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On June 10, Wei Feng, general manager assistant of the Group Corporation, and Liu Jun, general manager assistant of International Cooperation Department, metthe delegation of Russian Sports Investment Company at the headquarters of the Group Corporation.

Russian Sports Investment Company is a competitive enterprise which is engaged in constructional engineering business within the territory of Russia. Wei Feng extended warm welcome to the delegation. Heintroduced the Group Corporation¡¯s business development situation in recent years, and introduced the Group¡¯s advantages and development potential in new housing business. It is reported, Russia will intensify efforts to speed up the development of far east area within the next five to ten years. Based on this, the housing construction will have a good market demand. Both sides hope that, through this communication, they can promote promotion and cooperation of new housing business in the Russian far east area, and make positive contribution to the local economic and social development.