China Redstone is well positioned to capitalize on growth in the death care industry," added Mr. Ran. "According to the National Population and Family Planning Commission of the PRC, the current annual death rate of Chongqing is 0.65% and it is predicted to go up to approximately 0.7% in the next three years. In the meantime, the population for the city keeps growing and the pace of urbanization has accelerated. Our cemetery is located in a highly sought after location outside of Chongqing with well-regarded "Feng Shui" overlooking a lake. With over 80% of our land still available for future development, and low infrastructure and operating costs, we expect to generate meaningful growth for years.