Chongqing Hehong Property Service Co., Ltd.

Chongqing Hehong Property Service Co., Ltd. is a wholly-owned subsidiary established in Chongqing by Beijing Hehong Land Group and was registered in June 2007. It is an independently operated entity under the Group's Property Management Center. The company manages all projects developed by the Group in Chongqing, currently including seven projects: "Qishan·Pinge," "Hehong·Nanshandao," "Hehong·Siji," "Hehong·Yangguang," "Hehong Jiangshan Guoji," "Hehong Wenhua Fu," and "Beicheng Qiyuan," with a total managed area of nearly 2.3 million square meters. The company began project management in April 2009 and entered corporate operation in mid-2010. It has now developed into an enterprise that inherits Hehong culture, integrates Chongqing's regional characteristics, and possesses independent personality traits. The company currently has more than 150 employees, nearly 550 outsourced single-service employees, and a total of nearly 700 employees. The company has four functional departments: Administration and Human Resources, Financial Management, Quality Management, and Market Development. Branch companies (management offices) are set up at each property project, and under each branch company (management office) are the Customer Service Department, Engineering Department, Order Maintenance Department, and Environment Department. The company was promoted to Grade II qualification in 2011. It is a governing unit of the Chongqing and Jiangbei District Property Management Associations, one of the top ten property companies in Jiangbei District, Chongqing, and among the top fifty in the property industry.