| | | | | | % of | | | | | |
| | | | | | Ownership | | Relationship | | | |
| | Date of | | Place of | | held by the | | with the | | | |
Company Name | | Incorporation | | Incorporation | | Company | | Company | | Principal activity | |
Sunrise Real Estate Development Group, Inc. (“CY-SRRE”) | | April 30, 2004 | | Cayman Islands | | 100% | | Subsidiary | | Investment holding | |
Lin Ray Yang Enterprise Limited (“LRY”) | | November 13, 2003 | | British Virgin Islands | | 100% | | Subsidiary | | Investment holding | |
Shanghai Xin Ji Yang Real Estate Consultation Company Limited (“SHXJY”) | | August 20, 2001 | | PRC | | 100% | | Subsidiary | | Property brokerage services | |
Shanghai Shang Yang Investment Management and Consulting Company Limited (“SHSY”) *** | | February 5, 2004 | | PRC | | 100% | | Subsidiary | | Property brokerage services, investment management and consulting | |
Suzhou Gao Feng Hui Property Management Company Limited (“SZGFH”) | | January 10, 2005 | | PRC | | 100% | | Subsidiary | | Property management and leasing services | |
Suzhou Shang Yang Real Estate Consultation Company Limited (“SZSY”) | | November 24, 2006 | | PRC | | 38.5%* | | Subsidiary | | Property brokerage and management services | |
Suzhou Xi Ji Yang Real Estate Consultation Company Limited (“SZXJY”) | | June 25, 2004 | | PRC | | 75% | | Subsidiary | | Property brokerage services | |
Linyi Shangyang Real Estate Development Company Limited (“LYSY”) | | October 13, 2011 | | PRC | | 24%** | | Subsidiary | | Real estate development | |
Shangqiu Shang Yang Real Estate Consultation Company Limited (“SQSY”) | | October 20, 2010 | | PRC | | 100% | | Subsidiary | | Property brokerage services | |
Wuhan Gao Feng Hui Consultation Company Limited (“WHGFH”) | | November 10, 2010 | | PRC | | 60% | | Subsidiary | | Property brokerage services | |
Sanya Shang Yang Real Estate Consultation Company Limited (“SYSY”) | | September 18, 2008 | | PRC | | 100% | | Subsidiary | | Property brokerage services | |
Shanghai Rui Jian Design Company Limited (“SHRJ”) | | August 15, 2011 | | PRC | | 100% | | Subsidiary | | Property brokerage services | |
Linyi Rui Lin Construction and Design Company Limited (“LYRL”) | | March 6, 2012 | | PRC | | 100% | | Subsidiary | | Investment holding | |
Putian Xin Ji Yang Real Estate Consultation Company Limited (“PTXJY”) | | June 5, 2012 | | PRC | | 100% | | Subsidiary | | Property brokerage services | |
Wuhan Yuan Yu Long Real Estate Development Company Limited (“WHYYL”) | | December 28, 2009 | | PRC | | 49% | | Equity investment | | Real estate development | |
Shanghai Xin Xing Yang Real Estate Brokerage Company Limited (“SHXXY”) | | September 28, 2011 | | PRC | | 40% | | Equity investment | | Property brokerage services | |
Xin Guang Investment Management and Consulting Company Limited (“XG”) | | December 17, 2012 | | PRC | | 49% | | Equity investment | | Investment management and consulting | |