RUFCrazy

Interactive Q&A: Jing Lu, Investor Relations Director of China Housing and Land Development, Inc. (CHLN.OB)

Hello Jing,

Thank you very much for your time - this is an excellent forum.

While I am quite optimistic about the company's prospects after reading your press releases and SEC filings, I wonder how it is even remotely possible that you could hit the make-good projections.

By my calculations, for example for 2007, you would need to generate approximatley $85 million in revenue at your 32% gross margins to produce the $24 million of pretax earnings or $16 million after tax to hit the make good requirement. This is roughy a quintupling of last years results.

Can you discuss what plans the company has with respect to hitting these targets? Or should shareholders assume the shares will be issued ?

Good luck and thanks for your time.

RUF