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China Aoyuan Property Group Limited ("Aoyuan Group") is a leading, privately owned residential real estate developer based in the Pearl River Delta region of Guangdong Province. Aoyuan builds affordable, high quality, western-style, suburban condominiums and multi-family homes, targeting middle and upper middle class young professionals.

Aoyuan used the capital provided by Cathay in May 2006 to acquire additional land bank and has since expanded to Chongqing, Yulin City, Shenyang and Jiangxi Province. In October 2007, Cathay assisted the company in completing an initial public offering on the Hong Kong Stock Exchange (listing code: 3883.HK).

For additional information, please see:
Property Development
China Aoyuan Property Group Limited
China Resources Land Ltd. ("CRL") is the holding company for one of China¡¯s largest, nationwide commercial and residential property developers.

Cathay acquired an interest in CRL in 1994 as one of the company¡¯s original foreign investors. In November 1996, Cathay assisted CRL in completing an initial public offering on the Hong Kong Stock Exchange (listing code: 1109.HK).

For additional information, please see:
China Resources Land Ltd.
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