 Good afternoon. Good morning. I wonder what is the role standing here, as the climber or developer, because the developers and managers are not so good, especially in Hong Kong, also in mainland China, not so good. So I appreciate the conference, the organizers of the courage, to think something about the case or business about my company. If you cannot catch the difficult... First, I introduce something about my company. I think the simple introduction may be that the simple comment may be more the biggest or mature, such as the biggest soft drink company, I think in the world, I think that everyone in the meeting know which company I introduce. And I said, if I say the big bank in that German, I think that everyone know which bank I mentioned. But for one key, our company's name is not easy to introduce. If ten years ago, I need the introduce to take maybe 20 minutes, but that's not enough time. So I try to introduce something about... They preserve cultural heritage community memories. They capture and refine tradition. They build home for low-income residents. Also we made our environment more sustainable. So this is the speech I told a story about that. I told you the story of one of our properties in Shanghai that happened just 20 years ago. That is the A, that is our property in here. That is old areas, but they are far away from the core city. That is 1991, 20 years ago. That is a piece of land that Shanghai government offer monkey land. That land is very special. Why special? Because on the airline, that average on the flight time that 10 or 15 minutes of flight close the flight. But I decided to take that challenge. And three years later, a big success with the opening. That for the center, that twice that glass door of the center that crashed twice. Of course, that period, if your success was not developed in Chinese land, that's rather easy. If you take some advantage. And that in 2002, that the subject very successful. And through a third party survived that digital that gave some digital very successful. Of course, 33% of the residents, they said that the airplane noise remained downgrade in their choice. Of course, that the airplane lying at the problem. However, that 84% said they would still prefer living at city guard. That the project name city guard in the long time. And only 2% said that they wanted to live in 2008. The community faced problems. So has developed very successful. But after 18 years, a big problem. That's a lack of public facilities. And a lack of a amenity. That's as I talk about our meeting. And shall we help out or not? Because they are ready to sell all together. But for one case a brand, only for brand, not for the community, they wanted to invest some money to reinvent. And they invented MIT. They invented to make a plan for the innovation project. That for 3 years. And in these years, they did something. The renovation of 14 public facilities in the city garden. Maybe that need cost. 25 million. Of course, not the US dollar. But it is far beyond what one could afford. We need to create an economical, sustainable solution. So, some problem. Of course, that chance. That simple say, that way to to a solution that project as the way to build underground that park lot. So that maybe rent or sell a lot and can to get money and to support the innovation. That is the monkey garden. But that is not only as a developer, you have an activity. But also that government attitude. And also that community attitude. What to do this. The result that that this point. Because at the government they think they unbelievable as a developer attitude. What do you want to do? What about your business that invention? What if you have no business that motive? What do you want to do? Also that there is a dance in the district. They don't believe the developer the activity. So, that is very difficult to promote. And that we certainly find that difficult to continue. But we to the government talk and talk with the community representative to talk. And then why we want to talk this because that that 10 years ago that developer that 30 project need innovation. And I think I believe in China that the cities that more and more that old that district residential district need innovation. That's a big problem in Milan China. So, when we look for the city's organization quickly developed but left many many problems and must to face. So, now back to the project by the member this year that the government started to look for regulation support for the renewal. That's the attitude different. And POC that the community that get rational and mature. So, that we continue to promote the project. I hope in November 2012 in the next meeting if I have opportunity to get the conference to get some new progress in the project to talk. That's how it is done. Thank you very much.