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Business Invitation Letter
Of
Tianyue International Building Material Free Trade City

Aug., 2001 Tianyue International Trade Corp., Ltd. Qingdao Free Trade Zone

                                  

1.Project Introduction

     Qingdao Tianyue International Building Material Free Trade City is invested and constructed by Tianyue International Trade Corp., Ltd. of Qingdao Free Trade Zone.
Tianyue International Trade Corp., Ltd. is a Sino-foreign jointed venture set up by the three parties of Belgium International Construction Co, Xiamen International Building Material Corporation, and Qingdao Real Estate developer.
 1.1 Project Background
    The 21st century is a century of hope, a century for Asia’s economy developing at high speed and also a century for China’s economy advancing rapidly. To conform to tidal current of the world economic integration of the 21st century, the global markets of building material are developing in the direction of globalization, informatization and ordering. With growing up of Chinese economy, particularly after China won the Bid for 2008 Olympic Games, with the implementation of the national policy on developing the western part of China and after China’s entry into WTO, a great deal of building materials of medium and high quality will be imported in the construction of Chinese economy. Meanwhile, with upgrading of Chinese industry of building material, more and more building materials will be exported to various places of the world. Therefore, there will be an admirable business opportunity and a huge market space----in some place and a certain type of logistics pipeline of modern building materials should be built. After careful investigation and study, Tianyue’s decision-making body, with mastery of the trend and market of the domestic and international building materials as well as the economic development, sees the situational advantage, port advantage and the advantage of the Free Trade Zone, and with the wisdom of all its staff members, decided firmly to set up “Tianyue International Building Material Free Trade City” in Qingdao Free Trade Zone and planned to complete the project by the end of December, 2001, and open for operation by May, 2002.
1.2 Traffic Convenience of the Project
    This project is located within Qingdao Free Trade Zone and connected with Jiaozhou Bay Express. The project is 2 km away from the express exit, connected with Jiaozhou--Huangdao railway, 3 km from the railway station, and 50 km away from Liuting International Airport. Bordering Qianwan Port and the oriental bridgehead of the new Asia-Europe continental bridge, the free trade city has extremely convenient ocean, land and air traffic with powerful traffic radiation.

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