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Kiri announced that up listing application.
KIRI about to get some action.
O/S: 20,596,546 (a/o August 14, 2013)
A/S: 500,000,000 (a/o May 31, 2010)
http://www.otcdynamics.com/$kiri-kirin-international-holding-inc-promotional-campaign-starting-jul-20-2015-834-am-cst/
Good luck
patience is the key LOL
Cant believe my eyes.i used to own this. Id be a millionare arrrg
$KIRI recent news/filings
bullish
## source: finance.yahoo.com
Tue, 21 Apr 2015 17:04:18 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Financials
read full: http://finance.yahoo.com/q/is?s=kiri
*********************************************************
Wed, 15 Apr 2015 18:52:01 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Files SEC form 10-K, Annual Report
read full: http://biz.yahoo.com/e/150415/kiri10-k.html
*********************************************************
Fri, 21 Nov 2014 16:47:06 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/141121/kiri10-q.html
*********************************************************
Tue, 19 Aug 2014 21:30:07 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/140819/kiri10-q.html
*********************************************************
Tue, 20 May 2014 20:13:17 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/140520/kiri10-q.html
*********************************************************
$KIRI charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$KIRI company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/KIRI/company-info
Ticker: $KIRI
OTC Market Place: OTC Pink Current
CIK code: 0001487843
Company name: Kirin International Holding, Inc.
Incorporated In: NV, USA
Kirin International Holding, Inc. engages in the development and sale of real estate properties in the People's Republic of China. It focuses on middle-income customers in tier-three cities. The company develops residential and commercial real estate properties, and develops land lots in Xingtai City, Hebei Province. It also provides property management services, including security, clean environment preservation, flower and tree planting, and community facilities maintenance; and garden design and planting services. The company is headquartered in Beijing, the People's Republic of China.
Kirin International Holding, Inc.
Phoenix Plaza
12th Floor, Building F
Beijing, 100028
China
Phone: 86 10 8455 4001
$KIRI share structure
## source: otcmarkets.com
Market Value: $7,929,670 a/o May 15, 2015
Shares Outstanding: 20,596,546 a/o Aug 14, 2013
Float: Not Available
Authorized Shares: 500,000,000 a/o May 31, 2010
Par Value: 0.0001
$KIRI extra dd links
Company name: Kirin International Holding, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=KIRI+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=KIRI+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=KIRI+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/news - http://finance.yahoo.com/q/h?s=KIRI+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/KIRI/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=KIRI+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/KIRI
DTCC (dtcc.com): http://search2.dtcc.com/?q=Kirin+International+Holding%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Kirin+International+Holding%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Kirin+International+Holding%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/KIRI
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001487843&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=KIRI&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=KIRI
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=KIRI+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=KIRI+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=KIRI
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=KIRI
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=KIRI+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/KIRI/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=KIRI+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/KIRI.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=KIRI
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/KIRI
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/KIRI
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/KIRI:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=KIRI
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=KIRI
$KIRI DD Notes ~ http://www.ddnotesmaker.com/KIRI
Let's hope today is a good day! Let's buy!
KIRI promotion starting today.
O/S: 20,596,546 (a/o August 14, 2013)
A/S: 500,000,000 (a/o May 31, 2010)
http://www.otcdynamics.com/$kiri-kirin-international-holding-inc-promotional-campaign-starting-mar-16-2015-832-am-cst/
Good luck
dang hit .33 now back down to .13 that must have been some serious pumping action. LOL will there be another pumping before another dumping LOL
KIRI $0.16 congrats lol
maybe its just a constipation flushing.. LOL
Lol really?!!! Pathetic POS stockmister pump wash trading for the 10th time
congrat$ hit .33 today
It really is unbelievable how many get suckered in every time that freaking criminal Pumps this stock and anyone would fall for it, I would have to say nine out of ten of his picks get pump and than dumped deep into the red in the same day,
LOL How many times does POS Stockmister have to pump KIRI to get rid of all his crap shares...it's like the 10th time now lol what a joke of the town he is...
Needs Volume, Take it to Resistance...
Peak In @.25 > Descent time...
