Dear friends：

At the launch time of ZhongRong Group (ZRG)’s new website, I am grateful to our old and new friends for your much concern and supports! Founded in 1992, ZRG is a controlling company devoted to culture industry, life sciences, urban construction and energy development investment. Also, it is a member of World Trade Center Association, a vice chairman member of China Chamber of International Commerce, a member of China Mining Association, a standing director member of China General Chamber of Commerce, a vice director member of China Market Committee and a vice chairman member of Gems & Jewelry Trade Association of China.

In 1992, ZRG took the first step in Hangzhou. With the dream, we built 9 towers in Hangzhou and started expansion joinery.

In 1999, ZRG targeted at Yangtze River Delta and coastal regions during the Asian Financial Crisis, and built three Class-A buildings in Lujiazui, Shanghai. ZRG became the only group which has three financial towers in Lujiazui Finance and Trade Zone, Shanghai.

In 2003, we continued to exhibit ZRG architectural art under Dingdu Mountain, and on the bank of Yongding River and the western extended line of Changan Avenue, and built 78 European neoclassical museum and modern artistic palaces.

In 2005, with increasingly serious energy crisis, ZRG accepted invitation by Government of Canada and submitted application for establishment of CCEC to National Development and Reform Commission of China. ZRG became the first Chinese non state-owned enterprise participating in North America oil upstream development. Currently, ZRG has 100,000 acres land for oil exploitation and hundreds of oil wells in Williston Basin, Saskatchewan, Canada, while we have established one team specialized in petroleum geology, geophysics, drilling engineering, production, operation, oil business and capital operation.

Base on the successful experience in investment in Canada, ZRG established ACEC which is headquartered in the Chrysler Building, the landmark building in World Financial Center of New York, and selected oil investment project in the Gulf of Mexico Basin with the USA’s richest oil and gas resources.

In 2008, at outbreak of global financial crisis, ZRG established the financial investment department in Shanghai, and ZhongRong International Holding Group Co., Ltd. in the International Finance Centre of Hong Kong in 2009, taking a firm step for shift from industrial development to capital holding group.

In 2010, the subsidiary company ACEC finished acquisition of stocks of a USA listed oil company Crimson Exploration, which produces 7000 barrels of oil equivalent per day and has 200 million barrels of recoverable reserves. Crimson Exploration has rich oil and gas assets in Gulf of Mexico, and world top shale gas development technology.

In 2012, in response to the call for “Culture Industry Development” by the state, ZRG set up Shanghai ZhongRong Culture and Arts Development Company and Beijing ZhongRong Dingli International Arts Exhibition Co., Ltd. We built “Beijng Gem and Jade Exhibition and Trading Center” on Chang’an Avenue No.1, and obtained great support of the relevant departments for the business planning.

In the past two decades, we have made unremitting endeavor. Now, ZRG is actively expanding cultural industry. We built Beijing Gem and Jade Exhibition and Trading Center, and Hangzhou International Exhibition Center with an area of 83000 km2 with functions of international conference, exhibition, sightseeing, shopping and vocation, and invested Sanya International Life Science Center project in Hainan, and cooperated with Nobel Committee for Medicine to improve the life quality.

At abroad, ZRG has purchased 700mu land in New York, USA, and will design and build 10 artistic palaces there. In Pui O Bay, Hong Kong where sea view can be overlooked, the ZRG’s Villa Victoria will be completed. ZRG invested the green island with an area of 3.1 km2 in Cambodia, which is like a pearl in Gulf of Thailand. In the UK, ZRG planed to rebuild the historic landmark----Crystal Palace, arousing wide attention from the UK government and all social circles in London. These land reserves and magnificent architectural design will continue to perform a miracle of ZRG industrial investment in the future.

With successful experience in overseas investment, supported by national policy of “go global”, we will continue to expand investment of national strategic industry investment and usher in energy, mining and financial investment. We use overseas energy company as research platform for domestic technologies needed for oil exploration, shale gas technology development. We strive to expand mining investment of the golden industries for state strategic resource reserves; for the national future emerging industries: make cooperation with excellent overseas research institutions in the fields of biomedicine, healthcare and pensions to upgrade these state industries.

During development, ZRG always takes responsibilities for enterprises, the society and the country. We never want to become a financial baron of New York who chases money and oil Tycoon who gives priority to interests; ZRG investment and development is guided by “national strategic needs and natural law of social development”. Only in this way, we can achieve the goal of combing industrial development and capital holdings and becoming a transnational group based in China with an eye on the global.” 　　

Over the past two decades, we overcome all obstacles and continue to keep forging ahead! Now, ZRG future development is promising. I will guide ZRG People to create a glorious future of ZRG!