SYSWIN Inc.(SYSW.NYSE)
Profile
SYSWIN Inc. (Syswin) is a primary real estate service provider in China. The Company primarily provides real estate sales agency services to property developers relating to new residential properties, and its net revenue derived from sales agency services represented 97.1% of its total net revenue during the year ended December 31, 2009. It also provides real estate consultancy services, which include project consultancy services offered to developer clients and primary land development consultancy and agency services provided to primary land developers. As of December 31, 2009, the Company had operations in 17 cities throughout China. It conducts its primary real estate services business through Syswin Xing Ye and its subsidiaries. Syswin provide primary real estate services in China to property and land developers with a focus on residential properties. The Company operates in two business segments: real estate sales agency services and real estate consultancy services.
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