|CHINALIGHT Real Estate Co., Ltd., a
proprietary limited company, is set up in accordance with the new company act with China
National Light Industrial Products Import & Export Corporation as its holding company
and a registered capital of RMB ten million. The company is specially involved in
industrialization and diversified business.
Real Estate Co., Ltd. is mainly responsible for planning, construction, management
and administration of CHINALIGHT's real estate investment. Being a specialized subsidiary,
the company is in charge of the investment planning, feasibility proof, working out
implementation plan for the head office at the preparatory stage of a project; while
during the performance stage, organizing and supervising the implementation of the
investment plan on behalf of the head office so as to ensure the success of the investment
plan; lastly, in order to guarantee the investment effectiveness, the company is entrusted
by the head office for running and managing the real estate of the head office.
Besides, CHINALIGHT Real Estate Co., Ltd. also engages in
developing society-oriented real estate investment projects either in the form of
cooperation or joint-venture; being agency by agreement for both domestic and foreign
customers to run and manage apartment, office towers and factories, etc.; providing
information and consulting services in regards of real estate; undertaking both indoor and
outdoor decoration; as well as dealing with the general trade of daily necessities,
hardware, electronic and chemical products, computer and its external equipment, metal
materials, machinery and electronic appliance, building and decorative materials. And
simultaneously engages in technical development, technical transfer, technical consultant
and technical services in the above-mentioned areas.