P36 - Pan Hong Property Group Limited

Pan Hong Property Group Limited1 is an investment holding company. Through its subsidiaries, the Company is a property developer for residential and commercial properties in the People's Republic of China, and it focuses on developing cities, such as Hangzhou City and Huzhou City in Zhejiang Province, and Nanchang City in Jiangxi Province. In addition, to the development of residential and commercial properties, the Company also owns commercial units for investment purposes and to rent out to suitable tenants for rental income.

As of December 31, 2006, the Company's gross floor area (GFA) of development properties sold and delivered, during the year ended December 31, 2006, was approximately 37,432 square meters. In December 2006, the Company entered into an agreement to acquire an additional land bank in Beihai City in Guangxi Province with a site area of approximately 358,296 square meters and planned gross floor area of 381,000 square meters. The land bank was obtained in March 2007.

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SUMMARY

Industry Real Estate Transactions
Address Room 708, Tower B, Hunghom Commercial Centre, 37-39 Ma Tau Wai Road, Hunghom Hong Kong
Phone 85223631300
Fax 85227642160
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