R&F Properties has donated CNY5 million to the Taiyuan Municipal Government of Shanxi.

Of the CNY5 million donations, CNY3 million is for the culture of Shanxi merchants and arts week coming in September 2008, CNY1 million is for the teaching reform work of Taiyuan Senior Technical School and another CNY1 million will go to some state-owned enterprises for their reform work.

The culture of Shanxi merchants is one of the commercial cultural systems in Chinese history, with an inheritance of various business experiences and entrepreneurship, and which has generated a strong sense of attraction and creativity in China's history of its commercial culture.

Guangzhou R&F Properties Co., Ltd. has been active in various public welfare undertakings since its establishment in 1994, with total donations of over CNY150 million.