At least one VIE exists in the corporate structure
We design, construct and develop premium golf courses and golf communities in the PRC through our PRC based operating companies Beijing Shungao Golf Course Management Co., Ltd. (“Beijing Shungao”) and Shanghai Zhonggao Investments Management Co., Ltd. (“Shanghai Zhonggao”). We offer a full spectrum of golf course development and management services, including design, engineering, construction, and maintenance of golf courses as well as consulting and management of golf projects. Currently, we principally act as an independent contractor for various parts of golf projects, and we plan to develop and manage our own golf courses and communities in a near future through our proposed business model as described below.
Last updated October 12, 2010
Course Development