Summary of duties

Market is a mature developer of residential and commercial property in China, focusing on Jiangsu Province and Hunan Province. The collection of their services began with the real estate projects and has been gradually extended to Heyuan, Yangtze River Delta urban agglomeration (including Anhui, Jiangnan and Zhejiang provinces) and the middle reaches of Changjiang urban agglomeration (including Hubei, Hunan and Jiangxi provinces). The property items of the collection include residential items (mainly including sub-residential, drainage, luxury goods and other items), chemical items (mainly including residential and commercial goods such as retail stores, shopping centres, luxury goods and hotels), and the promotion of industry-specific property projects (mainly include "Travel and Recreation Life" projects and "Scientific Industry" projects). As of September 30, 2019, the bazaar had 17 development projects, including 216,600 square meters of ╱ rentals available for sale and 1.4446 million square meters of construction.

Thank you very much.

Successful regional developers and strategies dedicated to cities with high growth

Be able to control land collection cost and construction cost

Experience in acquiring and developing urban renewal projects

Negative factor

Services and prospects depend on the performance of China's property market and may be adversely affected by any market fluctuations.

Participation in urban renewal and development projects may require additional costs and resources, and the benefits of such development projects may not be realized in the near future.

There were cash flows for the year ended December 31, 2017 and for the six months ended June 30, 2019.

The purpose of the income

About 55.0% is used to cover the development costs of several urban renewal projects.

About 20.0% is used for the development and construction cost of existing property projects.

About 20.0% is used for loan reimbursement.

About 5.0% is used for general financial assistance.