Working with Beijing International Trust, in 2010 Jiaming was the first company to establish real estate fund management in the form of a limited partnership in China, which was used in Tianjin Binhai International Forest Manor project. As the fund initiator and management company, Jiaming successfully completed the fund sourcing, fund management and the operation of the project. Concentrating on the investors’ benefits and fully ensuring expected returns to investors, Jiaming won unanimous acknowledgement and high praise within the industry. We have been actively exploring new financing models for urban development and construction. In 2011, we closely worked with the Beijing Development & Reform Commission as well as CDB Capital, developing its Jinhai Lake New Town project as a pilot project funded by the Beijing Small Town Development Fund. The project is an active exploration, which has formed a financing model combining equity investment with urbanization debt, providing an effective solution to the bottleneck caused by increasing pressure for the need of new urban construction funds. This is also an innovative form of financing and investment modeling. In 2012, Jinhai Lake Town project was named National Tourism Scenic Town and National Reformed Model Town.