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Investor Presentation February 2010

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    Investor PresentationFebruary 2010

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    ForwardForward--LookingLooking StatementsStatementsIn addition to historical information, the statements set forth throughout thispresentation include forward-looking statements that may involve risk anduncertainties that could cause actual results to differ materially from those in the

    forward-looking statements. Such risks and uncertainties include, but are notlimited to, uncertainty of contract negotiations and payments under existingcontracts, the Companys dependence on government contracts, changes in thelaws of the PRC that affect the Companys operations, fluctuation andunpredictability in foreign exchange prices, fluctuation and unpredictability of costsrelated to the Companys products and services, reduction or reversal of theCompanys recorded revenue or profits due to percentage of completion

    method of accounting and expenses and costs associated with the issuance ofsecurities. The forward-looking statements are also identified through use of thewords believe, enable, may, will, could, intends, estimate,anticipate, plan, predict, probable, potential, possible, should,continue, and other words of similar meaning. Actual results could differmaterially from the expectations contained in forward-looking statements as aresult of several factors, including regulatory approval requirements and

    competitive conditions. These and other factors that may result in differences arediscussed in greater detail in the Companys reports and other public filings.

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    CompanyCompany SnapshotSnapshot Boyuan is the first pure-play construction

    company listed in North America

    Focused on fast-growing Yangtze RiverDelta, Hainan Island, and the Shandongprovince

    Success driven by history of quality projectsdelivered on time and budget

    Introduced unique make good provision toinvestment landscape

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    $0

    $4,000,000

    $8,000,000

    $12,000,000

    $16,000,000

    FY 2007 FY 2008 FY 2009 FY 2010E

    Net Income

    Financial OverviewFinancial Overview

    Note: Adjusted net income is the net income before deduction of the made good charge.

    Q12010

    $35,003

    $3,037

    $0.10

    $0.11

    N/A

    N/A

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    Peer Group ComparisonPeer Group ComparisonChinaChina

    *At February 1, 2010

    ** 1 C$=6.444

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    Peer Group ComparisonPeer Group ComparisonNorth AmericaNorth America

    *At February 1, 2010

    ** 1 C$=0.9469 US$6

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    Construction Industry OverviewConstruction Industry Overview

    62,074 construction companies in 2007.

    Industry is highly fragmented and competitive.

    Distribution of construction companies verymuch like a pyramid.

    Technical capabilities still short of westernstandards.

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    Construction Industry OverviewConstruction Industry Overview

    One of the key economic pillars in China.

    Experienced significant growth over the past decade. CARG of 22%

    from the year 2000 to 2007.

    8

    225.0271.4

    338.1

    425.1506.1

    608.7

    747.7

    0

    100

    200

    300

    400

    500

    600700

    800

    2001 2002 2003 2004 2005 2006 2007

    US$ (in billions)

    20.6%

    24.6% 25.7%

    19.1%20.3%

    22.8%

    Total Output Value of Construction

    Growth

    rate --

    Source: China Statistical Yearbook 2008, National Bureau of Statistics of China

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    Growth of construction Industry inGrowth of construction Industry in

    ChinaChina

    China will overtake the United States as theworld's largest construction market by 2018*

    By 2018, China's already massive constructionmarket will be worth almost US$2.4 trillion

    represent 19.1% of global construction output.

    (2008: global market is 7.5 trillion US$)**

    * Source: Global Construction Perspectives & Oxford Economics

    **Source: IHS Global Insight Construction Services

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    Growth factors of ConstructionGrowth factors of Construction

    IndustryIndustry

    China continues to be in a rapid phase of itseconomic development cycle.

    Rapid rural migrations to urban centers.

    Accelerated growth of middle class.

    Stimulus Plan- US$586 billion.

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    Boyuan'sBoyuan's Core MarketCore Market

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    Boyuan'sBoyuan's Core MarketCore Market

    Consists of triangle ofShanghai, SouthernJiangsu Province andNorthern ZhejiangProvince

    21% of the national economy

    Home to over 90 million people in 2008

    The Yangtze River Delta

    GDP US$2 trillion

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    Boyuan'sBoyuan's Secondary MarketSecondary MarketSanya, Hainan Island!!New Policy-Government aims to build Hainan Island

    into a International Tourist Destination "by 2020

    Major tourist destination

    20.6 million tourists andUS$2.64 billion spent in 2008

    Chinas largest special economic zone

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    BoyuanBoyuanss Latest MarketLatest MarketShandong

    One of the richest provinces in China .GDP of US$446 billion in 2008 (2nd in China)

    Biggest producer of cotton and wheat

    Largest deposits in petroleum and preciousmetals

    Home of the two most recognized brandnames in China: Tsingtao beer and Haier

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    Boyuan'sBoyuan's Operations & RevenueOperations & Revenue

    StreamsStreams

    55% Commercial

    Projects13% Residential

    Projects

    27% IndustrialProjects

    5% Government Projects

    Based on 2010 Revenue

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    FY2010 Projects BacklogFY2010 Projects Backlog

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    Current Projects PipelineCurrent Projects Pipeline

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    BoyuanBoyuan''ss Growth StrategiesGrowth Strategies

    1. Solidify our existing markets

    2. Focus on projects with higher technical elementsto leverage on our technical capabilities

    3. Geographic expansion into other provinces in

    China

    4. Increase our scope of construction activities with

    a special class qualification

    5. Vertical integration in the long term

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    Mr. Cai Liang Shou

    - Founder and Chairman

    Zhejiang University of Technology graduate

    Senior Engineer with 22 years of real estate project managementexperience

    Owns over 55% of Boyuan's share capital

    Mr. Paul Law

    - Chief Financial Officer

    Over 20 years experience in the accounting and finance industry

    Held senior positions at Citibank, National Australia Bank, andPrudential Bache Securities (HK)

    Graduate of McGill University and MBA (Finance) from UBC

    Mr. Qian Feng- General Manager

    Holds Senior Engineer designation.

