POLY REAL ESTATE GROUP CO., LTD is primarily engaged in property development, commodity residential building distribution, as well as property management. It develops and distributes residential buildings, commercial buildings and composite buildings. Its major projects include Guangzhou-based The Circle Pursuit of Perfection, Beijing-based one villa projects, Poly Lily Garden and WestHill Imagination, as well as Shanghai-based Champagne Garden, among others. On March 8, 2013, it announced that it has acquired a plot of land in Changchun, two plots of land in Tianjin and Suining with 51% interest, and a plot of land in Qingdao with 50% stake. On April 10, 2013, it announced that it had acquired seven plots of land in Hefei, Dalian, Shenyang, Wuhan and Hangzhou with approximately 76%, 65%, 50%, 84%, 100%, 100% and 100% interests, respectively. On May 10, 2013, the Company announced that it has acquired a plot of land measured 81,811 square meters in Changchun.