SHANGHAI WANYE ENTERPRISES CO., LTD is principally engaged in property development and operation, as well as coal business. The Company develops and distributes residential communities. As of December 31, 2010, the Company sold out approximately 76,000 square meters of property. It operates its businesses primarily in Shanghai city, Anhui province and Inner Mongolia autonomous region, China. As of December 31, 2010, the Company had six subsidiaries, which involved in property development and operation, property management and leasing, coal production and distribution, as well as survey and exploration of mineral products.