Hongrun Construction Group Co., Ltd. Group Industry

Zhejiang Hongrun Holdings Co., Ltd. was established in July of 200 1 year. The registered address of the company is1kloc-0/No.Xiangshan Road, Dancheng Town, Xiangshan County, Zhejiang Province. As a platform for diversified development of Hongrun, Hongrun Holdings mainly invests in the following industries:

1. Construction industry: Hongrun Construction Group Co., Ltd., a holding subsidiary, is mainly engaged in the construction industry. It has a number of first-class qualifications such as municipal public works construction and general contracting of housing construction projects, as well as the professional contracting qualification of urban rail transit engineering, and participated in major municipal projects such as Shanghai rail transit, Pudong International Airport and Shanghai World Expo.

2. Real estate development: Shanghai Hongrun Real Estate Co., Ltd., Shanghai Hongzhou Real Estate Co., Ltd., Shanghai Kerun Real Estate Development Co., Ltd., Shanghai Hongzhou Real Estate Development Co., Ltd., Wuxi Hongcheng Real Estate Development Co., Ltd., Longkou Hongda Real Estate Development Co., Ltd., Zhejiang Panorama Real Estate Co., Ltd., Mongolia Hongrun SFECO Co., Ltd., etc. Development projects include Shanghai Hongrun International Garden, Shanghai Shaoguang Garden, Shanghai Lido, Xiangshan Hongrun Garden, Wuxi Hongcheng Garden, Longkou Hongrun Garden, Mongolian Shanghai Hongrun Community, etc. In 2006 and 2007, among 100 real estate development enterprises in China, Hongrun Holdings ranked 90th.

3. Hotel Tourism: Ningbo Xiangshan Port International Hotel, which was invested and built according to the five-star standard, opened on April 28th, 2005.

4. Commercial real estate: Shanghai Xiangyang Building and Shanghai Hongrun Building.

5. Investment and construction of infrastructure projects. Holding subsidiaries include Ningbo Runda Investment Development Co., Ltd., Qidong Hongrun Investment Management Co., Ltd. and Ningbo Yao Hong Investment Development Co., Ltd.