The Development Course of Mido Holdings Limited

Dumei Holding Co., Ltd. (hereinafter referred to as "the Company", formerly known as "Hainan Bao Hua Industrial Co., Ltd.") was approved by Hainan Provincial Joint-stock Pilot Leading Group Office (documentNo. Qiong Ban Gu Zi (1993) 16) and was jointly established by Hainan Bao Hua Real Estate Comprehensive Development and Management Company, Jinghua Real Estate Co., Ltd. and Beijing Housing Architecture Design Institute. 1993 was registered in Hainan Administration for Industry and Commerce on April 29th with a registered capital of 70 million yuan. 1on March 23rd, 1999, with the approval of China Securities Regulatory Commission (Jian Zheng Fa ZiNo. 199930), the company issued RMB ordinary shares13.34 million shares to the public, and went public on April 8th, 1999. On June 2, 2000, June 20, 2005, and July 8, 2006 10, the company converted every 10 share from capital reserve into 10 share, 2 share and 3 share, and the total share capital after issuance and capital increase was10 share. With the approval of China Securities Regulatory Commission's Zheng Jian Permit [2007] No.224 document, the Company issued 63 million RMB ordinary shares to Mido Group Co., Ltd. to purchase its 0/00% equity of Zhejiang Hengsheng Investment Development Co., Ltd. ... After this issuance, the total share capital was 229,420,800 shares, and the registered capital after the change was 22,942.08. On March 20, 2008, the business license of an enterprise as a legal person was changed. Registration telephone number: 330000000 18 153.