New Taohuayuan Culture Tourism Co., Ltd. owns and operates the Taohuayuan Inn hotel and resort located in the city of Xi'an, province of Shaanxi, in the People�s Republic of China. The Taohuayuan Inn has 23 courtyards with 146 rooms and 292 beds. The Company manages the DongJin Taoyuan Villas, a hotel and resort property approximately 10 miles from downtown Xi'an. DongJin Taoyuan Villas has 84 rooms and 168 beds. It also manages a chain of four traditional Chinese restaurants. Two of the restaurants are in Xi'an, and one is in Beijing. The Company has a wholly owned subsidiary, Shanxi New Taohuayuan Culture Tourism Company Limited (Shanxi NTHY).