Greentown China Holdings Limited is an investment holding company. The Company operates in four segments: property development, hotel operations, property investment and others. Other includes sales of construction materials, electronic engineering, project management, design and decoration. During the year ended December 31, 2010, it acquired 49% interest in Shandong Dongcheng Real Estate Co., Ltd. On June 12, 2010, the Company held 70% interest in Beijing Greentown Gerui Construction Planning & Design Consulting Co., Ltd. On March 31, 2010, it disposed Changxing Huadi Real Estate Co, Ltd. (Changxing Huadi) to Wuxi Huadi Investment Management Co, Ltd. On July 1, 2010, the Company disposed of its 51% interest in Xinjiang Yecheng Wanshun Real Estate Development Co., Ltd. On August 31, 2010, it disposed of its 51% interest in Beijing Eastern Greentown Real Estate Co., Ltd.