the company's construction plan in 2008. Assuming that all the buildings on the above plot are rented out, it is estimated that the above leased property will increase the company's equity by 4,654,338+99,000,000 yuan according to the net profit discount method, based on the rent of 8 yuan/m2/day, the gross profit margin of 70% of the leased property disclosed in the 2007 annual report and the operating life of 38 years. In view of the fact that the commencement and completion time of the project has not been determined, it has not been included in the company's 2008-20 10 annual profit forecast.

4. Intelligent financial terminal of cash cow in Beijing photoelectric equipment factory plot (100% equity)

The project is located at No.3 Yuetan South Street, Xicheng District, Beijing, with a construction area of 8,500 square meters, including 2,500 square meters of office buildings and 6,000 square meters of commercial area. The project was obtained by agreement. Based on the average sales price of 26,000 yuan/m2, assuming that the project is fully sold, it is estimated that the sales income of the project will be 654.38+99 million yuan, and the land value-added tax will be fully accrued, resulting in a net profit of 24 million yuan and the company's net profit of 24 million yuan. In view of the fact that the commencement and completion time of the project has not been determined, it has not been included in the company's 2008-20 10 annual profit forecast.

5. Datun Project in Beijing (100% equity)

The project is developed by the company, which enjoys 100% interest. The project is located at No.224 Datun Road, Chaoyang District, Beijing. In February, 2007, the company won the bid with 835 million yuan through bidding, and the floor price was 1.02 million yuan/square meter. The land for the project is residential and public land, covering an area of 26,000 square meters, including 20,600 square meters of construction land and 60,600 square meters of planned construction land. The project is scheduled to start in 2008 and be completed in June 2009. Due to the high floor price, the profitability of the project is average. If all the projects are sold, it is estimated that the project will bring sales income of 65.438+0.7 million yuan, and the land value-added tax will be fully accrued, resulting in a net profit of 22 million yuan and the company's net profit of 22 million yuan.

6. Beijing Desheng H plot (100% equity)

The project was developed by the company's subsidiary Financial Street (Beijing) Real Estate Co., Ltd., and the company enjoys 100% interest. The project was acquired by the company from Beijing Desheng Investment Co., Ltd. for RMB 3,065,438+0,000. The project is located on the east side of Dewai Street in Beijing, 500 meters north of Deshengmen. The project is used for office buildings and apartments, covering an area of1.2000 square meters, with a building area of 83300 square meters and a plot ratio of 5.0 1. The project started in July 2007 and is expected to be completed by the end of June 2009. The total investment of the project is estimated to be 700 million yuan, calculated at the average selling price of 2.2 yuan/m2. If all the projects are sold, it is estimated that the project sales revenue will be 65.438+64.9 million yuan, and the land value-added tax will be fully accrued, resulting in a net profit of 426 million yuan and the company's net profit of 426 million yuan.

7. Beijing Houshayu Project (100% equity)

The project was developed by Beijing Monk Real Estate Co., Ltd., a wholly-owned subsidiary of the company, and the company enjoys 100% interest. The project was acquired by the company through the acquisition of Beijing Monk Real Estate Co., Ltd. for 28 million yuan. At the time of equity acquisition, the project includes 43 mu of projects under construction (the foundation of 30 villas), about 165 households in 2 17 mu of land have not been demolished, and there is also a fish pond and a nursery. The project is located at No.5 Yuyang Road, Xibaixinzhuang, Houshayu Town, Shunyi District, Beijing, with Shayu South Road in the east, Jiahao Villa in the south and Baixinzhuang in the northwest. The project covers an area of163,200 square meters, with a planned construction area of 65,300 square meters. It is planned to be a villa, and the term of land use right is1August 9, 995 to August 8, 1965. The project started in 2004 and is expected to be completed in 2009. Based on the average sales price of 65.438+0.3 million yuan/m2, if the project is fully sold, it is estimated that the project will bring sales income of 764 million yuan, and the land value-added tax will be fully accrued, and the company's net profit will be 65.438+0.49 billion yuan and 65.438+0.49 billion yuan.

