Brief introduction of China Overseas Development Co., Ltd.

China Overseas Development Co., Ltd. (hereinafter referred to as "China Overseas Development" or "the Company") was incorporated in Hongkong on 1979 and is a holding subsidiary of China State Construction Engineering Corporation, the largest construction joint venture in China. 1In August, 1992, the company was listed on the Hong Kong Stock Exchange, which was the first time that a China enterprise directly listed its local business assets in Hong Kong.