Jin Chaoyang Group Co., Ltd. is engaged in the real estate business and is a well-known listed real estate developer in Hong Kong, China. The group was listed on the Hong Kong Stock Exchange in 1997 (stock code: 00878). The core business of Jin Chaoyang Group is to develop various types of high-quality properties, and its property investment portfolio has always brought long-term and stable returns to the Group. With a solid foundation established over many years, the Group's business scope has been extended to property management, with total assets of HK$20 billion. With rich business experience, the Group has been committed to the merger, integration and reconstruction of urban properties since its inception, actively revitalizing old districts, improving urban aging problems, injecting vitality and color into old districts, and improving the urban living environment and quality. We are more active in seizing opportunities and constantly reviewing and updating portfolios through projects such as property mergers and property portfolios, so as to maximize return on investment. In addition to being based in Hong Kong, China, our business in mainland China has expanded rapidly in recent years. Jin Chaoyang Real Estate (China) Co., Ltd., a subsidiary of the Group, is another subsidiary mainly engaged in real estate development business in mainland China. The Group has always been committed to operating its business in Hong Kong, China, and has established a solid foundation; its long-term vision is to expand its business in mainland China with the goal of enabling shareholders and investors to obtain the best returns.