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What are the subordinate units of Changshu Jiangnan Group?

Subordinate units of the group include Jiangsu Shanshui Jiangnan Hotel Management Co., Ltd. and Jiangnan Ai Parking Technology Co., Ltd..

1. Jiangsu Shanshui Jiangnan Hotel Management Co., Ltd.: Established by Jiangsu Jiangnan Trading Group Co., Ltd., a state-owned company directly under Changshu Municipal Government, it is mainly engaged in hotel management business such as hotel management, property management, corporate business consultation, exhibition consultation and management output.

2. Jiangnan Ai Parking Technology Co., Ltd.: In order to promote the mixed ownership reform of state-owned enterprises and accelerate the industrial transformation and development of the group, a joint venture company established by way of equity participation, relying on a more flexible management and operation mechanism, cultivates and develops the smart parking industry.