HKC HOLDINGS LIMITED

HKC (Holdings) Limited has become a major China property developer. HKC has significant investments along the coastal region of China. In Tianjin, HKC has a prime residential site in the Nankai District, close to the Olympic Stadium, and is building townhouses and high rise apartments. In Jiangmen, the Company is building residential villas and high rise apartments. And, in Shenyang, HKC is developing a residential site along Southlake Park, the city's prime public park. HKC has two prime of... fice and commercial development sites in the Hongkou District of Shanghai. One site is along the North Bund, adjacent to the Shanghai cruise terminal, with clear views of the Huangpu River. The other site is along one of Shanghai's major shopping district along Sichuan North Road, and just a few minutes from the Bund. The Company is also developing a complex for the trading of wooden flooring, furniture and building materials in Nanxun, Zhejiang Province. In addition, HKC has existing investment properties in Shenzhen and Guangzhou. In Shenzhen, HKC owns the retail portion of Diwang, one of the tallest building in the city. In Guangzhou, HKC owns the retail portion of CITIC Plaza, one of the tallest buildings in the city. In addition, HKC has been a pioneer in the wind power industry with windfarms completed in Heilongjiang, Hebei, Inner Mongolia and Gansu provinces. China Renewable Energy Investment Limited, the subsidiary of HKC, will focus on the alternative energy business.

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