Brief introduction of Beijing Huayuan Group Co., Ltd.

"Huayuan" is one of the earliest brands in domestic real estate industry, which has been born for more than 20 years. Huayuan Real Estate entered the real estate industry in the early 1980s and has been committed to developing high-quality real estate products with market representativeness.

Beijing Xicheng District Huayuan Construction and Development Company was established in 1987 and reorganized into Beijing Huayuan Real Estate Co., Ltd. (formerly Huayuan Real Estate) on 1993. After that, Sino-foreign joint venture and overseas indirect listing were completed one after another, which created a miracle of rapid development of real estate enterprises using foreign capital and became the first joint-stock first-class comprehensive development enterprise in China. By 2000, the company's total assets reached 8 billion yuan and net assets reached 3 billion yuan, making it one of the largest real estate companies in China. Its assets, sales, development and other indicators have been among the best in Beijing real estate market for years. More than 80,000 residential buildings have been developed, with a construction area of over 400,000 square meters, including Xidan Cultural Plaza, Huawei Building, South China Building, Hua Ting Jiayuan, Huaqing Jiayuan, Phoenix and other well-known projects in Beijing real estate industry.

200 1, Huayuan real estate started its second venture. In 2002, Beijing Huayuan Real Estate Co., Ltd. was established, with several project development subsidiaries, Huayuan brokers and property management companies, forming a real estate development complex covering project development, sales agency and property management. Since 2006, Huayuan Real Estate has been actively exploring foreign markets, and there are more than/kloc-0.00 million square meters of projects under development in Qingdao, Xi and Changsha. In 2008, the first phase of Huayuan Juncheng (Xi 'an) officially opened. In July 2009, the second phase of Huayuan Juncheng (Xi 'an) began to implement the project, which became another milestone of Huayuan real estate expansion.

In 2009, Huayuan Tommy Mansion (Qingdao) started construction as scheduled. In order to achieve breakthrough development, Huayuan Real Estate reorganized Hubei Happiness Industry Co., Ltd. (referred to as "Happiness Industry"), a company listed on the Shanghai Stock Exchange, and acquired Huayuan Real Estate through Happiness Industry to achieve backdoor listing.

In August, 2008, the major asset restructuring of Happiness Industry and Beijing Huayuan Real Estate Co., Ltd. was completed, and Huayuan Real Estate successfully listed A shares through Happiness Industry.

In June 2008, Happiness Industry was renamed as "Huayuan Real Estate Co., Ltd.".

In March 2009, the company's stock abbreviation was renamed Huayuan Real Estate. With the help of the capital operation platform, Huayuan Real Estate will gain a broader development space and achieve faster and stronger development.

Adhering to the corporate mission of "responsible real estate, quality construction", Huayuan Real Estate will make greater contributions to society and provide investors with more satisfactory returns.