8. Beijing Tongzhou Business Park (18.75% equity)

This project was developed by Beijing Tongzhou Business Park Development and Construction Co., Ltd., and enjoys 18.75% interest. The project is located in the northwest of Tongzhou New Town, with the distance from Capital Airport 10 km in the north and CBD core area 12 km in the west. The planned area of the project is 7.3 million square meters, the construction area is nearly 6 million square meters, and the plot ratio is 0.8. The building forms are mainly low-rise and multi-storey buildings, and the greening rate of the park reaches 50%. The first phase development land is located in the outer ring of Tongzhou New Town, covering an area of about 3 square kilometers. The first phase of development is divided into four rolling blocks with a total investment of 5 1 100 million yuan, which is expected to be completed in 20 10. The second phase of the project covers an area of about 2.3 square kilometers and is planned to be completed in three to five years. The remaining 2 square kilometers of land are reserved for long-term development. Because the specific development plan of the project is unknown, it was not included in the company's 2008-20 10 annual profit forecast and the company's RNAV revaluation.

9. Tianjin Jinmen Project (100% equity)

The project was developed by Tianjin (Jinmen) Real Estate Co., Ltd., a wholly-owned subsidiary of the company, and the company enjoys 100% interest. On August 5, 2005, the company won the land use right of Jinmen and Jinta projects for 734 million yuan. The project is located in the north of Heping Square in Heping District, Tianjin, and belongs to the landmark plot of Heping Square node in Haihe River development. The project planning format includes five-star hotels, top apartments and supporting businesses, large-scale gentle slope riverside green space and Haihe landscape. The land area of the project is 3 1 000 square meters, the planned construction area is about 240,000 square meters, and the plot ratio is 4.84. The project started in June 2007 and is expected to be completed by the end of May 2065. The project is expected to sell apartments110.2 million square meters, commercial 0.5 1 10,000 square meters and 920 underground parking spaces. The leased property is 60,000 square meters and the underground business is 9,000 square meters. Based on the average selling price of 654.38+700,000 yuan/m2, the estimated total investment of the project is about 654.38+773 million yuan. If all apartments, above-ground businesses and underground parking spaces are sold, it is estimated that the project will bring sales income of 265.438+78 billion yuan, and the land value-added tax will be fully accrued. The net profit of the project apartment is 489 million yuan, which will bring 489 million yuan to the company. The hotel is calculated according to the rent of 4 yuan/m2/day, based on the gross profit margin of 70% of the leased property disclosed in the 2007 annual report, and calculated according to the operating life of 38 years. Assuming that the increase in business income is the same as the discount rate, it is estimated that the company's equity will increase by 65,438+00.165,438+0 billion yuan according to the net profit discount method.

10, Tianjin Jinta Project (100% equity)

The project was developed by Tianjin (Jinta) Real Estate Co., Ltd., a wholly-owned subsidiary of the company, and the company enjoys 100% interest. On August 5, 2005, the company won the land use right of Jinmen and Jinta projects for 734 million yuan. The project is located in Heping District, Tianjin, adjacent to Jinmen Project, with planned Dagu Road in the east, planned Xing 'an Road in the south, planned pumping station in the west and riverside sightseeing road in the north. The project is used for commercial finance, office buildings and apartments, and will become a landmark building in Tianjin after completion. The land area of the project is 22,600 square meters, the planned building area is 340,000 square meters, the plot ratio is 1 1.68, and the planned building height is 336 meters. The project started in March 2007 and is expected to be completed by the end of February 20 10. The project is expected to lease 229,600 square meters of office buildings, 7,500 square meters of commercial (underground) buildings, 0/1,000 parking spaces, 52,600 square meters of apartments for sale and 5,200 square meters of commercial (above-ground) buildings.

The estimated total investment of the project is about 3.362 billion yuan, calculated at the average selling price of 65.438+0.7 million yuan/square meter. If all apartments are sold, it is estimated that the project will bring sales income of 983 million yuan, and the land value-added tax will be fully accrued. The net profit of the project apartment will be 65.438+68 billion yuan, which will bring the company a net profit of 65.438+68 billion yuan. The office building is calculated according to the rent of 4.5 yuan/m2/day, based on the gross profit margin of 70% of the leased property disclosed in the 2007 annual report, and according to the operating life of 38 years. Assuming that the increase in business income is the same as the discount rate, according to the net profit discount method, it is estimated that the above leased property will increase the company's equity by 3.965 billion yuan.

