Located in Changsha, Hunan Province, this projecthas an aggregate site area of approximately 367,626 m and an expected GFA of approximately901,973 m . Construction of this project commenced in April 2004 and is expected to becompleted in 2011. As of 30 November 2007 Date, the total investment of this project wasapproximately RMB291 million. This project has approximately RMB1.0 billion in estimatedtotal development cost excluding the RMB0.07 billion in land costs. As of 30 November 2007, wehad completed approximately 40% of the construction of this project.