Beijing Capital Development Co., Ltd. is principally engaged in property development and operation. The Company also involves in land development and transfer, as well as hotel property operation. The Company operates is businesses primarily in Beijing, Yantai, Mianyang, Yangzhou, Xiamen, Shenyang, Suzhou and Guiyang, China, with Beijing as its major market. On May 7, 2013, the Company announced that it has acquired a plot of land in Xiamen and also jointly acquired a plot of land in Beijing, of which the Company holding a 50% rights. On November 9, 2013, the Company announced that it has acquired two pieces of land with two Beijing-based real estate development companies in Beijing, measured 47,777 square meters and 67,576.4 square meters, respectively.