Bestar Holdings Limited (stock code: 1168.HK, “Bestar”) was founded in 1992 and successfully listed on the Hong Kong Stock Exchange in 1998. The Group is an experienced Chinese real estate developer that has successfully developed a number of large-scale high-end real estate projects in Shenzhen and Shanghai. The company is headquartered in Hong Kong, China, and the operating headquarters in mainland China is located in Shenzhen. The Group is currently one of the 200 constituent stocks of the “Hang Seng Composite Index”, and is also included in the “Hang Seng Mainland China Composite Index” as one of the 86 listed companies. The high-end real estate projects developed by the Bestar Group have excellent quality and advanced household equipment. They have not only won the respect of the industry and consumers, but have also established a reputable brand. The Group's key development projects include “Best Star Garden” and “Mangrove West Bank” in Shenzhen, and the “Rock Bund Source” project in Shanghai. The Group's real estate development business in China is managed by Bestar Real Estate Co., Ltd. Bestar Real Estate Co., Ltd Since its establishment in 1993, Bestar Real Estate Co., Ltd. (“Bestar Real Estate”) has been adhering to the corporate philosophy of “building a family with sincerity and perseverance in service”, and is committed to improving the living environment of urban people and improving the quality of life in the city. It has not only contributed to improving the environment, but also created a miracle of its own development. Bestar Real Estate has a leading position in leading the real estate development trend in Shenzhen. From design and construction to service management, from building structure to landscape, Bestar's products and services have always put the needs and quality of life of residents first, making them a model home for modern urban life. Covering an area of 0.32 million square meters and a total construction area of more than 1 million square meters, “Best Star Garden” has been built into an international luxury residential area with beautiful scenery and complete facilities. In the 2000 “International Garden City” evaluation, Best Star Garden became the only commercial residential area recommended for visiting in Shenzhen, contributing to Shenzhen's reputation as an “International Garden City”. Bestar Gardens was also hailed by the Chairman of the Selection Committee, Alan Witt, as a “garden in a garden city”. “Mangrove West Bank”, which was officially launched in 2005, is located in the best coastal section of Shenzhen, with a panoramic view of Shenzhen Bay. The project introduced a brand-new modern smart home management system jointly created by LG and Honeywell, and as a member of the international “Golden Key Organization”, Bestar Property Management Co., Ltd. also provided the project with five-star hotel quality management services. “Mangrove West Bank” is the most representative noble residential area in Shenzhen. The project is currently in the sales stage. The sales performance continues to be excellent, and the sales price continues to rise. Shanghai Rockefeller Group Bund Source Comprehensive Development Co., Ltd. At the end of 2005, Bestar Group signed an investment agreement with Rockefeller International Group to jointly develop the “Rock Bund Source” project. “Rock Bund Source” is a comprehensive renovation and development project in Shanghai. It is located at the intersection of the historic Suzhou River and the Huangpu River, covering an area of 0.09 million4,000 square meters. The project includes the renovation of 11 outstanding historic buildings and the introduction of new world-class buildings and public works at the same time. The Bund Source Rehabilitation Development Zone is a key renovation project in Shanghai, and “Locke Bund Source” will be a major part of this project. The Bund Source combines brand-new infrastructure, parks, waterfront, remodeled historic buildings and newly built hotels, shops, department stores, cinemas, cultural venues, and residential areas, making the northern end of Bund Source the most fashionable area in Shanghai.