Xinyuan Real Estate Co., Ltd. (Xinyuan) is principally engaged in residential real estate development and the provision of property management services. It focuses on Tier II cities in China. The Company’s segment includes: property developments in Zhengzhou, Henan Province; property developments in Jinan, Shandong Province; property developments in Suzhou, Jiangsu Province; property developments in Hefei, Anhui Province; property developments in Chengdu, Sichuan Province, and property management services and other real estate-related services it provide. The Company focuses on developing large scale residential projects, which typically consist of multiple residential buildings that include multi-layer apartment buildings, sub-high-rise apartment buildings or high-rise apartment buildings. Its projects include auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens and schools.