CTRP » Topics » A. Major Shareholders

This excerpt taken from the CTRP 20-F filed Apr 29, 2008.

A. Major Shareholders

Please refer to Item 6, “—Share Ownership.”

In connection with a registered offering of 13,290,000 ADSs of our company, which was consummated on August 15, 2007, pursuant to an underwriting agreement, dated August 9, 2007, Rakuten, Inc., or Rakuten, sold to the underwriters named therein an aggregate of 13,290,000 ADSs, representing 6,645,000 shares, at a price of $38 per ADS. As a result of such sale, Rakuten no longer beneficially owns ordinary shares or ADSs of our company. Please see Schedule 13D/A filed by Rakuten on August 17, 2007 for information relating to Rakuten.

"A. Major Shareholders" elsewhere:

Homex Development Corp. (HXM)
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