Sunrise Real Estate Development Group, Inc. Reports Significant Increase in Net Income

Sunrise Real Estate Development Group, Inc. Reports Significant Increase in Net Income

April 04, 2006

    SHANGHAI, China, April 4 /Xinhua-PRNewswire/ -- Sunrise
Real Estate Development Group, Inc. (OTC Bulletin Board:
SRRE) reported net income of $2.1 million in 2005, up
significantly from $63,944 in 2004.  The Company's earnings
per share for 2005 were $0.10 per share.

    Net revenue increased 41% to $10.9 Million in 2005 from
$7.7 Million in 2004.  The Company attributes most of the
increase in revenue to its co-investment strategy. 
Co-investing in real estate projects with developers gives
Sunrise exclusive marketing rights and share of sales
proceeds above a fixed agreed price.

    Sunrise Real Estate Development Group, Inc. is a
publicly traded real estate marketing and investment
company that operates exclusively in China.  

    Forward Looking Statements

    The common stock of Sunrise Real Estate Development
Group, Inc. is listed on the OTC Bulletin Board under the
trading symbol "SRRE".  This press release
contains forward-looking information within the meaning of
Section 29A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934.  Forwarding-looking
statements include statements concerning plans, objectives,
goals, strategies, future events or performances and
underlying assumption and other statements, which are other
than statements of historical facts.  Certain statements
contained herein are forward-looking statements and,
accordingly, involve risks and uncertainties, which could
cause actual results, or outcomes to differ materially from
those expressed in the forward-looking statements.  The
Company's expectations, beliefs and projections are
expressed in good faith and are believed by the Company to
have a reasonable basis, including without limitations,
management's examination of historical operating trends,
data contained in the Company's records and other data
available from third parties, but there can be no assurance
that management's expectations, beliefs or projections will
result, or be achieved, or accomplished. 

    For more information, please contact:

     Vivian Zhang,
     Sunrise Real Estate Development Group, Inc.
     Tel:   [phone] x840
     Email: [e-mail]
     Web:   http://www.sunrise.sh

SOURCE  Sunrise Real Estate Development Group, Inc.