Shimao Property Holdings Limited

Shimao Property Holdings Limited is an investment holding company. Through its subsidiaries, it is principally engaged in property development, investment and hotel operation. Its major subsidiaries include Shanghai Shimao Real Estate Co., Ltd., Shanghai Shimao International Plaza Co., Ltd., Shanghai Shimao Manor Real Estate Co., Ltd., Shanghai Shimao North Bund Co., Ltd., Beijing Shimao Investment and Development Co., Ltd., Harbin Shimao Riviera New City Development and Construction Co., Ltd., Changshu Shimao Real Estate Development Co., Ltd., Kunshan Shimao Butterfly Bay Development and Construction Co., Ltd., Wuhan Shimao Splendid River Real Estate Development Co., Ltd., Kunshan Shimao Real Estate Co., Ltd. and Jiaxing Shimao New City Real Estate Development Co., Ltd., which are engaged in property development, and Shanghai Shimao Jianse Co., Ltd., which is engaged in investment holding.