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Our company began focusing on providing primary real estate services in the second half of 2004. We believe we are a leading primary real estate service provider in China based on transaction value of properties sold, brand recognition and geographic presence. According to the China Index Academy, an independent research firm, we were the largest primary real estate service provider in Beijing and Northern China, based on transaction value of properties sold in 2009. We currently have operations in 28 cities throughout China.
We primarily provide real estate sales agency services to property developers relating to new residential properties. Net revenue derived from sales agency services represented 97.1% of our total net revenue in 2009. We also provide real estate consultancy services, which include project consultancy services offered to developer clients and primary land development consultancy and agency services provided to primary land developers.
Capitalizing on experience gained in Beijing, we have quickly replicated our success in a number of other markets. We focus on servicing key clients and tailor our services to meet their demands. As a result, we have been successful in generating repeat business and increasing business volume from our major key clients. Of China's top 30 developers (including those that do not use sales agency services), according to China Index Academy, 14 are or had previously been our clients. Our clients include some of the most recognized national developers in China, including China Vanke, Longfor Properties, Sino-Ocean Land Holdings, Guangzhou R&F Properties and Gemdale Group.
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