10. Golden Triangle Commercial Street Construction Project of Hai Gang District in Qinhuangdao

I. Project Content

The total land area of the project are about 67 mu (4.46 hectares),after the construction and demolition, the integrated land for construction will used for comprehensive development, and a commercial street about 500 meters that includes shopping, entertainment, tour and sightseeing, leisure and health-building will be established.

II. Investment Estimation and Financing

The estimated amount of the project investment is 103 million U.S. dollars, the developers will in charge of all the investment capital.

III. Market Analysis

This project is located in the center of Hai Gang District, in the north there is Hualian Commercial Building, in the east there are shopping center in the whole Qinhuangdao area such as: Maoye Department Store, Sunshine City Commercial Building, Tesco Mall etc. Further north is the Municipal Party Committee and Municipal Government, to the east we have Hai Gang District Committee and District Government. Currently the Xinyuan Square and the stores on the second floor were built before the Asian Games with a history of more than 20 years. The project located in the financial and cultural center of Hai Gang District, with enough popularity and visitors flowrate, as the saying goes, it is "Good opportunity, favorable geographical location and support from the people." After the completion of the project, the surrounding shopping center will merge together and shape into a big golden delta central business district.

IV. Construction Conditions

The project have complete supporting facilities such as: convenient transportation, communication, water supply, power supply and heat supply etc., with a secure water source and sufficient building materials.

V. Benefit Analysis

The construction period of the project is about two years and 6 months, the first year used in the preparation of formalities and land acquisition demolition works, after that, it is the development and construction period, investment income mainly recovering from commercial premises in sales.

VI. Cooperation Mode

Single proprietorship.

VII. Liaison

Contact Person:Xiao Changhai (Director of Hai Gang Construction Bureau) Tel:86-335-3088806, 13933560766

11. Bathing Beach Development Project in Shanhaiguan District, Qinhuangdao City

I. Project Content

The proposed project involves a coastline length of 390 meters, and the area available for the development is about 550 mu. The project will establish a public places that open to the local residents in Qinhuangdao, which combining leisure, entertainment, catering and service business in one. The Project shall begin on January, 2010, and accomplish on December, 2010.

II. Investment Estimation Financing

The estimated amount of the project investment is ＄58.48 million, the developers will in charge of all the investment capital.

III. Benefit Analysis

The project is located in the west of AAAAA state-level tourism scenic spot Old Dragon Head about 1 kilometers away, it faces the important tour project Bohai Pearl International Hotel yacht club in Heibei Province on the east, and AAAA state-level tourism scenic spot Happy Island Ocean Park on the west, it enjoies a geographical advantage and convenient transportation. Cooperated with great tourist environment and economic potential in Shanhaiguan, the place richly endowed by nature, and the bathing beach has a good development potential.

IV. Cooperation Mode

Single proprietorship.

V. Liaison

Contact Person:Zou Jianming (Deputy Secretary of Shanhaiguan Construction Bureau ) Tel:86-335-5136396, 86-13930352844

12. Seascape Tourism Landmark Development Project of the Large and Small Tanghe Estuary in Qinhuangdao

 I. Project Contents

The total land area of 73.2 acres of land, The ground with a total construction area of 37330 square meters, which the five-star hotel construction area occupies 32780 thousand square meters, top-grade commercial center construction area occupies 2000 square meters, VIP villa-style hotel room construction area occupies 750 square meters, hotel-style presidential VIP room construction area occupies 300 square meters, bar street restaurant construction area occupies 1500 square meters, and the underground construction area is 9000 square meters.

II. Investment Estimation and Financing

The estimated amount of the project investment is about 80 million U.S. dollars, mainly through the way of attracting investments.

III. Market Analysis

Qinhuangdao is a famous resort for its coast tourism, recreation, and vacation, also, it is an important comprehensive harbor city round the Bohai region which co-hosts the 29th Olympic Games in 2008. Besides, Qinhuangdao is one of China's first 14 open coastal cities, which is known as "the back garden of Beijing and Tianjin". Therefore, the seascape tourism landmark development project of Qinhuangdao has a good development potential.

IV. Construction Conditions

The project is located in the Large and Small Tanghe estuario which in the west part of Hebei Street in Qinhuangdao Development Zone, the land has a convenient and strategic location with a beautiful surroundings, and the place is near the beautiful Bohai coast, which is suitable for the construction of a five-star grand hotel as a landmark building in Qinhuangdao that include restaurant, recreational and cultural, with the aim of enhancing the charm of the city.

V. Benefit Analysis

This project has a superior geographical location, a complete supporting facility, and a great market development prospects. After the completion of the project, it will become the landmark building of Qinhuangdao, and an important place for leisure, entertainment, catering, office. The expected construction period of this project is about 3 years with an annual income of 10 million U.S. dollars, and the investment capital can be recovered in 6 years. A good return on investment.

VI. Chinese Enterprise's Status

Liuhe Construction and Development Management Co. Ltd in Qinhuangdao was approved by Qinhuangdao government and is affiliated to the Construction Bureau of Qinhuangdao city, with a registered capital of 50,000,000 yuan. The main business areas: Management of the water system in the 6 river in urban areas; Bring into the agent construction system management for the state-owned urban infrastructure construction investment and Public infrastructure projects; Capital operation, to develop and utilize the integrate urban water systems and land resources etc.; Financing city construction funds; Ensure the assets value; Real Estate Development.

VII. Cooperation Mode

Sole proprietorship, joint venture or any other acceptable modes.

VIII. Liaison

Contact Person:Yang Cuixia, Zhu Huaidong Add: No. 356, North Wenhua Road, Haigang District, Qinhuangdao. Tel: 86-335-3070166 Fax: 86-335-3070266