NANJING CHIXIA DEVELOPMENT CO., LTD. is principally engaged in the operation of real estate businesses, including the development and construction of residential properties, as well as the leasing, sale and management of commercial buildings. The Company's main property projects include CHI GARDEN and COZY COURTYARD in Nanjing, FENGQINGSHUIAN in Suzhou, and THE GLORIA BAY in Wuxi, as well as others. The Company operates its businesses mainly in Nanjing, Suzhou and Wuxi, Jiangsu Province, China. During the year ended December 31, 2011, the Company totally constructed 246,100 square meters of residential real estate. On December 30, 2012, the Company acquired a plot of land located in Haikou City, measured 109,157 square meters.