About S HARBOURHOLD Company

Hangang Holdings Group Co., Ltd. Company background Hangang Holding Group Co., Ltd. (hereinafter referred to as the “Group”), formerly known as Hangang Real Estate Group, is a senior real estate development company headquartered in Hong Kong, China. The Group is a real estate developer focusing on the development of residential and commercial properties in China's second- and third-tier cities, and its landmark real estate development project “Nanchang Red Valley Triumph” has received numerous awards. The parent company of the Group, Pan Hong Kong Holdings Group Limited (SGX: P36) (hereinafter referred to as “Pan Hong Kong Group”), has more than 15 years of experience in developing real estate in China and was listed on the Singapore Stock Exchange in 2006, with a special focus on developing real estate projects in the unique market of central China. Pan Hong Kong Group spun off the Group's listing in Hong Kong in 2011 to further expand the real estate business development in Jiangxi Province. Although the Group is currently mainly engaged in real estate development business, it is always exploring and seeking new opportunities to expand revenue and increase profitability. The name of the Group was changed from Hangang Real Estate Group Co., Ltd. to Hangang Holding Group Co., Ltd. in an effort to diversify the Group's business and better reflect or conform to the nature of the Group's business and main business (that is, investment holding) and may gradually diversify the Group's future business, which took effect on August 24, 2015. The company's advantages Focus on China's real estate projects in Jiangxi Province Han Hong Kong is known for developing China's real estate projects in Jiangxi Province, and its properties have received many awards. Seize potential business opportunities in central China Hangang is currently focusing on China's real estate market in Jiangxi Province. The Group has land reserves in Jiangxi Province, China, so it can benefit from increasing employment opportunities in these cities, improving the quality and standard of living, and growing demand in the residential property market. Furthermore, China's national railway system and transportation network are improving, and living expenses in Jiangxi Province in China are also more suitable than other developed cities and provinces, so Jiangxi Province can attract people who pay more attention to quality of life, benefiting the local residential property market. The management team is experienced We have an experienced management team. Among them, the chairman and vice chairman of Hangang have more than 15 years of real estate development experience in mainland China. They can lead the group to further strengthen its position in the domestic real estate market and expand its business into new real estate development markets.