New Hope Service Holdings Limited (hereinafter referred to as “New Hope Service” or “Company”, together with its subsidiaries, collectively referred to as the “Group”) is a reputable comprehensive property management and livelihood service operator in China, providing property management services, value-added services for non-owners, commercial operation services and lifestyle services. The Group ranked 39th in the 2020 China Top 100 Property Companies with Comprehensive Strength according to Yihan Think Tank. As of September 30, 2020, the property projects serviced by the Group covered 14 cities, 1 autonomous region and 2 municipalities in 6 provinces of China, and all of the Group's property management projects are located in first-tier, new-tier and second-tier cities in China. Over the years, the Group has repeatedly received awards from well-known industry organizations for service quality and brand value, such as the 2019 China Service Demonstration Enterprise - China Golden Key Award and the 2020 China Property Service Professional Operation Leading Brand.