The affiliated firm of CHUNG RUI intenationalhas "Assets appraisal certificate" issued by the Ministry of Finance, "License for appraising securities assets" issued by the Stated-owned Assets Supervision and Administration Commission of the State Council and the China Securities Regulatory Commission, "Qualification certificate for appraising exploiting right and exploring right" issued by the Ministry of Land and Resources of the People's Republic of China. This affiliated firm also is "Class A agency for appraising real estate price" awarded by the Ministry of Housing Urban-Rural Development of the People's Republic of China and "Class A agency for appraising land price" awarded by the Ministry of Land and Resources of the People's Republic of China.

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