Xinyuan Real Estate Co., Ltd. (“Xinyuan”) (NYSE: XIN) is a developer of large scale, high quality residential real estate projects aimed at providing middle-income consumers with a comfortable and convenient community lifestyle. Mr. Yong Zhang founded Xinyuan in Zhengzhou in 1997 and the Company was ranked No.1 in Zhengzhou by residential contract sales in 2004. Xinyuan focuses on China’s Tier II cities, characterized as larger, more developed urban areas with above average GDP and population growth rates. Xinyuan started expanding across China in 2006 and now cover a total population of over 44.7 million people in seven strategically selected Tier II cities, comprising Hefei, Jinan, Kunshan, Suzhou, Zhengzhou, Xuzhou and Chengdu. Xinyuan raised US$289 million in IPO in 2007 and is the first real estate developer from China to be listed on the New York Stock Exchange.

The Company acquires development sites primarily through public auctions of government land. This acquisition method allows us to obtain unencumbered land use rights to unoccupied land without the need for additional demolition, re-settlement or protracted legal processes to obtain title. As a result, the Company is able to commence construction relatively quickly after we acquire a site for development.

As of June 30, 2010, the Company had completed 19 projects with GFA of 1.59 million sqm and an additional 7 under construction and another 5 in the planning stages with total GFA of 2.87 million sqm.