1 1, Chongqing University Town Project (100% equity)

The project was developed by Chongqing Real Estate Co., Ltd., a wholly-owned subsidiary of the company, and the company enjoys 100% interest. In May 2007, Chongqing Real Estate Co., Ltd. of Financial Street obtained the land use right of the project land by auction of 65.438+0.23 billion yuan, and the floor price was about 632 yuan/square meter. The project is located in Shapingba District, Chongqing, Chenjiaqiao Town, the sub-center of western yongcheng city, adjacent to University Town in the west, Xiyong Microelectronics Industrial Park in the east and Chongqing Modern Railway Logistics Park in the north. The project covers an area of 145700 square meters, the planned building area is 194700 square meters, and the plot ratio is 1.3. The project is scheduled to start in May 2008 and be completed in September 20 1 1. Plan to make a high-end garden house. The estimated total investment of the project is 498 million yuan, calculated at the average selling price of 5,000 yuan/square meter. If all the projects are sold, it is estimated that the project will bring sales income of 876 million yuan, and the land value-added tax will be fully accrued, resulting in a net profit of 654.38+85 million yuan and the company's net profit of 654.38+85 million yuan.

12, Mafangwan project in Chongqing (100% equity)

The project was developed by Chongqing Real Estate Co., Ltd., a wholly-owned subsidiary of the company, and the company enjoys 100% interest. In September 2007, Chongqing Real Estate Co., Ltd. of Financial Street obtained the land use right of the project land by auction of 284 million yuan, and the floor price was about 152 1 yuan/square meter. The project is located at the junction of Yu Pei Road and Inner Ring Expressway, at Yanggongqiao plate in the east of Shapingba, close to the business circle of Three Gorges Square and near ciqikou ancient town. The land for the project is residential, commercial and protective green space, with a total area of 42,000 square meters, a planned construction area of 6,543,800 square meters and a plot ratio of 4.4. The project is scheduled to start in May 2008 and be completed in March 20 10. Based on the average sales price of 5000 yuan/square meter, the total investment of the project is estimated to be 727 million yuan. If all the projects are sold, it is estimated that the sales revenue of the project will be 840 million yuan, and the land value-added tax will be fully accrued, resulting in a net profit of 0.5 1 billion yuan and the company's net profit of 0.5 1 billion yuan.

13, Chongqing Jiangbei Town Project (100% equity)

The project was developed by Chongqing Real Estate Co., Ltd., a wholly-owned subsidiary of the company, and the company enjoys 100% interest. In June, 2007, Chongqing Real Estate Co., Ltd. of Financial Street obtained the land use right of the project land for 667 million yuan through listing transaction, and the floor price was about 20 14 yuan/square meter. The project covers an area of 6 1.5 million square meters, and the planned construction area is 33 1. 1 10,000 square meters. The company's equity covers an area of 3 1.200 square meters, and the planned construction area is 1.656 square meters. The project is planned as apartments, hotels and office buildings, of which apartments are about 40,000 square meters for sale, and hotels and office buildings are used for self-management or rental. The project is expected to start in May 2008 and be completed in May 20 1 1. According to the area within the company's equity, the estimated total investment of this project is 798 million yuan. Based on the average selling price of 7,500 yuan/square meter, if all apartments are sold, it is estimated that the project will bring sales income of 257 million yuan, and the land value-added tax will be fully accrued, and the project apartment will generate net profit of 36 million yuan, bringing net profit of 36 million yuan to the company. The office building is calculated according to the rent of 3 yuan/m2/day, based on the gross profit margin of 70% of the leased property disclosed in the 2007 annual report, and according to the operating life of 38 years. Assuming that the increase in operating income is the same as the discount rate, according to the net profit discount method, it is estimated that the above leased property will increase the company's equity by 654.38+02.1800 million yuan.

