Our products portfolio consists of multiple rise buildings, sub-high-rise buildings and high-rise buildings, together with auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. In addition, we provide property management services for our developments and other real estate-related services to our customers.
We acquire land pieces primarily through public auctions of government land involving a transparent bidding process. This acquisition method allows us to obtain unencumbered land use rights to unoccupied land which can be immediately developed without the need for additional demolition, re-settlement or protracted legal processes to obtain titles.
Supported by a strong management team and solid execution, further blessed by our business model focusing on rapid asset turnover, efficient capital management and strict cost control, As of June 30, 2010, we had completed 19 projects with GFA of 1.59 million sqm and an additional 7 under construction and another 5 in the planning stages with total GFA of 2.87 million sqm.