Beijing Dalong Benefits from Beijing Olympic Games

The businesses of Beijing Dalong Weiye Real Estate Development Co., Ltd. are mainly centered in the Shunyi District of Beijing, a satellite town of Beijing as well as downtown Beijing. The development of the aquatic events of the Beijing Olympics Games, conducted by the government, and the strategy to build an 'International Green Port' in the Shunyi District, also advocated by the government, will both generate big opportunities for the company's future development.

Investment highlights:
1. Beijing Dalong, belonging to the People’s Government of the Shunyi District of Beijing, is a powerful and experienced state-owned property development enterprise, with First Class Qualifications.
2. In 2008, Beijing Dalong will maintain its good performance by selling properties of the Yulong Garden and the Cangyuan Apartments and continue to increase the proportion of its property revenue. Based on the common residential market, it will carry out market research and further increase its land reserves for development in the next three to five years.

Risk Warning:
The uncertainty of the state macro-control policies on the real estate industry, and higher relocation difficulties as well as the increase of relocation costs will bring certain risks to the company's future operations.


Source: www.topcj.com

Date: 4 Aug 2008

CN01/RL/LZ/BT/KM