Lanzhou Minbai Shareholding (Group) Co., Ltd. is principally engaged in commodities wholesaling and retailing, as well as provision of catering and guest room services. The Company operates department stores, restaurants and hotels. During the year ended December 31, 2010, the Company obtained approximately 93.8% of its total revenue from commodities wholesaling and retailing. The Company operates its businesses primarily in Lanzhou, Gansu province, China. On July 29, 2010, the Company completed the purchase of 60.9555% of the ownership interest of Lanzhou Honglou Real Estate Development Co., Ltd.