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Acquisition of Sanguantang integrated land, Jiangbei District, Ningbo city
(covering an area of approximately 69 acres)

Acquisition of Ningbo Nordic Industrial Park (covering an area of approximately 72 acres)

Acquisition of Zhoushan Dinghai Industrial Park (covering an area of approximately 48 acres)

Acquisition of an Auchan Supermarket

Ningbo City East of Sunshine II project broke ground with 230000 ㎡ of salable area.

Henghou In-the-Sun project delivery work completed.

Ningbo City East of Sunshine?Project?Phase One &?Two delivery work completed.

Cixi Sunshine City Phase Two delivery work completed.

Henghou In-the-Sun project broke ground.

Ningbo City East of Sunshine project was open with sales of 800 units within first 100 days.

Henghou Sunshine Mansion and Henghou In-the-Sun project broke ground.

Henghou acquired Yaojiang New Town Hotel Project.

Cixi Henghou Sunshine City Phase One delivery work completed.

Ningbo City East of Sunshine Project broke ground.

Henghou became one of the top five iron ore traders in the world with annual sales of over 32 million tons.

Hangzhou Sunshine City Phase Two delivery work completed.

Ningbo Hengshu Real Estate Development Co., Ltd was established.

Ningbo City East of Sunshine Project started.

Houheng Machinery Park became a professional platform for stone processing enterprises.

Henghou acquired 30 acres residential land in Ningbo East New Town.

Annual iron ore sales exceeded 20 million tons. Henghou became one of the top iron ore traders in the world.

Cixi Henghou Sunshine City broke ground.

Hangzhou Henghou Sunshine City’s phase one delivery work completed.

Ningbo Houli E-commerce Co., Ltd was established.

Henghou purchased two 260,000-ton-dwt bulk carriers from COMEC.

The annual iron ore sales exceeded 10 million tons.

Henghou Group’s annual revenue exceeded 10 billion RMB

Fifth milestone – Prosperities for all business lines.

Henghou invested 1.3 billion RMB to purchase a 41 acres residential land in Cixi, Ningbo.

Ningbo Henghou Real Estate Development Co., Ltd was established. In August, Howard Johnson Sunshine Plaza made its grand opening.

The Australian mining project started to ship. Henghou, as the exclusive dealer, introduced a new iron ore product, Bonnie Fines, to China.

Henghou keeps developing its international shipping business.

Hangzhou Henghou Sunshine City broke ground with 170,000 square meters of building area.

Henghou Industries (Hongkong) Limited was established.

Henghou purchased a bulk carrier to transport iron ore and coal, and started its international shipping business.

Henghou’s Australian mining project achieved great accomplishments.

Fourth milestone – Henghou started to build an international brand.

Henghou grasped the opportunities of the Financial Crisis, and stepped into iron ore trading market.

Hangzhou Haiheng Real Estate Development Co., Ltd was established. Hangzhou Sunshine City residential project started.

Howard Johnson Sunshine Plaza, a five-star hotel in Ningbo, broke ground.

Third milestone – Henghou integrated its internal resources, and formed Henghou Group.

Hengli Steel Co, Ltd moved to Houheng Machinery Park in Ningbo Luotuo Industrial Zone.

Houheng Machinery Park phase one was completed and open to the merchants.

Ningbo Jiangbei Haiheng Logistics Co., Ltd was established.

Henghou invested in a logistics project that includes a freight terminal(3,000tons throughput capacity), exclusive railway, and office buildings.

Henghou planned to develop a 33 acres logistics park project in Luotuo,Ningbo.

Haishu Sunshine City was delivered to the home buyers, and was ranked as one of Top 10 real estate projects in Ningbo.

ingbo Haiheng Real Estate Development Co., Ltd was established. Henghou started to develop Haiheng Garden and Haishu Sunshine City projects in Ningbo. Second milestone – Henghou started real estate development business.

Ningbo Hengli Steel Co., Ltd was established and achieved remarkable sales record.

First milestone – Henghou started steel trading business.

Shizao Zheng, the President of Henghou Group, came to Ningbo with entrepreneurial spirit.