Huahan

Huahan Investment Group Co., Ltd., established on July 10, 2000, was formerly known as Beijing Century City Real Estate Development Co., Ltd. On May 18, 2006, the Group was reorganized with Huahan Investment Group Co., Ltd. as its core enterprise, incorporating multiple subsidiaries including Huahan Group Changchun Real Estate Co., Ltd., Weihai Real Estate Co., Ltd., Kunming Dawan Eco-tourism Resort Co., Ltd., Beijing Century Hongye Asset Management Co., Ltd., Beijing Century Hengrun Real Estate Brokerage Co., Ltd., Beijing Senmao Property Management Co., Ltd., Beijing Senhe Property Management Co., Ltd., and Beijing Yuanjing Fitness Club Co., Ltd. The Group's total assets exceeded RMB 2 billion, evolving into a large comprehensive investment enterprise with real estate investment as its core business, integrating primary land development, residential and commercial real estate development and construction, commercial and hotel operations, property services, and fitness and leisure. As a local government-affiliated enterprise in Beijing, Huahan has taken on the mission of urban regional operation, undertaking the planning and development of a 6.5 square kilometer area in the Nanmofang area of Chaoyang District, Beijing, transforming an old urban village into Sifang New Area—a modern multifunctional urban complex integrating leisure, shopping, sports, education, tourism, ecology, and residence. Huahan has successfully developed projects such as Zinan Jiayuan, Oriental City, Happy Valley Theme Community Phase B, and Huahan International, and cooperated with Shenzhen Overseas Chinese Town Group to jointly develop and build Happy Valley Theme Community Phase A and a large theme park—Beijing Happy Valley. The cumulative development scale of Huahan has reached 2 million square meters. In February 2006, with excellent development performance, it obtained the first-class qualification for real estate development from the Ministry of Construction. Currently, Huahan Group has a reserve of eight land parcels covering over 1,000 mu in the Beijing area. In February 2007, Huahan Group acquired the Changchun 513 Factory project with a construction area of 300,000 square meters through auction. In September 2007, Huahan Group successfully acquired the Kunming Dawan golf project covering an area of 3,300 mu. In December 2007, Huahan Group successfully acquired the Weihai International Yacht Club project with a construction scale of 150,000 square meters. On December 15, 2009, Huahan Group Changchun Real Estate Company won a residential land plot of over 200,000 square meters in Jingyue Development Zone, Changchun, with a floor price of RMB 285 million. In 2010, commissioned by the Chaoyang District Government, it undertook the construction of affordable housing projects in Dongba Judong, with a total investment of RMB 402,000 and a planned construction area of 670,000 square meters. Huahan Investment Group has earned honors through quality, built its brand through honors, and won customers through its brand. Huahan adheres to the corporate spirit of "Proactive, Loyal and Dedicated, Striving for Excellence, and Pursuing Perfection" and the core values of "Promoting Integrity, Simple Happiness, People-Oriented, and Collective Growth." It actively enhances market competitiveness in product development, resource integration, capital operation, marketing, and enterprise management, and strives to build a high-quality, high-performance professional team. Currently, Huahan has 260 employees, of whom over 170 are professional technical personnel in engineering, economic management, financial management, and marketing, with over 75% holding intermediate or higher professional titles. With a mission of "Building the Future, Contributing to Society" and an operating philosophy of "Down-to-Earth and Aspiring High," Huahan Investment Group adheres to the project development concept of "Creating Value for the City" and firmly follows its "Second Five-Year" development strategy: "Rooted in the Region, Facing Beijing, and Advancing Across the Nation." During the second five-year plan, Huahan Investment Group will successively launch the development and construction of multiple reserve land parcels in Beijing, intensify the pace of market expansion nationwide, and, based on the cross-regional strategic layout in key cities such as Changchun, Kunming, and Weihai, strive to build a comprehensive competitive advantage with corporate culture as the core competitiveness, develop branded products, build responsible real estate, and become a large real estate investment and development enterprise that is respected and distinguished by its excellent corporate culture. Corporate Vision: To become a respected enterprise. Corporate Spirit: Proactive, Loyal and Dedicated, Striving for Excellence, and Pursuing Perfection. Core Competitiveness: Corporate culture. Operating Philosophy: Down-to-Earth and Aspiring High.