Qunyi Investment (Guangzhou) Joint-stock Co., Ltd.

Qunyi Investment (Guangzhou) Joint-stock Co., Ltd. (hereinafter referred to as "Qunyi Shares") was established in October 2003 with a paid-in registered capital of RMB 100,300,000. It has subsidiaries including Qunyi Real Estate, Qunyi Finance, Qunyi Investment, Qunyi Technology, Qunyi Exhibition, and Qunyi Finance and Taxation. Qunyi Shares has over 60 development projects in nearly 20 cities in China. A British architect once remarked, "Qunyi Investment always stands at the forefront of urban development, contemplating what the future of the city should look like, and with this consideration, it often breaks the conventions of the real estate industry, presenting unique and distinctive products."

Qunyi Shares has consistently adhered to a talent strategy, placing great emphasis on the introduction and cultivation of talent. The company has established industry-university-research internship bases with many key 211, 985, and Double First-Class universities. It currently employs over 360 staff members, of whom more than 150 hold bachelor's, master's, or doctoral degrees, and has hired 18 overseas returnees and foreign employees. The company firmly supports the Scientific Outlook on Development, adheres to a people-oriented approach, emphasizes sustainable development, strives for excellence in business, and seeks to establish a world-class brand.

Qunyi Investment (Guangzhou) Joint-stock Co., Ltd. has always been a leading investment company with the core values of "Integrity," "Professionalism," and "Innovation," and the fundamental principle of "benefiting the masses." The company was founded and is managed by professionals with extensive experience in international and Chinese capital markets, finance, economics, and corporate management. It is a pioneer and forerunner in China's investment field, with outstanding performance and wide recognition. Following the government's policies on economic liberalization and financial internationalization, the company has gradually developed into a large-scale investment company in the Asia-Pacific region with diversified, specialized, and international products. The company provides a range of investment services to numerous clients in various fields, including enterprises, financial institutions, governments, and individuals (including enterprise restructuring and reorganization, private/public financing, domestic/overseas investment and mergers and acquisitions). The company focuses on industries and their upstream and downstream chains, possessing rich, high-quality, continuous, and systematic project resources. It is committed to providing financial advisory services such as mergers and acquisitions, strategic restructuring, and private financing, leveraging its strategic perspective on mergers and integration and an extensive resource network to support the rapid growth of corporate clients and secure capital support and market position. We have an internationally renowned professional team, combining years of accumulated financial expertise and keen market insight, and integrate global market resources to craft tailored solutions for each client.

Qunyi Shares is dedicated to identifying and investing in projects with value-added potential across Asian countries, with a focus on markets including development projects, equity investments in real estate companies, operational property acquisitions, and asset repositioning. The company adopts a strategy of investing in key markets, with each team composed of local professionals familiar with local and global real estate and capital markets, focusing on investments in their respective markets. Based on in-depth analysis of the fundamentals of each market, the company identifies investment opportunities in areas such as office buildings, residential, industrial, commercial retail, hotels, and senior housing. The company takes a proactive approach to seeking investment opportunities, conducting rigorous evaluation and screening of projects, and engaging in exclusive negotiations with partners or sellers, thereby accelerating the transaction process whilst ensuring the smooth completion of various complex transactions.

Investors and management teams of Qunyi Shares have received internationally first-class education and professional training, possessing deep professional knowledge and practical experience in international and domestic finance, capital markets, financial securities, and technology fields. With practical experience in various Asian markets with different competitive dynamics, cultural backgrounds, and political, economic, and legal environments, Qunyi Shares' teams provide clients with internationally benchmarked, high value-added services.

In the future, Qunyi Shares will rely on precise industrial layout, abundant project resources, and flexible asset operations, and through the effective linkage of capital and industry, will build multiple industrial clusters such as investment, finance, real estate, and exhibition. It will further enhance its competitiveness and strive to become a highly influential, high-quality listed company.