Gu Bi Ya

Ms. Gu Bi Ya, aged 53, joined our Group in November 2006 and was previously appointed to our Board on November 30, 2006. She was responsible for overseeing the development of the Wuxi Project. On June 1, 2009, Ms. Gu resigned from our Board as she had a surgical operation but was appointed as executive Director and chief operating officer on January 7, 2010 upon recovery. She is now responsible for enhancing the operational effectiveness and efficiency of our Company. She also sits on the boards of various companies within our Group. Ms. Gu obtained a bachelor’s degree in economics and management from the Central Party School in June 1992 and obtained an International Real Estate Advanced Leadership Program Certificate upon completion of a course relating to the financing and management of a real estate company jointly organized by the Harvard University’s Graduate School of Design, the graduate school of design of the Harvard University, and the Tsinghua University for real estate professionals in China in March 2005. She was a member of the Shanghai City, Baoshan District Chinese People’s Political Consultative Conference National Committee from October 2004 until the change of office bearers of the committee in 2008. She was awarded the 2005 China Construction Industry Top 100 Managers Award in October 2005 from China Management Science Research Institute, China Architectural Culture Center and China Construction Newspaper. Based on the records from Shanghai Changning District Human Resources Service Center, Ms. Gu has over 19 years of management experience in the real estate industry. She has joined the SRE group since 1997. In 2002, she was appointed as a director and the general manager of SGLD and was responsible for the operations of the company until February 2007.