Company Profile COMPANY INTRODUCTION

Powerlong Group was established by Mr. Xu JianKang, a standing committee member of CPPCC and a famous patriotic entrepreneur of Macau. With the corporate mission of ‘Create space full of love’, Powerlong Group has kept expanding its business in different sectors, including real estate, commerce, hotel and culture & arts,and committed to becoming a respected global leader in urban space development and operation for centuries to come. Up to now, the total capital of the group has exceeded RMB 100 billion, with over 200 subsidiaries at home and abroad and a total workforce of nearly 10,000 staffs, and charitable donations of over RMB 1.3 billion.

Powerlong Real Estate Holdings Ltd (HK. 1238) has specialized in the development and operation of comprehensive commercial realty projects since 2003 and has been successfully listed on Hong Kong Stock Exchange in 2009. Over the past several years, it has been awarded with many authoritative honors, including China Top 100 Real Estate Developers and Top 10 Brands of China Commercial Real Estate. Real Estate has developed more than 160 high-quality realty projects in over 40 cities, covering Yangzi River Delta, Guangdong-Hong Kong-Macao Greater Bay Area, Bohai Economic Rim, Western Taiwan Straits Economic Zone, Hainan International Tourism Island and mid-western region. Powerlong has built a multi-dimensional business to meet increasing domestic demands for compound real estate. Its business includes three series of commercial realty projects, residential projects from middle and high end commercial residential buildings to houses, and high-standard, well-equipped office and hotel projects.

In 2007, Powerlong Commercial Management Group began to provide commercial operation service for developers, tenants and owners of retail commercial properties. And in 2019, Powerlong Commercial Management Holdings Ltd(HK.9909) was also successfully listed on Hong Kong Stock Exchange. Until now, Powerlong Commercial Management Group is managing 52 retail commercial properties with a total operated building area of over 7 million sqm. As one of the few Chinese commercial operation service providers with expertise and capabilities in managing diversified retail commercial property portfolios, Powerlong Commercial Management Group provides commercial operation service through four brands, i.e. Powerlong One Mall, Powerlong City, Powerlong Plaza and Powerlong World. With an operational team of over 4,000 members, Powerlong Commercial Management Group has cooperated with more than 7,100 brands, including over 140 strategic partners.

Powelong Hotel has cooperated with various famous international hotel groups. Considering the different situations of various local markets, Powerlong properties will be operated on a co-branded basis together with Le Meridien, Pullman, Radisson Blu, Radisson, Four Points by Sheraton and Aloft. Meanwhile, the themed hotels featuring galleries and arts were introduced in the proprietary brands of hotel chains, including Juntels, Artels+ Collections, and Artels+.

Today, Powerlong already has such cultural and artistic organs as Powerlong Art Museum, Shucanglou, Powerlong Painting Academy, Powerlong Art Center and XU Gallery. A multidimensional cultural industry chain has been developed, ranging from public cultural undertakings, collection and art creation, to art management.