About CIFI Holdings (Group) Co. Ltd

CIFI Holdings (Group) Co., Ltd. ("CIFI" or "Company", together with its subsidiaries collectively referred to as the "Group") is headquartered in Shanghai and Hong Kong, and its main business is real estate in the People's Republic of China ("China") Development and real estate investment. We mainly focus on the development of high-quality and self-use real estate properties in China's first-tier, second-tier and third-tier cities. Our development projects cover multiple types of properties such as residential buildings, commercial offices, and commercial complexes. With our efficient business model and strong execution capabilities, our future goal is to continue to maintain rapid growth and develop into a leading real estate brand in the country. We have achieved a nationwide business layout and established a solid position in China's major first-tier, second-tier and third-tier cities. As of December 31, 2019, our real estate projects in China were distributed in 71 cities in 4 regions, including the Yangtze River Delta, Bohai Rim, Midwestern and Southern China. As at December 31, 2019, we had a land bank of approximately 50,700,000 square meters and 26.5 million square meters in total and attributable construction area, respectively. Looking forward to the future, CIFI is committed to becoming a leading and respected real estate company in China under the mission of "creating value for customers" and "building a better life with heart".