Tianjin Realty Development (Group) Co., Ltd. is a China-based company principally engaged in property development, operation, leasing and distribution. The Company also involves in property management, architectural design, construction materials business and provision of consulting services. During the year ended December 31, 2010, the Company sold approximately 580,700 square meters鈥?commodity housings, and property development accounted for approximately 93.39% of the Company鈥檚 total revenue. The Company operates its businesses primarily in Tianjin, China.