Shanghai Sansheng Hongye Investment (Group) Co., Ltd.

Founded in 1993, Shanghai Sansheng Hongye Investment Group has a business footprint spanning real estate, financial investment, maritime shipping and marine engineering, construction industry, smart city, big data, and other fields. It is a private enterprise ranked among the top 500 in China, characterized by "all-round layout and diversified operation." It owns over 30 real estate companies and specialized companies, with operations extending to Shanghai, Beijing, Zhejiang, Jiangsu, Guangdong, Liaoning, Shandong, Anhui, and other regions, with total assets exceeding RMB 35 billion. Real estate is one of the main businesses of Sansheng Hongye. Sansheng Hongye ranks among the top 50 real estate development enterprises in China and has repeatedly won titles such as "Leading Brand in Garden-Style Real Estate of Chinese Real Estate," "Top 10 in Operational Efficiency," and "Top 10 in Profitability," and is hailed as the leading "Garden-Style Real Estate" in China. The company's original Yijing Garden brand, which "integrates the essence of Chinese and Western architectural culture and pioneers modern home garden landscapes," enjoys high visibility and reputation nationwide, with a brand value of RMB 7.008 billion. Financial investment is another important business area for Sansheng Hongye. Since entering the financial sector in 2006, Sansheng Hongye has successively laid out various financial segments, including funds, financial leasing, and insurance. It has established financial leasing companies and fund companies, taken stakes in Huanong Insurance, China Urban Development Alliance, and several fund management companies, and is actively planning to enter Internet finance, banking, securities, and other financial fields. Sansheng Hongye is seizing opportunities to vigorously develop a smart city system centered on smart pipe networks and smart homes. Wholly controlled Beijing Zhongchang Tiansheng Technology Co., Ltd. is committed to providing comprehensive smart pipe network system solutions based on "Internet + Internet of Things + urban underground pipelines," pioneering the "1+2+N" operation and service model for China's urban underground pipe networks, and is currently the most competitive leading enterprise in the domestic smart pipe network industry. Additionally, the Group has innovatively proposed the 9+X and 5+X smart home packages with Sansheng characteristics for refined decoration delivery, making a full push into the smart home industry. The Group's listed companies, with strategic vision, have targeted the Internet and big data industries for restructuring. Zhongchang Shipping Co., Ltd. acquired 100% of Beijing Boya Lifang Technology Co., Ltd. for a total of RMB 870 million, successfully transitioning into the digital marketing sector. This successful acquisition not only marks a major breakthrough in the listed company's restructuring but also holds far-reaching significance for the Group's effective implementation of the Internet+ strategy and acceleration of corporate transformation and upgrading. To maintain the vitality of enterprise development, Sansheng Hongye will accelerate the transformation and upgrading of its main real estate business, applying Internet thinking and big data management to reform traditional real estate operations; accelerate development in the financial sector and intensify capital operations; increase investment in innovative high-quality projects in areas such as smart city, infrastructure, big health, and "Internet+"; integrate resources; and adapt to the new normal of economic development to achieve leapfrog progress across the Group.