Wuhan Sanzhen Industry Holding Co.

Wuhan Sanzhen Industry Holding Co., Ltd. is principally engaged in the generation and supply of tap water, as well as real estate development. The Company is also involved in urban sewage processing business and the provision of property management services. During the year ended December 31, 2007, the Company obtained approximately 58.3% and 36.1% of its total revenue from tap water business and real estate business, respectively. As of December 31, 2007, the Company had two major subsidiaries and one associate. The Company is headquartered in Wuhan, Hubei Province, China. (Source: ARS)