14, Nanchang Zijin Garden Project (1-3 with 67.36% equity and 4 with 85% equity)

The project is planned as a residence, which is developed in four phases, of which the first three phases are developed by Nanchang Real Estate Co., Ltd., a holding subsidiary of the company, with 67.36% rights and interests, and the fourth phase is developed by Nanchang World Trade Apartment Development Company, with 85% rights and interests. The project is located in Honggutan New District, Nanchang City. The land for the first three phases was acquired by the company in June, 2005 for 229 million yuan, namely, plots B- 17 and B- 14 in Hongjiaozhou, Nanchang, with an area of177,700 square meters and a planned construction area of 297,400 square meters. The fourth phase of the project (Hongjiaozhou B- 16- 1 plot) was acquired by the company in June 2007 by purchasing the equity of Nanchang World Trade Apartment Development Company, with an area of 1 14700 square meters and a planned construction area of 192600 square meters. The first phase of the project was completed in February 65438+2007, the second phase started in June 2007, and it is expected to be completed in 2008 10, the third phase started in 65438+ 10, and the fourth phase started in 2008 and 206544. Based on the average sales price of 47,000-55,000 yuan/square meter, if the project is fully sold, it is estimated that the project sales income will be 2.234 billion yuan, and the land value-added tax will be fully accrued, and the company's net profit will be 353 million yuan and 263 million yuan.

Plots B-5 and B-6 of Honggutan Business District, Nanchang City 15(85% equity)

The project was developed by Nanchang World Trade Apartment Development Company and enjoys 85% rights and interests. In March 2008, the company and Nanchang Honggutan New District Urban Construction Investment Development Co., Ltd., another shareholder of World Trade Apartment Company, organized a delegation to win the project land for 227.9 million yuan. According to the plot ratio of 4.3, the floor price was about 907 yuan/square meter. The project is located in Financial Street, Honggutan CBD, Nanchang, covering an area of 58,500 square meters, with a plot ratio of no more than 4.3 and a building area of 25 1.400 square meters. The project is for business, office, finance and hotel with a lease term of 40 years. Based on the average sales price of 5,500 yuan/m2, if the project is fully sold, it is estimated that the project will bring sales income of 654.38+0.244 billion yuan, and the land value-added tax will be fully accrued, and the company's net profit will be 222 million yuan and 654.38+0.87 billion yuan. Because the specific development plan of the project is unknown, it was not included in the company's 2008-20 10 annual profit forecast.

16, Huizhou Xunliao Project (70.4 1% equity)

The project was developed by the company's subsidiary Financial Street Huizhou Real Estate Co., Ltd., and the company enjoys 70.4 1% equity. The project is located in Xunliao Town, Huidong County, Guangdong Province, with Tieyong in the east, Pinghai in the south, Daya Bay Economic Development Zone across the sea in the west and Renshan Town in the north. Financial Street Huizhou Real Estate Co., Ltd. won the land use right of the project land in June 2005 for 262 million yuan. The project covers an area of 3,596,600 square meters with a planned construction area of 2,258,300 square meters. It is divided into three areas, 17 plot, of which Area A is located in the north of xunliao bay, with 5 plots. Area B is located in xunliao bay, plot 7; Area C is located in the south of xunliao bay, with 5 plots. Among them, Area A is a protected control area, located at the northern end of the planned land, from Chishan Bay to Fengzui, including Chishan Bay and Heping Island, with a total land area of about 6.86 million square meters. The main contents include administrative buildings, botanical gardens, helipads, and original state protection. , strictly control the construction of Binhai side of Binhai Road; Area B is an open tourist resort, located in the middle of the planned land, from Fengzui to Yuntoujiao, including Xunliaowei town, with a total land area of about 6.38 million square meters. The main contents include headquarters villas, hotels, public beaches, supporting facilities and yacht docks. Area C is a villa (quiet) area, located at the southern end of the planned land, from Yuntoujiao to Hutou Mountain, including Song Yuan Bay, Xincun Bay, Chao Fu Bay and Mozishi, with a total land area of about 6.38 million square meters. The project started in 2006 and is expected to be completed in 20 15. The development period is ten years, and the total investment exceeds 1000 billion yuan. The project currently under development belongs to Area B, with a total area of 1.244 million square meters, a planned building area of 1.2693 million square meters and an average plot ratio of 1.02. The project in Area B will be divided into three areas: Fengchi Island Leisure and Holiday Property Group, Central Commercial Plaza Apartment Group and Binhai Holiday Apartment Group. The Fengchi Island Leisure and Holiday Property Group will be started in 2007 and will be built in three phases, which is expected to be completed in 2009. Central Business Plaza apartment complex was planned and designed in 2007, and construction began in 2008, and was basically completed on 20 1 1. The planning and design of seaside holiday apartment complex began in 2008, and construction started in 2009, and was completed on 20 12. According to the company's forecast, the total investment of the project in Area B is about 4.098 billion yuan, the sales income is 6.9./kloc-0.30 billion yuan, and the gross sales margin is 30-40%. Based on this calculation, if all areas A-C of the project are sold, the estimated sales income will be 654.38+04.227 billion yuan, and the land value-added tax will be fully accrued. The project will generate a net profit of 654.38+0.903 billion yuan and bring a net profit of 654.38+0.3 billion yuan to the company.

