KWG GROUP HOLDINGS

Founded in 1995, KWG Group Holdings Limited ("KWG" or "The Group") is now one of the leading integrated urban operators in China. The Group was listed on the Main Board of The Stock Exchange of Hong Kong (stock code: 1813.HK) in July 2007. Since its establishment, KWG Group has always upheld its core philosophy of "Build home with heart, create future with aspiration", and has focused on the development, sales, operation and management of high-quality properties across a number of sectors. Originated from Guangzhou, KWG has strategically expanded nationwide across China. It has established presence in over 40 key cities such as Beijing, Shanghai, Guangzhou, Chengdu and Hong Kong, covering key urban economic regions including the Greater Bay Area, Yangtze River Delta Area, Pan Bohai Rim, Western and Central regions. As of June 30, 2020, KWG Group's total asset amounted to RMB 217.9 billion, with gross sellable resources of approximately RMB 510 billion. KWG Group officially began its commercial real estate business in 2003. Currently, The Group has 8 shopping malls in operation, with an aggregate gross floor area ("GFA") of 700,000 sq.m. The Group currently offers 8 high-end office projects in core districts of tier-one and tier-two cities and has established a stable and long-term tenant portfolio comprising of renowned financial institutions and multinational corporations. While deepening the development of its residential and commercial real estate business, The Group has also made strategic expansions into a wide range of business segments including cultural tourism, education, healthcare, hotels, serviced apartments, and property management. KWG Living originates from the property management and business operations arm of KWG Group and is positioned as a "One-stop smart service platform". KWG Living has been listed on the Main Board of The Stock Exchange of Hong Kong on October 30, 2020 (stock code: 3913.HK). Over the years, KWG has always been mindful of sharing a heart-warming, positive energy with the community. The Group has been actively involved in the organization of community welfare campaigns in fields such as education, poverty alleviation and disaster relief, and has committed funds and donations in excess of RMB 1 billion. KWG strives to honor its corporate social responsibility in a proactive manner and devote efforts to community welfare in a genuine move to give back to the society and contribute to social development in the new era.