I should of said girl not man, sorry there friend.
Thanks man I got you covered
Beautiful Setup here, Traded 44x it's Normal volume, I've got to Hop in this one.
Huge profits WERE made though, that's the thing. I got in and got back out in 30 minutes. 65%. I'll take that all day long.
Snd 1 2 3 stock alerts that seemed to lie about such huge profits when they actually were in losses of millions for the year.
Saw a promotion for this" hundreds of millions in revenue, 50% earnings per share etc etc" lol uh they had net loss of millions! Where's the profit??? Administative fees 7 million? Do they pay themselves millions?! Before they have a net loss? Doesn't look like a very profitable business all the millions in sales and net not even enough to pay for what it cost. I will say if they can increase the profit it could be a productive business. But my first assumption is they're paying thenselves a lot of those earnings!!
Just sold all- off to the next multi bagger ERHE- watch
Good luck to who is left here
Lol ya - figured he pump this PoS again - bought some in the .10s and sold today for double - the only way to make bank on his POS pumps :D
Stock pissster is every dumpers dream come true, and opens the window for every dumper to come out of the wood work, 99% of his pumps end up in the red before the close, anyone buying right now are getting dumped on.
What's even a bigger joke is his email he sent out a few days ago claiming how he has one of the best promoters records for the past year, I read his emails for entertainment and a big laugh these days, in the past when ever I tried to trade a few of his pump and dumps 99% of them ended up in the red by more then 10% before the close, he hand picks who gets his pump emails first, then sends out second and third waves of pump emails five minutes apart to other traders, like a total manipulator scam artist that he is, so the first guys who got his first pumped email get more of a pump that they can dump into, how this mother Fck'er has not been shut down by the SEC I find shocking, with all of the other penny promo scams that they have shut down last year.
Don't join now.. Get in and out... GL
came to join you, wow looking good
kiri listed..http://www.pumpsanddumps.com/ Get ready for the dump soon.... Get out if you have profit... Happy new year to all.
Stock mister alerted it yea
+>>>KIRI - Well Did they alert it? Cause its rocking and rolling now!
I don't see any other reason for it be getting this kind of action!
Just heard POS Stockmister going to pump this crap again next week - anyone who was stuck on the last time, chance to get out - watch for the Gap trap here!!! LOL
Why is this person not on jail yet.
Pereira....
Anyone have any info on where he is? How about what and how he paid Affa and Nix for those websites?
Yup,Typical StockMister front load....
KIRI Be careful here folks StockMister front load will tank tomorrow IMO....
Stockmister is a joke, now he sends out an email saying his new alert is KIRI lol - doesn't mention that he already did several failed pumps on this this year - he must be stuck with a lot of paper - good short play tomorrow on this POS Stock promoter.
Penny Stock Circle = StockMister
Looks like he bought their sites after Affa got arrested by the FBI
$KIRI DD Notes ~ http://www.ddnotesmaker.com/KIRI
bullish
$KIRI recent news/filings
## source: finance.yahoo.com
Tue, 19 Aug 2014 21:30:07 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/140819/kiri10-q.html
*********************************************************
Thu, 29 May 2014 17:04:13 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Financials
read full: http://finance.yahoo.com/q/is?s=kiri
*********************************************************
Tue, 20 May 2014 20:13:17 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/140520/kiri10-q.html
*********************************************************
Tue, 15 Apr 2014 21:14:47 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Files SEC form 10-K, Annual Report
read full: http://biz.yahoo.com/e/140415/kiri10-k.html
*********************************************************
Tue, 19 Nov 2013 22:07:25 GMT ~ KIRIN INTERNATIONAL HOLDING, INC. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/131119/kiri10-q.html
*********************************************************
$KIRI charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$KIRI company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/KIRI/company-info
Ticker: $KIRI
OTC Market Place: OTCQB
CIK code: 0001487843
Company name: Kirin International Holding, Inc.
