Jiang Shen Group has five secondary holding subsidiaries: Shanghai Shenjiangbei Bund Development and Construction Co., Ltd., Jin Shanghai An Enterprise Development Co., Ltd., Shanghai Huanjiang Investment Development Co., Ltd., Shanghai Jiang Shen Asset Management Co., Ltd. and Shanghai Yide Property Management Co., Ltd. In addition, four joint ventures have been established with Pudong New Area, Baoshan and Xuhui District, which are responsible for the development of riverside sections in relevant areas: Shanghai Pudong Riverside Development and Construction Investment Co., Ltd., Shanghai Sanchagang Yacht Club Co., Ltd., Shanghai Wusongkou Development Co., Ltd. and Shanghai Xuhui Riverside Development and Investment Co., Ltd., undertaking more than 0/0 projects supporting the World Expo during the year, with a total investment of more than 3 billion yuan. Expropriate the land put into storage 1 1.2 hectares, and sign the relocation unit 16. Except for Yangjing Port, the takeover of 140 hectares of land injected by Shanghai Port Group was completed. Completed the capital increase and share expansion of Xuhui Riverside Company, and the registered capital increased from 654.38+0 billion yuan to 500 million yuan; Cooperate with Pudong New Area to promote land reserve and riverside environment construction, and some municipal roads supporting the Expo have been completed and opened to traffic; Cooperate with Huangpu District to promote the relocation of Fuxing plot, plot 596 and plot 99 with Luwan District; Cooperate with Baoshan District to implement Wusong Passenger Transport Center Project. 20 12-09-06 Group established Shanghai Jiang Shen Yacht Development Co., Ltd., which is the largest and highest-end yacht operation management company in Shanghai, mainly engaged in yacht industry management and commercial operation, including yacht dock management, clubhouse management, exhibition marketing and related supporting services, aiming at promoting the development of cruise yacht industry in Shanghai.