    More than 25 years of engineering, project execution

    and management

    Ms. Ren Shu

    - Corporate Secretary,Director

    Received Masters degree in Law from Zhejiang University.

    Qualified as Lawyer since 2000

    Mr. Wang Hao

    - Vice President

    Graduated from Dongbei University of Finance and Economics

    Over 11 years of experience in financial practice and management

    Mr. Tang Wei

    - Vice President, Director

    Graduate of Beijing University of Aeronautics and Astronautics

    Qualified Engineer and Economist

    Management and DirectorsManagement and Directors

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    Management and DirectorsManagement and DirectorsMs. Mannie Liu

    - Independent Director

    Founder, chairman and chief economist of VCChina Ltd.

    Holds doctorate degree in Economics from Cornell University, and iscurrently professor at Renmin University in Beijing

    Financial Advisor to the Beijing Municipal Government, Director of theBoston China Finance Research Center in the U.S.

    Dr. Fang Lixin

    - Independent Director

    Professor of Law at the Zhejiang University.

    Board member of the Zhejiang Real Estate Association, LegislativeAdvisory of Hangzhou Peoples Congress and the HangzhouMunicipal Peoples Government.

    Holds a Doctoral degree from East Asia University of Politics andLaw.

    Mr. Francis Leong

    - Independent Director

    Principal of Sungai River Inc., an international financial consulting

    company

    Serves as a Director on the boards of ENMAX

    and Grand Power LogisticsHolds a BComm Degree and a Masters of Public Administration

    Mr. David J.Horsley

    - Independent Director

    Senior VP & CFO at Sino-Forest Corporation (TSX:TRE)

    Previously held position of Senior Vice President and CFO at CygnalTechnologies Corporation and Senior Vice President and CorporateSecretary at Canadian General Capital Limited

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    Capital StructureCapital Structure

    Boyuan has a face value of$7,930,500 in ConvertibleDebentures outstanding, convertibleinto 3,965,250Common Shares @ $2.00/Share

    Boyuans Warrants are exercisableat $2.00/Share for a period of fouryears

    *Boyuan Preferred Shares rank equally with the Common Shares and are convertible intoCommon Shares on a 1:1 basis, subject to TSX approval

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    Market FactsMarket FactsTicker Symbol: BOY-V

    Listing: TSX-Venture

    Recent Share Price*: $3.28

    Shares Outstanding ~ 25.74 M

    Market Capitalization $84.43M

    52-Week Price Range $1.25 - $3.50

    Fiscal Year-End June 30

    * At February 1, 2010 Market Close

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    ContactsContacts

    TSX-V:BOY | BOY.DB

    Company Contacts

    Paul Law Ms. Ren Shu

    Chief Financial Officer Corporate [email protected] [email protected]

    Tel: +852 9329 5088 Tel: +86573-85583126

    Investor Relations

    Joe Racanelli

    Senior Account Executive

    The Equicom Group Inc.

    [email protected] http://www.boyuangroup.com

    Tel: 416 815-0700 x 243

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    Residential ProjectsResidential Projects

    Three phases with 13, 16 and 12 buildings in each phase

    Total construction area of 750,000 sq feet

    Currently building the third

    Phase of 12 buildings

    September 2009 targeted

    completion

    Pinghu Xingzhou, Donghu Park

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    Industrial ProjectsIndustrial Projects

    Cargill is the largest private company in the U.S.

    Project included roadways, warehouses and offices

    Phase #1 has total area of55,000 sq feet

    Completed in August 2008

    Cargill Corporations High-fructose factoryfor Coca-Cola

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    Commercial/Mixed Use ProjectsCommercial/Mixed Use Projects

    High-end residential and office buildings in Nanjing,

    capital of Jiangsu province

    28-story residential building

    21-story office building

    Total construction area is

    670,000 sq feet

    December 2009 completion

    Jinhu International Plaza

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    Public Infrastructure ProjectsPublic Infrastructure ProjectsHangzhou Municipal School for the Chinese CommunistParty Committee

    7-storey building

    Total construction area of 464,570 sq feet

    Student apartment complex

    High profile building for the

    CCP Committee in Hangzhou,

    capital of Zhejiang Province

    Completed in August 2008

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    Hotel ProjectsHotel Projects

    Fuyue Grand Hotel

    A 5-star hotel in Jiaxing, Zhejiang

    20-storey with a gross construction

    area of 1 million square feet

    Due to complete in 2010

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    Hotel ProjectsHotel Projects

    Seacoast Hotel

    A 20-storey hotel in

    Sanya, Hainan Island

    Total construction area of

    740,000 sq feet

    Due to complete in 2010

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    Commercial ProjectsCommercial Projects Blue Star Commercial

    Building

    Located at the city ofWeifang, Shandong

    19-story with a gross

    construction area of300,000 square feet

    Due to complete by 2011

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