Shanghai New Huang Pu Real Estate Co., Ltd. is principally engaged in property development and distribution, as well as commerce and service industry. The Company operates its businesses primarily through property business, which includes development, distribution and leasing of common residential housings, commercial buildings, hotels, apartments and industrial parks, as well as futures business, which involves in operation of futures such as gold, soybean oil, soybean meals and copper products, among others. The Company operates its businesses primarily in Shanghai and Beijing, China. On July 22, 2010, the Company completed the disposal of 100% of the ownership interest of Beijing Guang鈥檃n Century Trading Development Co., Ltd.