Brief Introduction of Group

 Qingdao Yuyuang Group was organized and established in Sep. 1996 and has more than 10 direct subsidiaries and holding companies with RMB 0.79 billion assets. The company engages in assets management and real estate investment development, IT project development, property management, and the fundamental facilities construction projects cooperated with the government such as the heat power plant, highway, Qingdao TV sightseeing tower, coal carbonization engineering and hydraulic engineering, etc.

Depending on the united and dedicated teamwork, strict but highly effective management mechanism and careful capital operation method, and the advanced and practical strategy sight, Yuyuan Group within a few years has developed and operated steadily, the project operation has been well developed on the basis of honesty in the severe market competition. Meanwhile, the international construction and professional management level of company has been greatly improved.

At present, the project or operated by Yuyuan Group Company has got great achievement and refiection either on economic profits or on social profits.

The Yuyuan seashore apartment “Yuxin Garden” project with 20000 m2 building area has

been wholly sold out before the completion because of its perfect position and residential

environment.

The business office building “Yuyuan Mansion” project with about 6500 m2 building area is one of “Qingdao Urban Property Management Excellent Buidings” and also reaches over 80% using rate by its special external design, advanced and complete internal function and facility.

Located on Taiping Mountain of Qingdao Julin park,the “Qingdao TV Sightseeing Tower” project as the “Minxin” project of Qingdao with 400 m altitude, is operated and managed by Yuyuan Group after decoration with 38 million investment. The tower has been the famous tourism spot for Qingdao to attract the tourists of both domestic and overseas.

The holding scientific development companies engage in developing IT products and technical service as major and their patent products “Fiscal Cash Register” have been put into market by lots.

The project of “Century Famous Square” located at the ideal section of Hong Kong road,Qingdao, is the France “Aube” company employed by Yuyuan Group and built with RMB 0.28 billion planed investment.

The project of “Heze Development Zone Bairun Heat Plant Plant” and Heze City 2 million tons/year coal carbonisation engineering is developed by Yuyuan Group cooperating with Shandong province Heze municipal govemment and they have bcen project made and approved by the state and province,and it is under operation of early stage.

The “Senior Sports Casual Business Club” project with RMB 38 million investments and 4800 m2 business areas will be the comprehensive and large senior sports casual business club with first grade facilities on the busy road of Qingdao.