It is one of the leading developers, owners and operators of casino gaming and resort hotels in Greater China. Its shares are listed on the main board of the Hong Kong Stock Exchange Limited (stock code: 2282), and it is also a holding company of MGM Golden Palace Co., Ltd. MGM Gold holds the right to operate one of the six casinos in Macau, China, and owns and operates an award-winning top integrated casino resort located on the Macau Peninsula in China. We benefit from the complementary professional experience and advantages of controlling shareholder MGM Resorts International (NYSE: MGM) (www.mgmresorts.com) and major shareholder Ms. Ho Chiu-king. MGM Resorts International is one of the world's leading gaming and hospitality companies. It operates top integrated resort projects in the US, including Aria at CityCenter, Bellagio, MGM Grand, Mandalay Bay, and The Mirage, as well as multiple casino and resort properties. MGM Resorts International has authorized us to use its international trademark in Greater China and will provide development services and international marketing resources for our new property projects. Ms. Ho Chiu-king is a well-known business leader. She has extensive experience and is familiar with the operations of entertainment, leisure and government departments in Macau, China and the entire Greater China region. She provided us with an understanding method and perspective unique to Asia. Her extensive network and valuable experience in brand, leisure and retail concepts helped us establish development concepts. With the advantages of our major shareholders, and through the use of the top international “MGM” brand and an extensive global market network, MGM China Holdings Limited has a unique market position compared to other integrated Asian resort operators.