2006 Mid-year Working Conference
CIIC is successfully held
----Vice-president Liu reports on behalf of BIIP

On July 16, 2006, CIIC successfully
held the 2006 Mid-year Work Conference. The six systems such as scientific
technology, real estate, logistics, hotel, information security and
life industry that were affiliated to the group and its comprehensive
management departments respectively reported their work performances
of the first half year and work plans for the second half year, and
focused on measures and effects to break through work bottlenecks. The
group's president Wang Tianyi requested various specialized companies
to strengthen team construction, bravely break through bottlenecks and
increase cash flows. On the conference, it also announced the name list
of new group of leaders of the group company.

Vice-president Liu Qun reported
on behalf of BIIP. In the first half of 2006, BIIP continuously implemented
the strategy of "transferring the land into housing" with
entire completion of 15 thousand square meters standard workshops and
adjusted the first phase plan to strive for maximum usage of land resources.
The application work of the second phase control and plan obtained the
approval from Beijing Municipal Commission of Urban Planning. We should
create conditions to devote for various preferential policies and properly
solved problems to compensate farmer's land. It successively contracted
to establish two parks in other cities in which Qingdao Park acquired
substantial progress to be the first park that implemented startup.
The international cooperation succeeded so that the first US$ 40 million
investment and financial consulting project was smoothly progressed
and its first financial consulting charge had been paid to our account.
On the second half year, BIIP would all-roundly complete the adjustment
and replay to the Control and Plan for the development land in the first
phase as well as the replay to the Control and Plan of the second phase.
We would continue to put in practice the strategy of transferring the
land into housing to build 400000 m2 of offices and standard workshops.
Deployment for ten parks in other cities would be successfully finished
and two parks will be substantially started up on the basis of Qingdao
Park. It would establish ten leading groups in charge of cultivating
and duplicating team members. We would constantly expand the idea to
cooperate with the Fortune 500 enterprises to play its play in inviting
business to various parks. It would stress on investment intermediate
to establish a platform for investment and financial services in order
to produce more benefits. We would cultivate a professional manager
team with teamwork consciousness and antagonistic spirits so as to introduce
high-end talent and cultivate powerful managers and officers as well
as strong teams. Participating representatives were uniformly affirmed
and praised the actual work effects of BIIP and Liu's brilliant speech.
In the first "competition of brilliant speeches" for the work
conference, Liu was ranked at the first place.

President Wang Tianyi pointed
out in his speech that the development of industrial civilization stressed
more on teamwork cooperation. It was easy to find out from the 2006
World Cup that teams from advanced industrial European countries such
as Italy, France and Germany behaved excellently and powerfully. Although
their teams didn't possess shining stars such as Maradona and Ronaldo,
they won the game at last and respects from people relying on teamwork's
strengths. CIIC was an internationalized team and enterprise and served
for global economic services on the basis of the entire world. Therefore
we should regard the China's culture of thousands years as the force
to drive enterprise development. Wang advocated all staff to hold high
spirit of "selflessness, no ego and fearlessness" and study
Goldman Sachs & Co.'s teamwork to stress on "we" (instead
of "I") so as to break through work bottleneck by teamwork.
He noted at last that numbers were universal language among enterprises;
specialized companies show their performance with cash flows. We should
dare to compare with the best enterprise in the field and strive to
be the best.
On the work conference, Liu read out a resolution on behalf of the board
of the group and publicized the name list of members in new group of
board of directors, board of inspectors, leaders and president's regular
meeting. At the same time, the group retained a well-known economist
Pro.Xiao Zhuoji as the chief economist as well.
On the phase of free talk of the conference, seven comrades such as
Tian Geng, Zhao Lina, Hu Qiwen, Chen Min, Tian Chunyu, Liu Wei and Xu
Xinling from BIIP gave their speeches on the stage. During the speech,
they reported their own work performances, expressed their sentiments
to President Wang's speech or drew nice pictures for the future of the
company. Their colorful speeches adequately shown demeanor of the young
team in BIIP and were praised by leaders from the group and other specialized
companies.