17, Huizhou Hotel Project (Sheraton Hotel, 70.45438+0% equity)

The project was developed by the company's subsidiary Financial Street Huizhou Real Estate Co., Ltd., and the company enjoys 70.4 1% equity. The project is located in Xunliao Town, Huidong County, Guangdong Province, and is a part of Xunliao Project in Huizhou. The project covers an area of 92 1 1,000 square meters, with a planned construction area of 43,600 square meters. It is positioned as a five-star hotel with more than 300 rooms. The project started at the end of 2006 and in August 2008, with a total investment of about 400 million yuan. Based on the 35-year operation period, it is estimated that the project will bring 397 million yuan of rights and interests and 280 million yuan of net profit to the company.

18, the company's existing leased property.

As of June 5438+February 3, 20071,the company's leased real estate has a construction area of 2 18600 square meters, mainly including Financial Building, Financial Street Shopping Center, Jin Shu Street Project, C3 Courtyard, Tongtai Building, State-owned Enterprise Building and Jinyang Building. Financial Street Shopping Center, Jin Shu Street Project and C3 Courtyard are newly added leased properties in 2007, including 89,000 square meters of Financial Street Shopping Center, 89,000 square meters of Jin Shu Street Project and 0.2 1.000 square meters of C3 Courtyard. According to the company's 2007 annual report, the company's operating income from leased properties in 2007 was about 65.438+0.4 billion yuan, and the operating profit rate was 79.44%. Based on this, the discount of the company's existing leased property brought the company a net profit of 2.25 billion yuan.

19, the company has self-sustaining real estate.

As of June 65438+February 3, 20071,the company's self-sustaining property construction area was 97800 square meters, all located in the financial street area. Among them, the Ritz-Carlton Hotel is 4 1 10000 square meters, with 253 rooms, 1500 square meters of well-equipped spa and fitness center, as well as supporting banquet halls and meeting rooms; Financial Street Apartment is 50,700 square meters; The financier club is 6000 square meters. According to the company's 2007 annual report, the total construction area of the company's self-operated properties in 2007 was about 98,000 square meters, and the operating income was about 202 million yuan, with an operating profit rate of 28.56%. Since the Ritz-Carlton Hotel and other self-operated properties began to operate in the second half of 2007 and have not yet entered normal operation, the operating profit margin has been appropriately raised. Based on this, the company's existing leased properties brought a net profit of 2,654,300 yuan after being discounted according to PE valuation.

