Chongqing Rongsheng Xinyu Real Estate Development Co., Ltd.

Rongsheng Real Estate Development Co., Ltd. (abbreviated as Rongsheng Development, stock code 002146, SZ) was founded in 1996 with a registered capital of 4.34 billion yuan. It is committed to branded real estate development, interpreting modern living concepts through professional operations and high-quality projects. On August 8, 2007, Rongsheng Development was successfully listed on the Shenzhen Stock Exchange through an IPO. After more than 20 years of development, Rongsheng Development has made considerable progress in business scale and business scope. It has rapidly grown from initial ordinary residential development to a nationally renowned large-scale multi-industry comprehensive group company integrating real estate development, health tourism creation, financial investment, internet innovation and other businesses.
Rongsheng Development adheres to the corporate purpose of "creating wealth, cultivating talent, serving society, and serving the country," takes "pursuit of excellence" as its core value, and upholds the corporate spirit of "integrity, modesty, earnestness, hard work, striving, and innovation." The real estate segment creates "natural gardens and healthy homes" for consumers; the health segment provides vacation, amusement, and medical care products and services for consumers; the finance segment creates new profit growth points for Rongsheng Development through banks, funds, securities, insurance and other financial models, while providing consumers with a wealthy lifestyle. With forward-looking strategic thinking and steady development concepts, Rongsheng Development's operating performance has continued to grow rapidly, and its enterprise scale and business scope have continued to expand.
Rongsheng Development is based in the Bohai Rim, Yangtze River Delta, Beijing-Shanghai High-Speed Railway corridor and other cities with the greatest economic vitality, and implements a nationwide strategic layout. To date, its business has entered the four major economic regions of the Bohai Rim, Yangtze River Delta, Pearl River Delta, and Western China, with projects in 71 cities including second-tier cities such as Shenyang, Shijiazhuang, Tianjin, Jinan, Nanjing, Changsha, Xi'an, Zhengzhou, Chengdu, and Chongqing. It has cumulatively developed more than 250 large and medium-sized projects, with a land reserve area of 36.1354 million square meters and total assets of 227.762 billion yuan.
The Chongqing Regional Company of Rongsheng Real Estate Development Co., Ltd. (hereinafter referred to as the "Company") was established on December 21, 2016, with a registered capital of 150 million yuan. The Company adheres to the corporate purpose of "creating wealth, cultivating talent, serving society, and serving the country," upholds the corporate spirit of "integrity, modesty, earnestness, hard work, striving, and innovation," and takes "pursuit of excellence" as its core value. Since entering Chongqing, the Company has rapidly laid out the Chongqing market, with projects successively located in Banan District, Dadukou District, and Nan'an District. Products cover all business formats including high-rise buildings, townhouses, villas, independent commercial properties, and five-star hotels. The Company adheres to the development rhythm of "one, four, five, seven, nine" to ensure quality rapid growth. At present, the Company has 4 projects under construction and for sale: Rongsheng Jinxiu Nanshan, Rongsheng Binjiang Huafu, Rongsheng Huafu, and Rongsheng City, with a total planned land area of 1,643 mu and a total planned building area of 2.45 million square meters. The Company will also expand new projects in the core area of Chongqing's main urban area, surrounding districts and counties, and western cities such as Guiyang, striving toward the goal of "entering 10 billion in three years and entering the top ten in five years." From 2016 to 2020, it is during the "Fifth Five-Year" planning period of Rongsheng Development. Under the guidance of the Group's "Fifth Five-Year" plan, the Company will adapt to the new normal of the market, adhere to Rongsheng's corporate purpose and corporate spirit, practice the brand concept of "creating a new lifestyle," and create a happy, healthy, and wealthy new lifestyle for consumers.