China Housing & Land Development, Inc. (China Housing) is a developer of residential and commercial properties in northwest China. China Housing is engaged in the acquisition, development, management, and sales of residential and commercial real estate properties and land through its subsidiaries in China. The Company is a non-government middle-and-upper income residential real estate development company. In January, 2009, the Company completed the acquisition of Xi’an Xinxing Property Management Co., Ltd. (Xinxing). Xinxing provides property management services to most of China Housing’s past residential and commercial projects. Xinxing’s current service area totals 1.67 million square meters in 43 facilities that include residential, commercial, and school buildings and parks.