Core business of China Hydropower Construction Group Real Estate Co., Ltd.

Relying on China Power Construction's strong resource advantages, technical force, financial support and credit platform, China Hydropower Real Estate takes real estate development and operation as its core business and vigorously implements the cross-regional development strategy. By the end of 20 13, China Hydropower Real Estate had 4 subsidiaries, 33 wholly-owned and holding/actual controlling subsidiaries and 3 shareholding subsidiaries, and became a comprehensive real estate brand operator facing the national market, integrating land development, real estate development and management, construction investment and property management, with products covering residential, office buildings, retail properties, businesses, hotels and other properties. At the end of 20 13, the company developed 47 projects, including 43 secondary development projects, 3 primary land development projects and BT project 1 project. The project covers 10 provinces and 16 cities: Beijing, Tianjin, Chengdu, Wuhan, Jingzhou, Xiangyang, Changsha, Zhengzhou, Kunming, Guiyang, Tangshan, Fushun, Mianyang, Dujiangyan, Sanya and Linzhi. In 20 13, China Hydropower Real Estate became a professional commercial real estate listed company-Nanguo Real Estate (stock code: 002305), and China Hydropower Property Company was established, which marked that China Hydropower Real Estate complied with the urban development trend and entered a new stage of multi-format and balanced development of the whole industrial chain.