Incorporated In: NV, USA
Business Description: Ciglarette, Inc. (hereafter Ciglarette or the Company) will offer a smokeless cigarette from headquarters in Centreville, Virginia. The company is a marketer and distributor of personal vaporizers, under the Ciglarette brand. Our business model does not include the research and development and manufacture of personal vaporizers. Personal vaporizers are electronic devices that vaporize a liquid solution, which provide users an experience akin to smoking without actual combustion and as such no smoke or noxious odor is dispelled from the device. The most common form of personal vaporizers are Ã?Â?electronic cigarettesÃ?Â? whose solution constituents are primarily propylene glycol, nicotine, and tobacco flavorings or essences. CiglaretteÃ?Â?s success will be achieved by focusing on three key factors:1. We believe that health products are one of the fastest-growing segments of the consumer economy and alternatives to smoking traditional cigarettes are becoming increasingly popular; 2. By offering an easy-to-use, affordable, hands-on product that will open the benefits of smokeless cigarettes to the average consumer, we believe that we will be able to tap into the pre-existing and wide-ranging alternative smoking/cigarette market. This gives us a powerful marketing factor that is impossible to buy or create: we have accessibility. This single factor will enable us to create a unique niche and promote a powerful marketing presence.3. We already have a potential well-established customer base. That is, we believe that the market for smokeless cigarettes is growing as the market for traditional cigarettes continues to drop and our products will be seen as a recognized alternative to smoking in the industry. This will lead to natural marketing which include for us to engage conversations with our customer base, and local and nationwide businesses regarding the benefits of our products.The key to our business model is our is our founder, Lisan Rahman, who has recognized an opportunity to offer retail packages of smokeless cigarettes and, thus, to make money and achieve brand recognition in the market by operating a business that offers a simple way to enjoy smoking without the smoke. Our purpose is to become profitable by offering a unique value proposition. We will sell packages of smokeless cigarettes online and through wholesale and retail distribution channels. We do not believe that any other traditional cigarette product on the market offers a smoking experience comparable to Ciglarette.We are currently working on our website and plan to launch it within the next thirty days. We intend to spend approximately $2,000 per month on Search Engine Optimization (Ã?Â?SEOÃ?Â?) to launch the site. Ultimately, we would like to outsource the SEO to companies in India to help save our costs.We believe we will need approximately $15,000 in the next six months and $30,000 in the next twelve months in order to sustain our operations. We anticipate our operating expenses will be CEO salary and SEO. At this time we believe that we have the funds to cover these expenses for the next six to nine months. However if we do not have enough funds to cover our ongoing expenses we may raise additional capital through equity offerings or loans from either related or third parties. It is nearly universally agreed in the health and medical industry that smoking cigarettes is a health risk and popularity of smoking has declined in recent years as people become more health-conscious. Most people attempt to use products to help them quit smoking as the only alternative to traditional cigarettes. While those types of products are popular for those who want to quit smoking, they do not provide the same features and benefits that smokeless cigarettes can. We allow our users to engage in smoking smokeless cigarettes on a daily basis, and the benefits of this technique are something which we believe will be noticed almost immediately. Our product allows an individual to enjoy smoking without incurring the negative hang-ups associated with smoke and second-hand smoke.Less >>
$KIRI share structure
## source: otcmarkets.com
Market Value: $6,796,860 a/o Aug 26, 2014
Shares Outstanding: 20,596,546 a/o Aug 14, 2013
Float: Not Available
Authorized Shares: 500,000,000 a/o May 31, 2010
Par Value: 0.0001
$KIRI extra dd links
Company name: Kirin International Holding, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=KIRI+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=KIRI+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=KIRI+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/news - http://finance.yahoo.com/q/h?s=KIRI+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/KIRI/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=KIRI+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/KIRI
DTCC (dtcc.com): http://search2.dtcc.com/?q=Kirin+International+Holding%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Kirin+International+Holding%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Kirin+International+Holding%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/KIRI
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001487843&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=KIRI&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=KIRI
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=KIRI+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=KIRI+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=KIRI
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=KIRI
