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Brief Introduction of Shandong Tianye Group

 

Shandong Tianye real estate development Group Co., Ltd.is the core enterprise of Shandong Tianye Group,which was established in July 1999, with extensive involvement in real estate, mining, energy, convention, property management, finance, hotel and other industries, also has wholly-owned holdings of Shandong Tianye Hengji Limited (SH:600807),Shandong Tianye Mining Co.Ltd., Shandong Tianye International Energy Co.Ltd., Jinan International Convention and Exhibition Center Co.Ltd., Shandong Tianye International Conference and Exhibition  Hotel Co.Ltd., Jinan Shizhong No.3 plastics factory, Shandong HaiTian Mining Co.Ltd.Shandong Tianye Group is also the equity participant of several other enterprises, such as General Holdings Co., Ltd, Shandong Tianye Property Management Co., Ltd, Lu Xin Oil and Gas Co.Ltd. Zaozhuang Commercial Banks and other enterprises. In November, 2006, Shandong Tianye Group,with Shandong Tianye Group Real Estate Development Co. Ltd. as the core, is formally set up with total assets of nearly 3 billion RMB.

 

Starting from the real estate industry, Shandong Tianye Group has develop to gain brilliant achievements.It successfully developed several projects, such as Shanda Rd.Development Center, Jinan International Convention and Exhibition Center, Zhangqiu Xiushui Ruyi International Business Center, Tianye Chuiyuan, New Oriental Garde, etc., which all bring good economic and social benefits. The Project of Shengshi Huacheng in construction has become a leading real estate in the eastern part of Jinan.  Tianye International Plaza (Yong An Building, second phase), Dongying Tianye Luxury Building,which will start soon, are also the focused real estate.At the same time,Shandong Tianye Group is actively reserving several projects   for the sustained and healthy development.In the past few years,the Group has been widely recognized and acclaimed for the efforts and achievements, because it based on the principle that people can afford the  housing.In 2001, the group was awarded as an assured development enterprise by Jinan Housing Development Office ; in 2002, it was awarded as among top 80 real estate development enterprises in comprehensive strength by Construction Bureau of Shandong Province; in 2003,it was awarded as an excellent unit for the financial contribution; in 2004, it was awarded as the real estate brands in Jinan;in 2005, it was awarded as among as tJinan top 20, Qilu brands top 20 real estate business for the comprehensive strength; in 2006, it was awarded as among top 50 real estate enterprizes in Shandong Province, and won the title of exempt enterprises from provincial Trade and Industry Bureau.

 

The group successfully restructured the listed company of Shandong Jinan department store group in 2006 and renamed it to Shandong Tianye Hengji Co., Ltd., which marked the new phase and landmark of development of the group and adjusting of strategic layout in major industry.

 

Shandong Tianye mining Co., Ltd. was established in 2007. It actively expanded development of mining projects, continuously gained concession of nearly 20 mining projects and laid solid foundation for the all round development of mining industry of the group. Up to now, there have already been many mining projects of large metal and non-metal under operation among provinces of Shandong, Hebei, Xinjiang, Gansu, Qinghai etc. With abundant reserves, the development prospect of these projects is broad.

 

As demand of energy for economic development is increasing, the group attached much importance to expand energy business. Shandong Luxin petrol & natural gas Co., Ltd. was established by several enterprises such as Shandong petrol & natural gas Co., Ltd. in 2005. The company focused on construction and implementation of natural gas line. It has completed a project in Zouping with a annual capability of 30 million m³. Shandong Tianye International energy Co., Ltd. was established in 2007. It is focusing on construction and operation of Gas station and natural gas line. Jiyang general gas station is on of the 5 major general gas station in city planning of Jinan. It enjoyed fine position advantage and abundant gas recourse. Meanwhile, the company also engaged in cooperation and construction of gas sub-station and related lines.

 

As the China's financial sector is accelerating the pace of reform, the development of the financial industry is growing. In 2007, the company seizes the opportunity to participate the Zaozhuang City Commercial Bank as the first major shareholder (3.0 billion total assets), and develop extensive cooperation with fund companies, financial companies, build a more extensive investment and financing platform for capital operation.

 

The Group paid more attention to the training and forging of team organizational capacity, management capacity, creativity and forward-looking capacity, and gradually formed a professional management team with skilled business, excellent work style, high quality, strong cohesion and hardworking. The Group also trained and introduced into a large number of highly qualified professionals and made them becoming a core strength in the high-speed development of the company's business. Human resources strategy supplies a powerful protection for the Group's rapid development.

 

Tianye Group has gradually developed as a platform for listed companies, dealt with the four pillar industries including the real estate, resources, energy and finance with medium and long-term pattern of development strategies. All fields have shown good prospects of development.

 

It always concern about the public and positive back to society as the process of development. Shandong Tianye Group makes great contribution in social welfare and philanthropy. The Group has been widely praised that it sets up "Tianye Fund" in colleges to help poor students by the support of Shandong Education Foundation. The total of subsidies has reached millions of RMB.

 

Shandong Tianye Group is adhering the corporate identity of "satisfying the world and establishing a long terms Group", to create the corporate image and show the enterprise features, to achieve the beautiful ideal of "serve the public and repay the society".

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