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China Oceanwide Holdings Group 2010 Annual Commending Conference and Spring Gathering Held in Beijing

On January 30, 2010, China Oceanwide Holdings Group (COHG) 2010 Annual Commending Conference and Spring Gathering was held grandly at Sofitel Wanda Beijing. A total of 310 middle-level or more employees including Staffs, good staffs and advanced group representatives participated in the conference. Zhiqiang Lu, chairman of COHG addressed New Year greetings to all staffs. Group leaders awarded honorary certificates and trophies for the award-winning collective and individuals.

Chairman Zhiqiang Lu said in his speech: "China Oceanwide has experienced the process of twenty-five year development. Through adjustment of systems in 2010, the Group's development goals become more definite; the ideas of development become more clear; the group real estate, finance, energy, culture media and the strategy of investing "4 +1 "industrial development has laid a good foundation. "

Chairman Zhiqiang Lu said "2011 is the first year ‘twelfth five’, also the first year of the implementation of the new five-year plan. Glorious missions call on us, but difficult tasks wait for us. I take this opportunity to hope sincerely that every employee belonging to the Group should closely focus on the Group "4 +1"industrial strategic development goals, vigorously promote the enterprise philosophy -"three unities" of Oceanwide, accurately understand the Group's major policies, rely on the wisdom and strength of each person, play a dynamic role, strengthen the implementation, improve comprehensively enterprise efficiency and effectiveness, optimize enterprise structure, and comprehensively build a competitive advantage so that each business unit, every post of duty, every employee is able to make a large contribution and jointly create a bright and better future of Oceanwide ."

During the Gathering, employees wrote and performed wonderful shows, and played the wishes video elaborated by companies outside Beijing. The gathering ended successfully in songs and laughers.

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