Richina Land brings together the long history, expertise and experience of Mainzeal, RPL's wholly-owned New Zealand-based property, construction and development subsidiary, and the vast development potential of the 40 plus parcels of prime land and over 100 buildings with total gross floor areas in excess of 1.5 million square feet located within Shanghai proper. Richina Land also owns a licensed real estate development company, and plans on converting most of its current industrial properties into commercial and residential use over the next decade in Shanghai, one of the world's largest, fastest developing and most exciting cities.