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Subordinate units of Shanting Yiyun Group

The subordinate units of Shanting Yiyun Group are: Zaozhuang Yi Yun Housing Development Co., Ltd., Zaozhuang Yiyun Urban Construction Development Co., Ltd., Zaozhuang Shanting Housing Construction Engineering Co., Ltd., Zaozhuang Xing Jun Property Management Co., Ltd. and 1 mixed ownership enterprise-Zaozhuang Shunhe Transportation Co., Ltd. (the group housing construction company holds 5 1%).