Company Mountain China Resorts (Holding) Limited

Mountain China Resorts Holding Ltd is a Canada-based investment holding company. The Company, through its subsidiaries, is engaged in the development and operation of mountain resorts and provision of hotel services in the People's Republic of China (the PRC). The Company operates through the segments: Ski Resort, Real Estate and Other. The Company, through its operating subsidiaries, including the Yabuli Resort is in the process of developing existing ski areas in China into resort destinations with new lifts, snowmaking and trails, hotels, conference and skier services, dining, shopping, spa and entertainment. The Company owns and operates existing destination ski resorts in the PRC, Sun Mountain Yabuli Resort (including Yabuli Resort and Zhiye) in Heilongjiang Province. The Sun Mountain Yabuli Resort has two luxury five star hotels, restaurants, spa, retail and conference facilities together with on mountain facilities with new trails, lifts and snowmaking.