Beijing HOMYEAR Real Estate Company Limited is principally engaged in commodity housings distribution and property leasing services. The Company is involved in the development, distribution and operation of residential communities, commercial properties and office buildings, among others. The Company operates its businesses primarily in Beijing, Shenzhen of Guangdong province, Changchun of Jilin province and Dalian of Liaoning province, China. As of December 31, 2010, the Company had 11 subsidiaries, which involved in real estate development, investment management and stationery commodity distribution.