Listed on the Stock Exchange of Hong Kong in 1996, CR Land is one of the most representative stocks on the Hang Seng Composite Index and Hang Seng China-Affiliated Corp. Index. CR Land is dedicated to developing property in the Chinese Mainland. At the end of 2004, CR land owned 15.5 billion RMB or 4 million square metres of land and over 30 property development projects. It has became a nationwide property company with total assets over 10 billion RMB and its net assets total over 4 billion RMB, including 5 subsidiaries in Beijing, Shanghai, Chengdu, Wuhan and Hefei. The Chinese Mainland¡¯s prosperous property market provides CR Land great opportunities for development. By adhering to its corporate values of integrity, practicality, professionalism, teamwork, initiative and innovation, the company strives to carry out its differentiated competition strategies as well as nationwide development strategies, while continuing to enhance the productivity of its property value chain and maintain a competitive and leading position throughout the country.

In 2004, CR Land¡¯s consolidated turnover and profit attributable to shareholders was HK$ 2.41 and HK$ 0.15 billion respectively.