Wuhan Hongxing Real Estate Development Co., Ltd.

Wuhan Hongxing Real Estate Development Co., Ltd. (hereinafter referred to as Hongxing Real Estate) was established on November 20, 2010, with a registered capital of 18 million RMB. The company currently has development projects in the central locations of central cities such as Hefei, Chengdu, Changsha, Xi'an, Shenyang, Suzhou, Jinan, and Guangzhou. Hongxing Real Estate is one of the new and forward-looking real estate developers, using innovative, unique, and flexible methods to carry out overall project planning, striving to align project development with the overall urban planning formulated by local governments, and integrating the historical and cultural characteristics of local cities into project design and business development expansion. Hongxing Real Estate is mainly engaged in property development, sales, leasing, property management, and the operation of innovative and high-quality office buildings, residential, retail, entertainment, and cultural projects in the mainland. Its development projects are mainly divided into three categories: large-scale urban core redevelopment projects with multiple uses developed in multiple phases, generally including residential, office, retail, entertainment, and cultural properties; knowledge-based community comprehensive development projects themed on IT and technology industries with multiple uses, generally including industrial parks, commercial, retail, residential, education, greening facilities, and other public entertainment facilities; and tourism comprehensive development projects integrating the tourism industry and real estate supporting facilities. Facing the fierce competition in the real estate market, Hongxing will seek development in competition, seek sublimation in integration, and seek transcendence in innovation. As always, it adheres to the business purpose of 'honoring developers on every piece of land' and strives to create a win-win cooperative pattern for society.