Hunan Xiulong Real Estate Group Co., Ltd.

Runhecheng Industrial Group was founded in September 2001. It is a comprehensive group company mainly engaged in real estate development, operation and investment. At present, it has seven subsidiaries: Hunan Xiulong Real Estate Co., Ltd., Changsha Shenghang Real Estate Co., Ltd., Changsha Nanrun Investment Co., Ltd., Changsha Hengtian Real Estate Industrial Co., Ltd., Changsha Chengcheng Property Management Co., Ltd., Changsha Haoyue Building Materials Trade Co., Ltd. and Lianyuan Tourism Real Estate Company. Its business scope covers government infrastructure construction, building construction, property services, building materials trade and tourism investment. The company is headquartered at Runhe Zijun, southwest corner of the intersection of Purui Avenue and Huangjin Avenue, Wangcheng District, Changsha City. At present, the company has nearly 400 employees, including more than 60 with intermediate and senior professional titles. All employees have a college degree or above. The management backbone of each department has strong professional ability and rich industry experience. The company adopts a management model of group-level control, departmental supervision, independent operation of subsidiaries, and self-responsibility for each project. At the same time, departments, subsidiaries and projects supervise, learn from, coordinate with and closely cooperate with each other, forming a united, efficient and closely coordinated team. Under the correct guidance of the management, all employees of the company work hard and forge ahead, love their jobs and dedicate themselves, making the company's performance increasingly prosperous, reaching new levels one after another, and promoting the steady and rapid development of the enterprise. The company has successively developed multiple projects, launching various property forms such as high-rise buildings, western-style houses, detached and townhouse villas, and commercial centers. The main projects currently under development and construction include Runhe Zijun, Runhe Changjun, Runhe Youyicheng and Runhe Meijun, with a total development area of about 2 million square meters, of which 1.5 million square meters has been developed. Since the opening and sales, relying on the company's reputation for honesty and trustworthiness, the supporting school entitlement of Changjun Middle School, low shared area, excellent layouts and beautiful environment, it has set a model for livable life and created maximum value for customers! It has always maintained a hot sales trend. At present, the average sell-through rate of all opened buildings in Runhe Zijun, Runhe Changjun and Runhe Youyicheng has reached more than 90%, and many buildings have been sold out. It stands out among thousands of real estate enterprises in Changsha and ranks among the top five. With the support of friends from all walks of life and owners, it leads the north of the municipal government area and proudly raises the Runhe red! In addition to projects under construction, our company now has four reserve land plots in the Jinxing Gushan waterfront area, with a total area of 399 mu. In 2013, Xiulong Land joined hands with Jinqiao Group to spend nearly 1 billion yuan to win three land kings in Wangcheng District, with a planned total construction area of 1.3 million square meters, laying a solid foundation for the company's sustainable development. At the same time, our company will spend huge sums to build Runhe International Plaza (tentative name) located in the southeast side of Poly International Plaza, Nanhu New City, Tianxin District, the core area of Changsha. This project has great investment value and will become another beautiful landmark in the city center. In addition, in order to fully respond to the government's call and vigorously promote the urban construction of Wangcheng, our company established a wholly-owned subsidiary, Changsha Nanrun Investment Co., Ltd. (hereinafter referred to as "Nanrun Investment"), in August 2010 to actively participate in municipal infrastructure construction. The three roads invested and constructed by Nanrun Investment (Huangjin Avenue, Yinxing Road and Yueliangdao Road) are all located in the core area of the waterfront new city of Wangcheng District, Changsha City. They are urban main roads with a total length of 16 kilometers. Construction of the three roads started comprehensively in July 2012 and is expected to be fully completed in 2016. Facing the current complex market environment, the board of directors of the company has determined the long-term development policy of the enterprise based on urbanization development and the macroeconomic environment. In light of the current situation, it has formulated a strategy of "guiding product development with the highest cost-performance ratio," focusing on the project development pace and product positioning under a sluggish market, so that the company's overall development remains in a healthy state. In the future, our company will adhere to the corporate vision of "professionalization, branding and group-based development." On this basis, with the guarantee of the company's good service level and its own strength, we will further expand investment and construction in infrastructure and land development, strengthen investment cooperation in various regions, apply the Internet thinking of real estate plus, and actively expand business in tourism real estate, elderly care real estate and medical real estate, promoting the company's rapid, healthy and sustainable development.