Power Rider Enterprises Corp signed an agreement to acquire Myway Developments Limited for CNY 225 million.

Shanghai Zendai Property Limited is a Hong Kong-based investment holding company principally engaged in property businesses. The Company mainly operates through three segments. Sales of Properties segment is engaged in the sales of properties. Its properties include Himalayas Center and Riverside Thumb Plaza in Nanjing, among others. Hotel Operations segment is engaged in the holding of hotels, such as Radisson Blu Hotel Pudong Century Park. Properties Rental, Management and Agency segment is engaged in the provision of rental, management and agency services of properties. The Company mainly operates businesses in China, Hong Kong and South Africa.