Guangxi Vanke Enterprise Management Co., Ltd.

Vanke Enterprise Co., Ltd., established in 1984, has grown over more than three decades to become a leading urban construction and lifestyle service provider. The company's business focuses on the three major economic circles with the most vitality in the national economy and key central and western cities. In 2016, the company made its debut on Fortune's "Global 500" list, ranking 356th; in 2017, it was listed again, ranking 307th.\r\nIn 2014, Vanke's fourth decade development plan extended its positioning from "Three-Good Residential Supplier" to "Urban Supporting Service Provider." In 2018, Vanke further upgraded this positioning to "Urban Construction and Lifestyle Service Provider," detailed into four roles: creator of beautiful life scenes, a new force in the real economy, a test field for innovation and exploration, and a builder of a harmonious ecosystem.\r\nIn 2017, Shenzhen Metro Group became the largest shareholder of the Group, consistently supporting Vanke's mixed-ownership structure, its strategy as an urban supporting service provider and the partnership mechanism for business owners, and supporting Vanke's management team to implement operations and management according to established strategic goals, and to deepen the "rail + property" development model.\r\nVanke has always adhered to "building good houses for ordinary people, building houses that people use," and maintaining two main lines: developing in sync with the city and in sync with customers. Vanke will continue to provide good products and good services for ordinary people, and through its own efforts, make due contributions to meeting various needs of the people for a better life. The company's core business includes residential development and property services. In 2018, the company further upgraded its positioning to "Urban Construction and Lifestyle Service Provider," and its established ecosystem has begun to take shape. On the basis of consolidating the inherent advantages of residential development and property services, its business has extended to commercial development and operations, logistics and warehousing services, rental housing, industrial towns, ice and snow resorts, elderly care, education, and other fields, laying a solid foundation for better serving people's needs for a better life and achieving sustainable development.\r\nNanning Vanke was established in 2013. After five years of development, and under the Group's strategy of "Urban Construction and Lifestyle Service Provider," it currently lays out 11 real estate projects, 8 Meisha education projects, 5 Vanke Li projects, 1 office property project, 1 intelligent parking lot project, and 1 long-term rental apartment project across Nanning.\r\nIn 2017, Nanning Vanke achieved a cumulative sales amount of 7.485 billion yuan, ranking first in Nanning's market sales.\r\nIn the future, Nanning Vanke will start from real needs, continue to provide better services to customers and the city, and continue to expand business scope such as education, commerce, and office property, contributing to the city's development and construction.