China Properties Group Limited is an investment holding company principally engaged in the property development and investment business in the People’s Republic of China (the PRC or China). The Company operates its business through two segments in Shanghai and Chongqing. The Property Development segment is engaged in the development and sale of properties. The Property Investment segment is engaged in the leasing of investment properties. The company’s subsidiaries include Shanghai Minhang Concord Property Development Co., Ltd., Shanghai Yingduoli Property Management Co., Ltd. and Chongqing Ace Blossom Real Estate Co., Ltd..