Central China Real Estate Limited will attend 2011 Summit

Central China Real Estate Limited was incorporated in the Cayman Islands on 15 November 2007 as an exempt company with limited liability. The Group has been granted the First Class Honor of Real Estate Developer in the People’s Republic of China.

In March 2010, Central China Real Estate Limited ranked 35th (36th in 2009) among the 2010 China Top 100 Real Estate Developers and ranked first in Henan’s real estate industry, according to the Top 100 China Real Estate Enterprises Research Report.

The future development goal is expand the land reserves while preserving capital sufficiency and the Chairman Wu Po Sum believe that the operating mode has to be changed from simply selling properties to integrating both the sales and holding of operating properties; and the management mode has to be changed, so that management will become more flattened, efficient and straightforward.

On the other hand, expanding and investing in oversea market is essential to the development of the business, and according to the situation of the international real estate market, more opportunities exists in Australia and New Zealand, therefore the Group plans to start business project in these countries.
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