Yes. Jiangsu Haizhou Development Group Co., Ltd. is approved by the municipal government, was established in April 2003, the wholly state-owned company, the scope of business is "authorized by the municipal government to approve the scope of state-owned assets in the Haizhou District of the operation and management", to undertake the Lianyungang City, Haizhou District, the economic and social development of the key project investment and construction tasks.