¡¡¡¡ In different modes of direct investment and financing, the Company has underta-ken development and operations of real estates in Beijing, Zhejiang and other regions, with land develop-ed exceeding a hundred mu and construction areas exceeding 150,000 square meters, and with land under development and to be developed exceeding three hu-ndred mu and construction areas exceeding 300,000 square meters. Some local real estate projects are of certain influence, such as YueguiGarden in Beijing, Ch-aohuiGarden and BingjiangGarden in Shaoxing, Zhe-jiang, and LongheGarden in Nanchang, jiangxi.