Zhongliang Holding Group Limited (“Zhongliang” or the “Company”, together with its subsidiaries collectively referred to as the “Group”) is listed on the main board of the Hong Kong Stock Exchange Limited (“Stock Code: 2772.HK”). Zhongliang is mainly engaged in real estate development business in the People's Republic of China (“China”). It is headquartered in Shanghai, is rooted in the Yangtze River Delta, and is spread all over the country. The Group's land reserves are spread across the metropolitan areas of China's five core economic regions, namely the Yangtze River Delta, the Midwest, the Bohai Rim, the West Coast of the Strait, and the Pearl River Delta.