Summary of duties

Wancheng Holdings is a property developer focusing on the development of residential properties, shops, clubs and other supporting facilities, focusing on the development of Huizhou in Yunnan Province and Chinese areas (such as Tianjin and Henan Province) that are considered to be highly developed, in order to attract middle-and high-income residents in the surrounding areas. Market sale of development property and rental of some developed and unsold development properties (such as childishness and shops) to obtain rental income. In April 2003, the collection company launched a property development service in Huizhou, Guangdong Province through the establishment of Huizhou Foundation, and launched the construction of the first housing development project, 10,000 cities, in Huizhou, Guangdong Province. In the later episode, we met the third-party service partners in Tianjin and Henan Province, and have been working with them ever since. According to the calculation of the residential construction area available for sale in the first half of 2018, it is the 12th largest property developer in Huizhou, Guangdong Province, accounting for about 1.4% of the market.

Thank you very much.

Jiguan is a regional property developer, and its development projects are located in the strategic areas of transportation development in Huizhou, Guangdong Province, and other Chinese regions that are considered to have the potential for growth.

The collection company has established a network system capable of developing strategic development projects in a timely and cost-effective manner.

Focus on the development of new, innovative and customer-oriented products, the aim is to ensure that the products are in line with the market and attract customers

Negative factor

The duties and prospects of the market depend on the performance of China's property market (especially in the large area), and may be adversely affected by its presentation of the market.

The market is subject to a large number of government laws and regulations and controls, and is especially vulnerable to the adverse activities of the relevant policies in China's property market and the local policies in the region where the market is located.

There may be significant changes in the performance of the stock market from time to time, while the related wave action leads to the prediction of the future of the stock market and the registration of the stock market.

The purpose of the income

About 42.0% is used for ongoing and future development projects.

About 52.3% is used for the first public release of pre-sale funds.

About 5.7% is used for general financial assistance.