Xin Xiang Zhai

Tianjin Development Holdings Limited is an investment holding company principally engaged in the supply of electricity, water and heat and thermal power. Along with subsidiaries, the Company operates its business through six segments: the Utilities segment; the Pharmaceutical segment; the Hotel segment; the Electrical and Mechanical segment; the Port Services segment; and the Elevators and Escalators segment. The Utilities segment is engaged in the supply of electricity, water, heat and thermal power. The Pharmaceutical segment is engaged in the manufacturing and sale of pharmaceutical products, the provision of pharmaceutical research and development services, as well as the design, manufacture and printing of pharmaceutical packaging. The Electrical and Mechanical segment is engaged in the manufacturing and sale of presses, mechanical and hydroelectric equipments and large scale pump units. The Hotel segment operates hotels in Hong Kong.