Guangzhou Baiyun International Airport Company Limited is principally engaged in the provision of aviation services in Guangzhou Baiyun International Airport, China. During the year ended December 31, 2008, the Company handled approximately 280,400 flights, and achieved a throughput of approximately 33.44 million of passengers and 685,900 metric tons of cargoes and mails. As of December 31, 2008, the Company had one wholly owned subsidiary, seven partially owned subsidiaries and two major associates, which are engaged in the provision of air serives, advertisement and land transportation.