Langfang Development Co., Ltd Provides Earnings Guidance for the Year 2016

Langfang Development Co., Ltd. is a China-based company mainly engaged in the goods trading business. The Company is also engaged in the provision of real estate management consulting service and Website service. The Company's main products are cements. The Company operates its businesses through leasing of buildings, provision of investment promotion and capital introduction services, management consulting for park investment, construction and operation projects, as well as sales of building materials, electronic products, electronic software, home appliance, electrical equipment, computer and computer accessories, communications equipment, furniture and others. The Company mainly conducts its businesses in Hebei Province.