20. Meisheng International Plaza (100% equity)

The project was acquired by the company from Beijing Meisheng Real Estate Development Co., Ltd. on June 5438+February 65438+February 9, 2008, and the transaction price was159998,000 yuan. Meisheng International Plaza is located atNo. 1 10, Xidan North Street, Beijing. It is adjacent to Xidan North Street in the west, Bicai Hutong in the north, the wall of the Central Organization Department in the east and Xidan Friendship Mall in the south. The planned uses are commerce, apartment office, underground business and underground garage. The project covers an area of 12279.785 m2, and the planned building area is 1 1.20 1 m2, of which the above-ground building area is 8 1.680 m2. At present, the southern half of Meisheng Project has been structurally capped, and the northern half is under earthwork construction. The commercial rent of Meisheng International Plaza Project is about 6.5 yuan/m2/day. When the capitalization rate is 0.8, the market value of the project business is 65.438+0.4 billion yuan. If the rent increases by 5% every five years, the static payback period of the commercial part is about 10 years. If all the projects are sold, it is estimated that the transaction price of office buildings will be 23,000 yuan/square meter, and that of businesses will be around 27,000 yuan/square meter. Under the above assumptions, the overall income of the project will reach 364 million yuan, which can increase the performance by about 0. 15 yuan based on the current total share capital.

2 1 and 4-2# projects in Fuxingmen, Financial Street (100% equity)

The project was acquired by the company from Cheng Kai Group on September 22nd, 2008 at a price of 903 million yuan. The project is located on the south side of West Chang 'an Avenue, Fuxingmen, Xicheng District, and its planned use is an office building. The land area of the project is 19799.3 square meters, and the planned construction area is about160,000 square meters, of which the above-ground construction area is about10,000 square meters. Most of the demolition work within the land area of Fuxingmen project has been completed, and several households have not moved. It is estimated that the project will start to settle income around 20 1 1. According to estimates, the project will contribute a net profit of 760 million yuan.

22. Desheng International Center (100% equity)

On February 23, 2008, the company acquired the equity of Desheng Company 1% held by Beijing Jinhao Real Estate Development Co., Ltd. for 3.4749 million yuan. After the equity transfer is completed, the company will hold 0/00% equity of Desheng Company/KLOC. Previously, the company purchased 99% equity of Beijing Desheng Investment Co., Ltd. from Beijing Huarong Comprehensive Investment Company. The company acquired the ownership of Desheng International Center. The project is located in the core area of Desheng Science and Technology Park, adjacent to the North Second Ring Road in the north, Zhongguancun and the Olympic Games in the north, Financial Street in the south, Yansha in the east and National Administrative Center in the west, which is at the starting point of Badaling Expressway Economic Belt. Desheng International Center covers a total area of 3.53 hectares, with a total construction area of 229,500 square meters, of which the above-ground construction area is 6.5438+0.602 million square meters and the underground construction area is 69,000 square meters. The project site consists of four world-class office buildings with a height of 65 meters and a floor of 16, and two rows of two-storey commercial podium buildings. The basement has three floors, mainly including garage, auxiliary room and equipment room. Many large enterprises and institutions have settled around the project, and modern and international large enterprise clusters will form a brand-new business pattern in Beijing.

50,000 square meters in Block A and 30,000 square meters in Block D of Desheng International Center were sold to China Communications Construction Group and China Industrial and Commercial Bank of China Limited, the world's top 500 enterprises, respectively (the total price was about 65.438 billion+500 million, and they were admitted on April 30, 2008). More than 30,000 square meters of Block B will be rented by the company, and more than 30,000 square meters of Block C will be sold as a whole.

Desheng International Center has an exclusive business area of 20,000 square meters, which is rented by the company.

23. Yamenkou, Shijingshan District

On June 8th, 2008-10- 18, the bidding consortium composed of our company and Beishikai Real Estate Development Co., Ltd. (50% owned by Financial Street (North) Real Estate Co., Ltd., a wholly-owned subsidiary of our company) obtained the right to use the state-owned residential and public construction land in Yamenkou, Shijingshan District through bidding, and received the bid-winning notice from Beijing Municipal Bureau of Land and Resources. The plot is located in Yamenkou District, Shijingshan District, Beishi, and is residential, commercial and financial in nature. It covers an area of 263,402.147 square meters, with a planned construction area of 350,742.33 square meters (including price-limited commercial housing with a construction area of 50,000 square meters).