Gold Horse International, Inc.

1
Gold Horse International, Inc.

• Investor Presentation
• July 2007

2
Safe Harbor Statement

• This presentation contains "forward-looking
  statements" within the meaning of the
  safe-harbor provisions of the Private
  Securities Litigation Reform Act of 1995. Such
  statements involve known and unknown risks,
  uncertainties and other factors that could cause
  the actual results of the Company to differ
  materially from the results expressed or implied
  by such statements, including changes from
  anticipated levels of sales, future national or
  regional economic and competitive conditions,
  changes in relationships with customers, access
  to capital, difficulties in developing and
  marketing new products, marketing existing
  products, customer acceptance of existing and new
  products, and other factors. Accordingly,
  although the Company believes that the
  expectations reflected in such forward-looking
  statements are reasonable, there can be no
  assurance that such expectations will prove to be
  correct. The Company has no obligation to update
  the forward-looking information contained in this
  presentation.

3
Table of Contents

• Company Overview
• Business Segment Review
• Construction
• Real Estate Development
• Hotel
• Industry Overview
• Company Projects
• Completed
• In Process / Planned
• Financial Review

4
Company Overview

• Leading construction and real estate development
  company based in Inner Mongolia, Western China
  
• Three business segments
• Construction/construction management
• Real estate development
• Hotel owner/operator
• Established reputation and successful track
  record of real estate development, construction,
  property management and property development and
  sales
• Expertise includes general contracting,
  preconstruction planning and comprehensive
  project management services
  

5
Company Overview

• Focus to date Broad range of construction
  projects, program and project management and real
  estate development
  
• Preeminent position enjoying brand name
  recognition in Province with favorable growth and
  demographic trends
  
• 938 employees, including construction, design,
  development, sales and marketing teams
  
• Robust pipeline of residential, government and
  commercial development projects
  

6
Company History

• Construction business established in 1980 by Mr.
  Yang Liankuan
  
• Enterprise transferred to a joint stock
  corporation in 1994, with Mr. Yang Liankuan as
  board chairman
  
• In 1999, real estate development business
  commenced
  
• In 2006, Mr. Yang established Jin Ma Group Co.
  Ltd., a Nevada corporation
  
• Reverse merger completed June 2007
• Under the leadership of Mr. Yang Liankuan since
  formation
  

7
Management

• Mr. Yang Lian Kuan, Chairman CEO
• Founder of the Gold Horse International, Inc.,
  Chairman of Jin Ma
  
• Senior engineer, graduated from China Agriculture
  University
  
• Awarded Excellent Enterpriser by National
  Ministry of Construction, National Ministry of
  Agriculture and Inner Mongolia Autonomous Region
  
• Mr. Wang Tuan Yuan, Director of Finance
• Joined Jin Ma in 1993
• Educated at the Inner Mongolia Institute of
  Finance and Economy
  
• Expertise in budgeting, financial accounting,
  financial reporting, system management, tax
  return and internal control

8
Management

• Ms. Yang Yang, Vice President
• General manager of Jin Ma Housing and Real Estate
  Development Company
  
• Joined Jin Ma Group after finishing education in
  Australia
  
• Mr. Chen Gui Gui, Vice President
• Joined Jin Ma Group in 1985 has supervised many
  important projects of the Group
  
• Engineer. General manager of construction
  corporation. Responsible for new business
  development and day-to-day management of the
  construction corporation
• Mr. Wang Wen Biao, Vice President
• Senior engineer and economic administrator
• In excess of 20 years of experience in
  engineering and construction

9
Business Segment Review
10
Summary Financial InformationSegment Performance
11
Construction

• Leading Western China construction company with
  established track record spanning a diverse array
  of projects
  
• Multi-functional construction, engineering
  company with Residential, Hospitality, Industrial
  and Civil construction project expertise
  
• Multi-family residential buildings
• Retail projects
• Hotel properties
• Correctional facilities
• Commercial projects
• Infrastructure projects
• Level II national construction company

ISO 9001 standard 2000, ISO14001 1996 standard
and GB/T28001 2001 standards
12
Construction

• Extensive experience in program, project and
  construction management services for residential
  facilities and hotels 
  
• Preeminent Western China market position enjoying
  brand name recognition in Province with favorable
  growth and demographic trends
  
• 938 employees, including construction, design
  development, sales and marketing teams
  
• Robust pipeline of residential, government and
  commercial development projects
  
• Development activities financed through internal
  cash flow and bank/commercial debt

13
Real Estate Development

• Western China real estate development and
  property management company
  
• Commenced operations in 1999
• Three major projects completed in 2005
• Multiple projects in development and/or planning
  for completion in 2007 and 2008
  
• Level IV real estate development company

14
Real Estate Development

• Uniquely able to leverage established local
  relationships in land and property acquisitions
  
