Hubei Sanyuan Zhengxing Construction Group Co., Ltd.

Hubei Sanyuan Zhengxing Construction Group Co., Ltd. was established at the end of 2004 with a registered capital of RMB 100 million. The Group has five subsidiaries: Wuhan Zhongzhi Yitai Ecological Building Technology Service Co., Ltd., Wuhan Zhongzhi Tai Labor Subcontracting Co., Ltd., Hubei Sanyuan Zhengxing Health Industry Investment Co., Ltd., Hubei Sanyuan Zhengxing Real Estate Investment Co., Ltd., and Hubei Baizhibo Sai Construction Engineering Co., Ltd. The Group's main business qualifications include: Grade I General Contracting Qualification for Housing Construction, Grade II General Contracting Qualification for Municipal Public Works Construction, Grade II Professional Contracting Qualification for Decoration and Renovation, Grade II Professional Contracting Qualification for Gymnasium Construction, Grade II Professional Contracting Qualification for Mechanical and Electrical Installation, Grade II Professional Contracting for Steel Structure, Grade III Qualification for Ancient Architecture, and Grade III Professional Contracting Qualification for Building Waterproofing. Over its long-term operation, the enterprise has maintained good bank credit and has been rated AA by China Construction Bank Hubei Branch. It is one of the few above-scale enterprises in the construction industry with almost zero litigation. Since its founding, the Group has established the core development principles of "people-oriented, innovation-first, management-supreme," with particular emphasis on extensive cooperation and exchange with domestic universities, well-known law firms, financial institutions, and architectural design institutions. It has engaged renowned experts and consultants in the domestic engineering industry such as Yuan Neizhen, as well as the professional legal team of Shanghai Jianwei Law Firm, as enterprise consultants. At the same time, the Group pioneered the business model of "construction enterprises intervening in the restructuring of non-performing assets of troubled enterprises" in China, using asset restructuring bidding business to drive general construction contracting business. The Group has established long-term strategic partnerships with large state-owned and central enterprises such as China Construction Third Engineering Bureau, China Construction Fourth Engineering Bureau, Gezhouba Group, Hongtai Group, and China Cinda Asset Management Co., Ltd.