About E-STAR CM Company

Xingsheng Commercial Management Co., Ltd. (“Xingsheng Commercial” or the “Company”) and its subsidiaries (collectively, the “Group”) are leading commercial property operation service providers in the Greater Bay Area and have a national presence. As of December 31, 2023, the Group has entered into contracts to provide services for 55 commercial property projects (including 8 consulting service projects), covering 21 cities in the People's Republic of China (“China”), with a total contract floor area (“floor area”) of approximately 2.8 million square meters (“square meters”) (excluding the area of 8 consulting service projects), of which 48.9% were developed or owned by independent third parties. Among them, 27 retail commercial properties have been opened, with a total construction area of about 1.7 million square meters. The Group has a comprehensive and widely recognized brand system, which mainly includes the urban shopping center “COCO Park” (targeting urban consumers), the regional shopping center “COCO City” and “iCO” (targeting consumers within 5 km of the shopping center), the community-based shopping center “COCO Garden” (targeting consumers within 1 to 3 km of the shopping center), and “Third Space”, a high-end home furnishing shopping center. In addition, the Group's commercial properties have a range of themed house brands covering topics such as home, family and children, women and fashion, sports and fitness, and food and social networking. The Group's brand system and operating strength are widely recognized in the market and have received many honors. In 2023, the Group won the “2023 Business Management Company Excellence List” and “2023 Marketing Planning Excellence List” by the China Shopping Federation. Shenzhen Futian Xinghe COCO Park was selected for the “National Model Smart Store” list and topped the list of the top ten two-way influencer brands in Shenzhen and Hong Kong. Xiamen Xinghe COCO Park was also selected for the “Annual Shopping Mall Star Show List” in the shopping mall industry. At the same time, the Group's marketing campaign IP Xingsheng Commercial held the 7th Grand Festival and also won the “2023 High Quality Creativity Award” at Times Media Group's Times Marketing Festival. The Group's mission is to “build urban prosperity with business intelligence”: focus on business opportunities and development that customers are concerned about with high starting point, forward-looking, decisive, enterprising and innovative business wisdom, provide competitive products and services, and continue to create excellent value for consumers, partners and shareholders.