• Knowledge of local preferences and orientations
  facilitates popular housing designs and consumer
  demand
  
• Established relationships with
• Architects
• Construction firms
• Lending institutions
• Local government
• 22 employees

15
Hotel

• 22 room hotel with extensive restaurant and
  catering facilities
  
• 15 kilometers from airport, 3 kilometers from
  train station
  
• Built and commenced operations in 1999
• Major renovations completed in 2006
• All guestrooms
• Dining facilities
• Common areas
• Landscaping
• 93 occupancy rate in 2006, 95 projected for
  2007
  
• 180 staff

16
Industry Overview
17
Chinese Real Estate IndustryOverview

• Private sector real estate development spurred by
  fundamental demographic and regulatory trends
  
• Primary demographic factors
• Population growth
• Rural to urban migration
• Burgeoning middle and upper classes
• Key regulatory events
• 1992 Major Chinese cities begin selling
  state-owned housing, causing a structural shift
  in demand from state-owned to private homes
  
• 1998 Government abolishes policy of state
  allocation of housing
  
• 1999 Upper limit on mortgage terms extended to
  30 years
  
• Limit on mortgage financing increased from 70
  to 80 of property value

World Bank estimates that between now and 2015
roughly half of the world's new building
construction will take place in China
18
The Mongolian Candidate
Hohhot is an important passageway connecting
China to Mongolia, Russia and East European
countries
19
Inner MongoliaOverview

• Inner Mongolia is known as the bridge between
  China and Russia and has become a tourist and
  business destination.
  
• Third largest Chinese province (over 1.1 million
  square kilometers or 424,736 square miles).
  
• Approximately 24 million inhabitants.
• Hohhot the Green City, is the capital city of
  Inner Mongolia. It is the political, economic
  and cultural center of the region.
  
• Inner Mongolia is the province with the most, 18,
  inland border ports.
  
• The Manzhouli Railway Port and the Highway Port,
  which run across Russia to Eastern Europe and
  Western Europe, are named as the bridgehead of
  the No.1 the Euro-Asia Land Bridge.

Source www.nmg.gov.cn
20
Inner MongoliaOverview

• Inner Mongolias considerable natural resource
  base, provides the basis for future economic
  development.
  
• The Provinces proven coal reserves are estimated
  at 223 billion tons and prospective coal reserves
  at 1,200 billion tons.
  
• Annual coal production can potentially reach 500
  million tons by 2010, about 20 of PRCs total
  production.
  
• Inner Mongolia has proven oil reserves of 700
  million tons with an estimated reserve of 4
  billion tons.
  

Source www.ilib.cn
Population Growth (In millions)
Hohhots growth rate ranked the second of the 27
provincial capital cities in China
21
Inner MongoliaOverview
GDP 2000-2006
Source www.nmg.gov.cn
Financial Income 2000-2006
100 Million Yuan
22
Inner Mongolia Housing Market

• Property prices in Hohhot have risen at least 10
  every year since 2000.
  
• Hohhot has an area of 17,000 square kilometers,
  of which 140 square kilometers has been developed
  to date.
  
• Expected annual growth rate of 8.9 for the next
  five years for commercial, industrial,
  institutional and office construction.
  
• Increased migration of skilled and unskilled
  workers to urban centers for employment
  opportunities will fuel enhanced demand for
  residential housing.
• Inner Mongolia is in need of substantial
  residential housing and associated/supporting
  retail development.
  

23
Gold Horse Competitive Position

• Gold Horse is well-positioned to
  disproportionately benefit from favorable
  provincial demographic trends
  
• Leading developer of a broad range of
  construction projects, government facilities and
  private housing in Inner Mongolia
  
• Established track record of successful,
  profitable projects
  
• Brand name recognition with reputation for
  quality development
  
• Strong, imbedded regional relationships

24
Company Projects
25
Completed Projects
Hohhot Local Revenue, Residence Building
26
Completed Projects
Hohhot City Intermediate People's Court, Legal
Services Center

27
Representative Completed Projects
28
Representative Completed Projects
29
Completed Projects
The Management Committee of Jin Qiao, Residence
Building
30
Completed Projects
Traffic Police Residence Building
Professional Institute Teaching Building
31
In-Process Projects
32
Nan Yuan Estates
.
Exclusive of rental property income
33
Yu Quan Housing Estates
Exclusive of rental property income
34
Tabuban of Youyouban
35
Gold Horse Garden I and II
Exclusive of rental property income
36
Financial Review
37
Financial ForecastProfit and Loss
38
Balance Sheet as of 3/31/07
39
Conclusion

• Leading Mongolia based construction company with
  complementary real estate development business
  
• Established track record of successful project
  development and management
  
• Experienced management
• Longstanding, imbedded regional relationships
• Favorable provincial demographic trends
• Robust pipeline of sizable, profitable projects
• Compelling inherent valuation
• www.goldhorseinternational.com