[China HGS receives local government’s subsidies over $ 1.7 million for its Liangzhou Road Shanty Area HANZHONG, CHINA – December 22, 2014 – China HGS Real Estate, Inc. (NASDAQ: HGSH) (“China HGS” or the “Company”), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, today announced that the Company received government’s subsidies in the amount of] []