Over the years, the company has been focused on the development of high-quality real estate projects. The sales volume of real estate development accounts for more than 95% of the total turnover. Properties of the company total an area of about 60,000m2, and the rental income is growing steadily year by year. Successfully developed projects in other cities include Guanlan Apartment Project in Haikou, Hainan with a total building area of 80,000m2; Runde Saiwei Sunshine Project in Haikou, with a total building area of 49,000m2; Sanya Jiayuan Project in Sanya with a total building area of 17,000m2. Local projects include Fujinyuan Residential Project in Dagang District with a total building area of 130,000m2; Lijiang Garden Project in Xiqing District with a total building area of 33,000m2; and Junyi Building Project in Youyi Road, Hexi District with a total building area of nearly 90,000m2. Currently, our market is mostly based in Tianjin local market. We are now working on nearly 500,000m2 Gediao Songjian Project in University Town of Xiqing, which has a good sales momentum. The building of a construction project increases profitability. Tiangong Garden Project in Ningjin, Shandong, has a total building area of 130,000m2 and 100,000m2 has been developed up to now.