SHANGHAI JIABAO INDUSTRY & COMMERCE(GROUP) CO.,LTD. is principally engaged in property development and commercial trading. The Company operates its businesses through property development, which involves in development and distribution of residential communities and commercial buildings in Jiading District, Shanghai, as well as commercial trading business. In addition, the Company involves in property leasing and property management businesses. The Company operates its businesses in domestic and overseas markets. As of December 31, 2010, the Company had eight subsidiaries and one affiliate, which involved in property development and operation, domestic trading, industrial investment, construction of science parks, as well as manufacture and distribution of electronic capacitors.

SHANGHAI JIABAO INDUSTRY & COMMERCE(GROUP) CO.,LTD. is principally engaged in property development and commercial trading. The Company operates its businesses through property development, which involves in development and distribution of residential communities and commercial buildings in Jiading District, Shanghai, as well as commercial trading business. In addition, the Company involves in property leasing and property management businesses. The Company operates its businesses in domestic and overseas markets. As of December 31, 2010, the Company had eight subsidiaries and one affiliate, which involved in property development and operation, domestic trading, industrial investment, construction of science parks, as well as manufacture and distribution of electronic capacitors.