Brief introduction of Beijing Capital Development Holding (Group) Co., Ltd.

Capital Development Co., Ltd. (listed company: 600376), Beijing Capital Hongcheng Industrial Co., Ltd. (referred to as Capital Industry) and Capital Holdings (International) Co., Ltd. (referred to as Capital International) are affiliated to Capital Development Group. The Capital Group is responsible for the overall macro-control, overall strategic planning and brand promotion functions of the Group, and through the establishment of the Project Management Division, it co-ordinates the project management business of the Group and provides high-quality management output or consulting services to the government, enterprises, institutions and social organizations for the construction projects of investors; The main business of the first shares is real estate development and holding property management; The main business of Shoukai Industry is property management and other related industries; Capital International is responsible for the unified management, resource integration and overseas business development of overseas enterprises of the Group.

In the development process of more than 30 years, as an important force in Beijing's real estate industry, Shoukai Group has not only developed a large number of high-quality projects such as affordable housing, ordinary commercial housing, middle and high-grade apartments, office buildings and hotels, but also played an important role in stimulating Beijing's economic growth, improving urban functions and improving residents' living standards. It also takes the initiative to shoulder the mission and responsibility of state-owned enterprises in implementing major public welfare projects such as economic construction and cultural construction.

The Capital Group has successively developed a number of star-rated buildings and policy housing projects, such as the famous Fangzhuang Community, Wangjing New Town, Li Kaiyang Community, the largest rebuild community in Beijing, and Huilongguan Cultural Residential Area, the largest affordable housing project in Beijing. It has also undertaken the development and construction of the Asian Games Village, the Universiade Village and the Olympic Village, and designed and built Olympic and Paralympic related venues such as the National Gymnasium, Shunyi Olympic Water Park, Wukesong Basketball Hall and China Comprehensive Training Base for the Disabled.

After years of development and cross-regional operation of economic cooperation, the Capital Group has successively invested in projects in five countries and regions, including the United States, Australia, the Netherlands, Hong Kong and Macao, and operated more than a dozen high-end hotels and tourist facilities.

Shoukai Group has always adhered to the principle of being responsible, creating high quality and producing excellent products. Since its establishment more than 30 years ago, it has won many awards and honorary titles from authoritative associations, research institutes and other departments all over the country, including "2006 -2007 China Real Estate Integrity Enterprise" awarded by China Real Estate Association. TOP 10 China Real Estate Research Institute selected "Top 100 China Real Estate Enterprises with Comprehensive Strength", "Top 10 Scale" and "China Real Estate Enterprises with Social Responsibility in 2006-2007" in 2007.

The Capital Group has established the corporate philosophy of "responsibility and real estate", and put corporate responsibility at a strategic height, that is, by strengthening corporate responsibility to manage enterprises and develop business philosophy. "Responsible real estate" is not only the core concept advocated by the Capital Group from beginning to end, but also the sublimation of enterprise management thought and the summary of enterprise development experience.

In the future, Shoukai Group will adhere to the concept of "responsible real estate", take "honesty, pragmatism, harmony and win-win, and be the most trustworthy and respected real estate enterprise in China" as corporate vision, constantly enhance the cohesion of enterprises, enhance their competitiveness, actively build China real estate demonstration enterprises with social responsibilities, and continue to contribute to the construction of a livable capital city.