Shenzhen Shilu Yuan Environment Co., Ltd.

Since its establishment in 2003, Shenzhen Shilu Yuan Environment Co., Ltd. has been deeply engaged in the municipal environmental services sector for 20 years. It holds provincial-level special-grade sanitation qualifications and municipal-level special-grade cleaning qualifications, and is one of the top 20 sanitation enterprises in Guangdong Province and a 5A-level sanitation credit enterprise in the province. The company's business lines mainly focus on municipal cleaning and sweeping, waste resource recovery and treatment, public building property management, and landscaping maintenance. Its long-term clients include government departments, state-owned enterprises, and public institutions, and it has also partnered with listed companies to expand its business. In 2021, Shilu Yuan successfully formed an equity partnership with the listed company Shimao Services and became its controlled subsidiary. Shimao Services is a comprehensive property management and community life service provider and one of the top 100 property service enterprises in China. After the partnership with Shimao Services, the company's financial strength has become more robust and its business layout more extensive, shifting from being rooted in Shenzhen to a nationwide layout. Over the 20 years since its founding, the company has experienced several very important development milestones. It was officially registered and established in 2003; in 2008, it adjusted its business direction and became one of the first batch of pre-selected procurement contractors of the Shenzhen Municipal Government; in 2014, the company's business experienced explosive growth, with operating revenue exceeding 100 million yuan, and its business types gradually became more diversified. In 2017, it passed the National High-tech Enterprise certification and was honored as one of Shenzhen's top 100 quality enterprises. In 2019, the company's performance approached 500 million yuan, and its comprehensive strength greatly improved. In 2021, it reached an equity partnership with the listed company Shimao Services. At the beginning of 2023, it won two heavyweight industry awards and gained authoritative certification in the sanitation industry. To date, our company has established subsidiaries and branches in more than 10 provinces and cities nationwide, including Guizhou, Fujian, Hunan, Sichuan, Anhui, and Hubei. The cumulative number of service projects exceeds 1,000, the service area exceeds 800 million square meters, and the cumulative number of service personnel exceeds one million.