Cinda Real Estate has 2 1 subsidiaries. They are: Changhuai Xinda Real Estate Co., Ltd., Zhejiang Xinda Real Estate Co., Ltd., Shanghai Xinda Yintai Real Estate Co., Ltd., Anhui Xinda Real Estate Development Co., Ltd., Shenyang Xinda Liren Investment Management Co., Ltd., Ningbo Rong Hui Qin Hui Investment Partnership (Limited Partnership), Wuhu Qin Xin Equity Investment Fund Partnership (Limited Partnership), Hainan Xinda Real Estate Co., Ltd., Xinjiang Xinda Yintong Real Estate Co., Ltd., Guangdong Xinda Real Estate Co., Ltd. Qingdao Xinda Rongchang Real Estate Group Co., Ltd., Qingdao Xinda Real Estate Co., Ltd., Shenzhen Xinda Real Estate Co., Ltd., Beijing Qixinxin Investment Management Co., Ltd., Xinda Chongqing Real Estate Development Co., Ltd., Wuhu Oriental Blue Ocean Real Estate Co., Ltd., Hangzhou Xinda Real Estate Co., Ltd. and Shaoxing Xinda Construction Development Co., Ltd.