XI鈥橝N HONGSHENG TECHNOLOGY CO., LTD., formerly Shanghai Hongsheng Technology Co., Ltd., is principally engaged in provision of leasing and property management services. During the year ended December 31, 2009, the Company ceased its major activities, and took housings leasing and property management as its major businesses. The Company also involves in commerce, as well as provision of tourism and restaurant services. It operates its businesses primarily in domestic market. As of December 31, 2009, the Company had seven subsidiaries and one affiliate, which involved in commodity trading, hotel operation and warehousing services.