On October 11th, 2016, the 2016 China Top Ten Golf Course Award Ceremony sponsored by Golf Magazine was held during the Lushan Mountain Golf General Manager Association. The Beijing Nicklaus Club, designed by golf superstar Jack Nicklaus and contracted by Pan-China, has won the title of "Top Ten Golf Clubs in China". Beijing Nicklaus Club won the award again this year after being named "China's Top Ten New Golf Courses" in 2014.

Beijing Nicklaus Golf Club is a pure membership golf club where Nicklaus team participated in the whole process of project design, construction and club management. Mr. Nicklaus went to the site six times for guidance. After our company's professional and rigorous construction, the golf course reflects a very high quality and is a benchmark golf course in China's golf design and construction industry. In an interview with Golf Master (Issue 8th, 2015), Mr. Nicklaus commented on the construction quality of the course: The maintenance of the course is excellent. Only when the construction is in place can good site conditions be guaranteed. Beijing Nicklaus Club has obviously done this. If the construction fails, you can't keep the stadium in excellent condition all the time.

Mr. Nicklaus and Mr. Wu Zhong, the general manager of Pan-China Golf Company, were at the construction site.

Mr. Nicklaus and our project team were at the construction site.

Mr. Nicklaus and our project team were at the construction site.

Attachment: Winners of Top Ten Golf Clubs

Reignwood Golf Club

Beijing Nicklaus Club

Changzhou Jinshawan Country Club

Chengdu Lushan International Country Club

Kunming Dianchi Lake Golf Club

Kunming Sunshine Golf Club

Nanjing Zhongshan International Golf Club

Yalong Bay Golf Club

Shenzhen Mission Hills Golf Club

Agile Changjiang Golf Club

Golf Division

October 13th, 2016