In September p>1995, the "China Real Estate Index System" sponsored by China Real Estate Association, the State Council Development Research Center and China Real Estate Development Group passed the highest level appraisal sponsored by the State Council Development Research Center. In February, 1998, Mo Tianquan presided over the research and completed the theory and operation design of China's first scientific tool to reflect the domestic real estate micro-market-"Urban Typical Housing Index System". In June 1999, SouFun Holdings was formally established. The first expansion of SouFun development road In the second half of 21, companies in Beijing, Shanghai, Shenzhen, Chongqing, Hong Kong and Tianjin were established for the second time. In 24, companies in Wuhan, Nanjing, Chengdu and Jinan were established for the third time. In March 25, companies in Shenyang, Qingdao, Suzhou, Wuxi, Changzhou, Nanchang, Changsha, Fuzhou, Huizhou, Dongguan, Xi 'an, Kunming and Nanning were established for the first time. Hefei, Xiamen, Guiyang, Shijiazhuang, Hainan, Ningbo, Wenzhou, Taiyuan, Changchun, Harbin, Dalian, Lanzhou, Zhongshan, Foshan and Kunshan were established for the fifth time. In October 26, Yantai, Tangshan, Xuzhou, Shaoxing, Nantong, Lianyungang, Zhanjiang, Yangzhou, Weifang and Hohhot were established for the sixth time. In September 27, Taizhou and Mianyang were established. The seventh expansion in December 28, SouFun expanded to 16 cities, and now it covers 314 cities. The road to SouFun capital is a million-level: in 1999, it was supported by investment from International Data Group (idg). In March 2, goldman sachs invested $5 million. In July 25, French media giant trader classified media invested 2 million yuan ($22.5 million) and became the owner of 15% equity of SouFun. Billions: September 26: Telstra, the world's top 5 Australian telecommunications company, invested 254 million US dollars (RMB 2 billion) to search houses. This investment is one of the largest private investment in China's Internet history.