It is one of the leading developers, owners and operators of casinos, gaming and resorts in Greater China. Its shares are listed on the main board of the Stock Exchange of Hong Kong Limited (stock code: 2282) and is also a holding company of MGM Golden Palace Chaohao Co., Ltd. MGM Grand is one of the six casino operators in Macau, China, and owns and operates an award-winning premier integrated casino resort located on the Macau Peninsula in China. We have benefited from the complementary expertise and strengths of MGM Resorts International (NYSE: MGM) (www.mgmresorts.com), the controlling shareholder, and Ms. Ho Chiu-king, the principal shareholder. MGM Resorts International is one of the world's leading gaming and hospitality companies. Top integrated resort projects operating in the US include Aria at CityCenter, Bellagio, MGM Grand, Mandalay Bay, and The Mirage, as well as several casino and resort properties. MGM Resorts International has authorized us to use its international trademarks 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 operation of entertainment, leisure and government departments in Macau, China and the entire Greater China region. She provides us with an understanding and perspective unique to Asia. Her extensive network and valuable experience in brand, leisure and retail concepts helped us develop 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 resort operators in Asia.