Investor Overview

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A growing new market

Skiing in China has grown from 200,000 skier visits in 2000 to 5 million in 2006, according to The China Ski Association and is the fastest growing ski market in the world. Concurrently, the real estate market in China continues to boom, evidenced by a growing demand for both beach and golf resort real estate in China’s south.

In 2006, the country was home to 310,000 millionaires ($US), with that number estimated to reach 609,000 by 2011, according to Deloitte & Touche. This rapidly expanding wealth is materially distinguished by the Chinese consumer through the rampant demand and sales in real estate, automobiles, electronics, fine dining and luxury goods. In 2005, Goldman Sachs reported that the demand for luxury goods in China will grow by 25% in each of the next four years, surpassing Japan, the world leader, by 2015.

To seize this opportunity MCR is developing the top  Mountain resorts in the country in terms of: Mountain terrain; flat land at their base for the development of distinct, animated resort centers; easy road, rail and air access from major urban regional and destination markets; and favorable local and provincial government support.  There are limited locations within China where these factors coincide.

MCR is now reinvigorating these properties, leveraging the international resort experience of its management team, with new international standard services and amenities, and providing premier resort real estate purchase opportunities.