Sunrise Real Estate Group, Inc. Signs One New Contract

Sunrise Real Estate Group, Inc. Signs One New Contract

November 23, 2007

    SHANGHAI, China, Nov. 23 /Xinhua-PRNewswire/ -- Sunrise
Real Estate Group, Inc. (OTC Bulletin Board: SRRE; website:
http://www.sunrise.sh ) announced that it has entered into
one new agency sales contract on November 6, 2007, for the
sale of the Fuyang Yijing International Garden residential
complex in Fuyang City, Anhui Province, China.

    Fuyang Yijing International Garden is a residential
condominium and commercial complex with total floor area of
400,000 square meters.  Its estimated total market value is
approximately RMB1.2 billion or $162.2 Million.  Sunrise
will have exclusive marketing rights of this project. 
Sunrise earns sales commissions based on percent of sales
price on its agency sales agreements.   

    Mr. Kevin Chi-Jung Lin, Chairman & CEO of Sunrise
stated: "We are glad to see that our sales agency
operation has singed this agreement.  We believe that our
ongoing sales efforts will continue to add value to our
shareholders."

    Forward Looking Statements

    The common stock of Sunrise Real Estate Group, Inc. is
quoted and traded 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:

     Lyman Huang,
     Sunrise Real Estate Group, Inc.
     Tel:   [phone] x105
     Email: [e-mail]
     Web:   http://www.sunrise.sh