Fu Xiang Zhang

Beijing Capital Land Ltd. operates as an investment holding company. It provides real estate development and investment services. The firm develops real estate projects, including residences, office buildings, commercial projects, hotels and land development. It operates through the following segments: Beijing, Huadong, Tianjin, Chengyu, Other, Outlets business, Other Investment Real Estate and Primary Land Development. The Beijing segment engages in real estate development, sales and related business in Beijing region. The Huadong segment engages in real estate development, sales and related business in East China. The Tianjin segment engages in real estate, sales and related business in Tianjin region. The Chengyu segment engages in real estate development, sales and related business in Chengdu and Chongqing area. The Other segment engages in real estate development, sales and related business in other regions, including Shenyang, Xi'an, Jiangsu, Zhejiang, and Hainan. The Outlets Business segment engages in the operation and development of first outlet complex in different regions. The Other Investment Real Estate segment engages in the operation and development of non-first outlet investment real estate. The Primary Land Development segment engages in the land development and shantytown reconstruction business in the Beijing, Tianjin and Hebei region. The company was founded on July 23, 2002 and is headquartered in Beijing, China.

Beijing Sunshine Real Estate Comprehensive Development Co., Ltd. engages in the real estate development business. It also provides operation and financial services. The company was founded on May 19, 1993 and is headquartered in Beijing, China.