YangGuang Co., Ltd. is a public company listed on the Shenzhen Stock Exchange since 1996. In 2006, YangGuang signed an investment agreement with Reco Shine Pte Ltd. , which is a subsidiary of GIC Real Estate Pte Ltd., became the first A-share listed real estate company in China with a foreign investor being its major shareholder. YangGuang focuses on holding, investing, leasing managing the operations of commercial real estate, while at the same time being involved with the development management of high-end apartments, hotels, office buildings, urban complexes. In order to establish a competitive advantage in the commercial real estate industry, our company strives to integrate commercial resources to create a model that covers investment, planning, development, the business operations of the entire process. With more than ten years of professional experience in real estate development operations, the company has set up a business scale that focuses on development around the Bohai Sea region, while at the same time emphasizing nationwide development expansion. As of December 2010, the company owned and managed a total of 28 large-scale commercial real estate projects, covering a total floor area exceeding 1.6 million square meters. Taking into account all these accomplishments and plans, YangGuang is steadily marching towards the ultimate goal of “becoming China’s leading commercial real estate group”.