Overview of Hebei Hongyu Real Estate Development Co., Ltd.

Hebei Hongyu Real Estate Development Co., Ltd. (hereinafter referred to as Hebei Hongyu Group) was established in June 2004, with a registered capital of 1 100 million Wu Bai dollars and a second-class qualification. Its subsidiaries include Cangzhou Hongyu Jianye Co., Ltd., Cangzhou IKEA Property Service Co., Ltd., Cangzhou Hongyang Doors and Windows Manufacturing Co., Ltd. and Shandong Binzhou Binying Real Estate Development Co., Ltd. The headquarters of the group is located in Cangzhou City, Hebei Province, which is known as the "hometown of martial arts". Qilu in the south and Beijing and Tianjin in the north. Since its establishment, under the leadership of Mr. Yu Qingzhi, the chairman of the board, the company has absorbed many outstanding management talents and professionals, and formed a team full of core competitiveness in its development. The company has 600 employees, including 35 with senior titles, 40 with intermediate titles and 60 with bachelor degree or above. Relying on high-quality professional team and good reputation in the industry, the company has successively built more than a dozen provincial, municipal, Anji Cup and national customer satisfaction projects, such as Cangzhou No.2 Middle School Comprehensive Building, Cangzhou No.6 Prison Residential Building and Cangzhou Technical Supervision Bureau. Since the 11th Five-Year Plan, Yu Qingzhi has led the company to develop Hongyu Fortune Plaza, Hongyu Waterfront Scenic Area, Hongyu Sunshine Scenic Area, Hongyu Sunshine Emperor Scenic Area, Hongyu City International, Hongyu Century City and Hongyu Yufu Hua Ting. Hongyu City, Egret Bay, Hongyu Longhu Bay, Hongyu Longwan, Hongyu Mansion and other projects under construction are accumulating enterprise strength.