Zhongyuan Construction Co., Ltd. (hereinafter referred to as “CCMGT” or the “Company”, together with its subsidiaries, collectively referred to as the “Group”, stock code: 9982.HK) was incorporated as an exempted limited company in the Cayman Islands on October 22, 2020, and listed on the main board of the Hong Kong Stock Exchange Limited (the “Stock Exchange”) on May 31, 2021. The Group's real estate agency business is mainly carried out by Henan Zhongyuan Jianye Urban Development Co., Ltd. (“Zhongyuan Construction”) and Zhongyuan Construction (Hainan) Management Service Co., Ltd. (“Zhongyuan Construction (Hainan)”, which are wholly-owned subsidiaries of the Company. The Group's main business is commercial construction, while continuously expanding services such as government construction, capital construction, and special management consulting. In June 2015, Jianye Group officially proposed a new blue ocean strategy to achieve win-win results through sharing, and the asset-light business came into being. Over the past 8 years, Zhongyuan Construction has been adhering to the principle of “good people, good land”, adhering to the cooperative concept of “cultural identity, strategic approval, standard approval, and plan approval” to achieve complementary advantages, shared risks, and shared results with partners. Under this concept, the effectiveness of asset-light business cooperation has been unanimously recognized by partners. On May 31, 2021, Zhongyuan Construction was officially listed on the main board of the Stock Exchange. After years of development, Zhongyuan Construction has independent capital, construction, and management capabilities. In particular, it has embarked on an autonomous, nationalized, large-scale and specialized development path in terms of business model, operational logic, engineering construction, and partner resource management. As of June 30, 2024, the Central Plains Construction Agency project spread across the country's 9 provinces and autonomous regions, 136 counties and cities above the county level, with 233 partners and 433 cooperative projects. The cumulative planned area is about 54.48 million square meters, the repetition rate of cooperation reached 61%, and the service owners exceeded 0.5 million. Zhongyuan Construction has accumulated a mature marketing and management team, and through mature development capabilities and brand advantages, it brings high premium capabilities to partner projects. The average selling price is 10% higher than that of competitive products. At present, Zhongyuan Construction has formed four major business structures: commercial construction, government construction, capital construction, and management consulting. Traditional commercial construction is the core business of Zhongyuan Construction. It has extensive cooperation resources, a high proportion of business, and strong profit achievement. With the development of the business, the company has begun to focus on promoting government construction services. The business types include the traditional government agency model, the joint venture platform model, and the equity transaction model. The company has now reached strategic cooperation with 29 government platform companies and 8 state-owned enterprises in the province, including Zhoukou City Investment, Dancheng City Investment, Yichuan City Investment, Nanyang Hi-Tech City Investment, Shangcai County Finance Bureau, and Henan Airport Group, and is interested in following up on the project. In December 2022, the Zhongyuan Jianye City Partners Council was established. By gathering like-minded city partners, the council promotes cooperation among member companies, and is ultimately committed to promoting the urbanization process and overall social progress in the Central Plains. In the process of operation, the Council uses credit and financing methods to open up project banks, fund banks, and graft resources for member enterprises, and at the same time create high-quality products and provide high-quality services to customers. In the end, the Zhongyuan Jianye brand quickly consolidated, expanded, took root and blossomed in the Greater Central Plains region. Relying on years of development experience, Zhongyuan Construction Co., Ltd. officially launched a new contract construction trust system - Zhongyuan Construction C Platform in September 2023. The Zhongyuan Construction Service Platform is an innovative exploration and experiment carried out by Zhongyuan Construction Industry on the basis of continuous superposition of brand premium capabilities and management dividend capabilities, linking and building institutional partnership platforms, financial link platforms, digital management efficiency platforms, supply chain enabling platforms, think tank sharing platforms, innovating cooperation models in area development, capital construction, government construction, and revitalization of relief projects, forming platform cooperation advantages, creating value through cooperation to jointly win the trust of owners, the government, capital markets, partners, customers and the industry. Zhongyuan Construction Industry pays special attention to communication and communication with partners. In the process of project management, it uses “ensuring the success of every project, ensuring the satisfaction of every partner, and striving for sustainable cooperation” as the working standard, and “every project is profitable, delivering risky projects” as the work goal, and continues to provide better services to partners. Every time Zhongyuan Construction enters a city, every product it builds is committed to creating a new name for the local city; creating a new way of life for the local people; working with local developers to raise the level of construction of this city; paying more taxes to the local government; integrating into the city and being a good propagandist for the city. In the future, Zhongyuan Construction Industry will continue to use innovative ideas and innovative models to link cooperation resources from all parties to create a cooperative platform for achieving multi-party win-win cooperation through collaborative development to achieve multi-dimensional value at the government level, capital level, partner level, user level, and enterprise level; continue to implement the corporate mission of “let the people of the Central Plains live a good life”, continue to promote the in-depth development of Jianye Group's strategy, and help the construction and upgrading of China's urbanization.