Hurray! Fly Songs

In April 2007, Freeland Music acquired a 51% equity interest in Beijing Hurray! Fly Songs International Culture Co., Ltd. (“Fly Songs”), a well known performance and concert promotion company in Beijing. Previously, Fly Songs is known as Beijing Fly Songs Mainland Art and Culture Centre, an incorporated company and an affiliate of the Chinese Culture Promotion Society. Established in February 1992, Fly Songs has established key relationships with leading domestic and international music companies and music industry participants, which has enabled it to organize various concerts and performances for leading artists. In November 2007, for example, Fly Songs organized the financially successful “The Year of Jacky Cheung World Tour 2007” in Mianyang, a city located in Sichuan Province, China.