China Lvgem Co., Ltd. (''Lvgem Group'') is an international property industry group mainly engaged in property development, asset management, high technology and social medical work. It has achieved moderate development through resources integration. Now, Lvgem Group has total assets of approx. RMB2 billion, of which some RMB 1 billion are net assets. The property operation, as the main business of Lvgem Group, has totally developed a building area representing 5,000,000 square meters, with finished investment of nearly RMB30 billion. In just four years, Lvgem Estate Development joins the Top 10 list for Shenzhen’s property sector, realizing its leaping development, while creating a growth miracle in the sector. In 2005, Lvgem Group strategically acquired Shenzhen Forsafe System Technology Co., Ltd, and regarded entering the international capital market as an important growth strategy. Lvgem Group invested to set up Lvgem Asset Management Corporation in 2006, and formed a professional team combining investment, operation and management. Specializing in the research and operation of commercial property, Lvgem Asset Management focuses on the commercial properties owned by Lvgem, while expanding into fields such as large shopping malls, professional theme sales halls, luxury products shopping centers and premium office buildings and boutique hotel investment and management, with an aim to create a complete industry chain for the development of Lvgem Group’s property operation. In June 2006, Lvgem Asset Management reached an agreement with Jin Jiang International Hotels Group, the best hotel group in China which ranks 17th in the “Top 300 Hotel Groups”. The first high star-rated hotel of Lvgem will be opening soon. In addition, the boutique hotel project, located at the Shennan Avenue and matching the NEO urban complex is now under tight planning.

Jin Jiang International Hotel Management Co. Ltd.  ShanghaiJinJiangInternational Hotels (Group) Company Limited ("Jin Jiang Hotels") is one of the leading hotel service providers in the China, which is principally engaged in star-rated hotel operation and management, budget hotel operation and franchising as well as restaurant operation.  Jin Jiang Hotels has been licensed to use the reputable "Jin Jiang" and "Jin Jiang Inn" trademarks and operates or has under development in aggregate over 420 hotels including landmark hotels, luxury hotels, commercial hotels and Jin Jiang Inn budget hotels, providing over 75,000 roomsin aggregate. Jin Jiang Hotels caters to the needs of different customers by its horizontally integrated hospitality platform ranging from the classic Jin Jiang Hotel and Peace Hotel to the economic Jin Jiang subsidiaries the 17th in the world in terms of room numbers according to HOTELS Magazine, the official publication of the International Hotel & Restaurant Association. Jin Jiang Hotels was also voted by readers of TTG series of magazines as the Best Local Hotel Chain of the year 2006.