Beijing Sports and Culture Industry Group Co., Ltd. (the “Group”) is a company listed on the Hong Kong Main Board, stock code 01803.HK, and belongs to Beijing Holding Group Co., Ltd. The Group focuses on the investment and development of sports and cultural industries, promotes national fitness and culture, and has industry technical advantages, investment and financing advantages, government resources and international industrial resources. The Group focuses on five major business segments: 1. Development, investment and operation of innovative sports parks and gas film stadiums; 2. Development, investment and operation of innovative cultural, sports and tourism facilities as container-based buildings; 3. Cinemas, theaters and derivative entertainment venues shall be developed, invested and operated; 4. Development, investment and operation of sports media; 5. Project management and operation of various sports entities and investment and operation of sports training schools. 1. Development, investment and operation of innovative sports parks and gas film stadiums; Mainly in response to the current situation of smog and haze pollution and insufficient venue space per capita in urban areas across the country, we are investing in the construction of gas-film stadiums with controlled air quality, energy saving and environmental protection, constant temperature and humidity, and various outdoor sports facilities such as fitness trails, and introducing high-standard unified management and related projects such as spectator events, sports training, and sports rehabilitation through specialized high-standard operation teams. Build a multi-functional all-weather innovative sports park combining indoor sports venues and outdoor sports facilities. 2. Development, investment and operation of container modular buildings for innovative cultural, sports and tourism facilities; Using the characteristics of container buildings suitable for sports and cultural facilities, such as flexible movement, rapid integration, bright colors, and creative construction, modular container buildings are used as carriers to build mobile, semi-permanent and even permanent sports and cultural facilities, serving industries such as sports-themed commercial complexes, single sports cabins, outdoor camps, and cultural and sports tourism project development, and can form the best match with the Group's new buildings such as gas film, creating a synergy effect. 3. Cinemas, theaters and derivative entertainment venues shall be developed, invested and operated; With cinema investment and construction as the core of the industry, we will create a one-stop leisure and entertainment complex centered on film and television entertainment and a new weekend consumption scenario through the construction of private movie bars, interactive video experience places, and the introduction of supporting facilities such as live performing arts centers, bookhouses, coffee houses, restaurants, fitness centers, and children's play centers. 4. Development, investment and operation of sports media; We are committed to using new media services such as the Internet as an entry point to further open up event operations, use smart hardware and Internet application services to create new media platforms, and work with major media organizations to introduce high-quality content to serve event stadiums and popular stadiums. 5. Project management and operation of various sports entities and investment and operation of sports training schools; By investing in and operating various sports training schools and sports-related clubs, we will create a specialized stadium operation and management platform integrating sports fitness, training, leisure and entertainment, and parent-child interaction related to soccer, basketball, tennis, badminton, etc. Starting from introducing high-quality services such as vocational training, youth training, coach training, sporting events, and parent-child entertainment in the Group's stadiums and contracted stadiums, the core competitiveness of the Group's stadiums is enhanced. Ultimately, professional management and operation teams are exported to social branding.