China Metro-Rural Holdings Limited (China Metro) is a developer and operator of integrated agricultural logistics and trade centers in Northern China. In addition, China Metro has commenced its newly developed rural-urban migration and city re-development business, during the fiscal year ended March 31, 2012 (fiscal 2012), which consists of development and sales of commercial and residential properties and servicing and assignments of development rights to independent third party developers. The Company, through its People�s Republic of China subsidiaries, China Tieling Northeast, China Dezhou Northeast, Dezhou Northeast City Property Co., Ltd. and Qiqihar China Focus City China South Real Estates Development Co. Ltd., are developers in the People�s Republic of China of agricultural logistics and trade centers and residential and commercial properties.