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=KIRI+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/KIRI/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=KIRI+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/KIRI.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=KIRI
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/KIRI/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/KIRI/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/KIRI
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/KIRI
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/KIRI:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=KIRI
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=KIRI
$KIRI DD Notes ~ http://www.ddnotesmaker.com/KIRI
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Kirin Development China, Inc. (KIRI) is a U.S. corporation which controls Huaxia Kirin Real Estate Co., Ltd., the largest non-government developer of residential mixed-use properties in the southern Hebei Province city of Xingtai, North China's oldest city with a population of 7 million. For 17 years Kirin has specialized in master-planned real estate development in China's Third Tier cities such as Xingtai, where GDP has grown at a double-digit rate for the past four years, and is now the sixth largest economy in Hebei Province. Kirin Development has recorded a CAGR of 65% since 2004, culminating in profits of USD$8 million in 2009 and projected earnings of USD$20 million in 2010 and USD$35 million in 2011. Kirin became a U.S. public company and completed a USD$1.4 million equity financing in Q1 '11. Kirin is led by a strong and experienced management team, with a proven record for profitably developing properties with a gross floor area ("GFA") of over 3.5 million square feet ("SF"). Kirin's established brand name has been recognized with numerous honors, and the Company will utilize proceeds from its investment offering to expand its local expertise from Xingtai into a regional reach targeting Third Tier cities of the Greater Bohai Sea Area for future projects. Kirin's Target Market: 'Move Up' Housing For China's 3rd Tier Cities Kirin's residential projects target mid-range and high-end customers in Xingtai for "move up" housing needs and master-planned communities in redevelopment areas of the city's 600,000 center core population base. Current Kirin projects include No. 79 Courtyard and Kirin Bay, with recent first phases selling 50% and 70%, respectively, on their opening weekends. Kirin's estimated average selling prices for these two projects range from USD$70 to USD$86 per SF, compared to prices in Beijing and Shanghai that have reached as high as USD$350 to USD$500 per SF. The Company's home market of Xingtai demonstrates the real estate development potential of China's Third Tier cities: continued urban migration, a balanced and growing economy, the need for trade up housing from an emerging middle class eager and willing to improve itself economically, and much greater relative affordability than the PRC's First Tier and megacities. Xingtai's historical economy of agriculture and iron and steel has given way to services and energy companies, and was named a National Green Model City since 2006. With a 4% unemployment rate and multinational companies like Siemens, Cabot and SMI investing in projects in the city, growth prospects are excellent for Xingtai. Its comprehensive transportation system revolves around the north-south Beijing-Guangzhou Railway and the east-west Xingtai-Jinan Highway. Kirin's Competitive Strengths In Real Estate Development Kirin has a proven track record of successful large-scale mixed use property development since 2000. Kirin has sold several major completed projects which have a GFA of over 3.5 million SF. Kirin's ability to cater to its customers' preferences has been a major factor in the growth of its business. By leveraging the Company's experience and track record, management believes it can penetrate into the real estate markets in other adjacent Third Tier cities in China's Greater Bohai Sea Area. Kirin has a widely recognized brand name in an attractive provincial market. The Company has received many awards that acknowledge the quality of Kirin real estate developments, including the "Construction Energy Preservation Award" from the Hebei Bureau of Construction. Management believes that the quality of its real estate developments and the recognition of the Kirin brand name by its customers are major factors in the Company's success. Kirin has an experienced management team with extensive operating experience and industry knowledge. Kirin's Chairman, Mr. Jianfeng Guo, started his property investing career at age 19, has many years of experience in working in the real estate development business in China, and excellent government contacts. Kirin's CEO Longlin Hu took his last publicly-traded Chinese real estate company from $100 million market cap to over $2 billion. Kirin Chief Operating Officer Junfei Hou is experienced in real estate project cost control and project supervision. Kirin has substantial premium land reserves at premier locations for use as new development projects, giving Kirin an advantage over its competitors who must acquire land before commencing their next projects. Kirin has a strong financial profile and excellent credit record, including credit facilities with top Chinese banks, who have given the Company a high rating. This allows Kirin to prudently leverage its business and take advantage of development opportunities. Kirin has a compelling growth strategy to achieve higher returns on projects, continue development of large middle-income residential projects, and expand operations to other Third Tier cities in China.
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