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Greentown China Holdings Limited (¡°Greentown¡± or ¡°the Company¡±, together with its subsidiaries (¡°the Group¡± or ¡°Greentown Group¡±)), is one of the leading property developers in China. It plays a leading role in the industry leveraging on its quality properties. From 2005 to 2009, we have been ranked for five consecutive years as one of the TOP 10 property enterprises in China jointly by four institutions, including Enterprise Research Institute of the Development Research Center of the State Council, China Real Estate Association, Qinghua University Real Estate Research Center and China Index Institute.

Since its establishment 14 years ago, the Group has been based on Zhejiang province, one of the most economically dynamic and developed provinces in Mainland China, with significant operations in the most prosperous cities in Zhejiang such as Hangzhou, Ningbo, Wenzhou, Taizhou, Shaoxing, and other places on the list of the Top 100 most competitive counties and county-level cities of China in Zhejiang Province. It has aroused wide awareness towards its brand and gained fame. With its national expansion strategy commenced in 2000, Greentown Group has become a quality national residential property developer and has its operations extended to other important cities in Yangtze River Delta including Shanghai, Nanjiang, Wuxi and Nantong, important cities in Bohai Rim Economic Belt including Beijing, Qingdao, Jinan and Dalian, and other provincial cities such as Hefei of Anhui province, Zhengzhou of Henan province, Changsha of Hunan province and Urumqi of Xinjiang province.

As at 31 December 2008, the Group¡¯s premier land bank comprises of nearly 19 million square meters of saleable and property held-for-operation area, ensuring that the Group¡¯s sustainable and steady development in the next five years is guaranteed. Most importantly, our quality human resources, highly effective group management structure, successful establishment of our quality brand in Zhejiang and other cities with our presence, and the accumulation of excellent project development and operational capability have all provided a sound foundation for the Group¡¯s rapid development.

 
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