Xi'an Gree Real Estate Co., Ltd. is principally engaged in the development and operation of real estate. The Company mainly operates its business in Zhuhai, Guangdong province, China. The Company primarily offers three real estate projects, one of which includes high-end residential buildings, commercial blocks and serviced apartments, the other two consist of residential buildings. As of December 31, 2010, the Company had two major subsidiaries and associates, involved in residential properties development business.