| Wholly-owned
Subsidiaries |
| Guangzhou Pearl River
Foreign Investment Architecture Design Institute |
| Guangzhou Pearl River
Engeering Construction Supervision Co.,Ltd. |
| Guanghzou Pearl River
Finishing Engineering Co.,Ltd. |
| Guangzhou Pearl River
Property and Hotel Management Co.,Ltd. |
Guangzhou Pearl River
Sports Culotural Development Co.,Ltd.
|
| Guangzhou Pearl River
Materials Supply Co.,Ltd. |
| Shenzhen Pearl River
Enterprises Co.,Ltd. |
| Huizhou Pearl River
Enterprises Co.,Ltd. |
| Guangzhou Pearl River
Enterprises Group Ltd. Zhuhai Branch Company |
| Guangzhou Pacific
Foreign Investment Construction Consultant Company |
| Guangzhou Pearl River
Advertising Company |
| Guangzhou Pearl River
Xingye Company |
| Zhongxing Investment
Co.,Ltd.,Switzerland[Hong Kong] |
| Zhuhai Pearl River
Zhongxing Real Estate Development Co.,Ltd. |
| Sanya pearl River
Garden Hotel of Hainan |
| Guangzhou Overseas
Chinese Rearl Estate Development Co.,Ltd. |
| Guangzhou Overseas
Chinese Investment Company |
| Guangzhou Overseas
Chinese Economy Construction Company |
| Guanghzou Qiaosheng
Propagating Company) |
| Holding
Subsidiaries |
| Guangzhou Pearl River
Enterprise Development Co.,Ltd. |
| Guangzhou Pearl River
Enterprise Group Finance Co.,Ltd. |
| Guangzhou World Trade
Center Complex Co,.Ltd. |
| Guangzhou Peace World
Plaza Co.,Ltd. |
| Guangzhou Jiexing
Real Estate Development Co.,Ltd. |
| Xinhui Pine Garden
Real Estate Development Co.,Ltd. |
| Guangzhou Lucui Garden
Real Estate Development Co.,Ltd. |
| Guangzhou Pearl River
Hengchang Real Estate Consultant Co.,Ltd. |
| South China Automation
Corporation) |
| Equity
Companies |
| Guangzhou Guangyi
center Building Co.,Ltd. |
| Guangzhou Sanlian
Overseas Chinese Real Estate Co.,Ltd. |
