About Huarong Industrial Investment Management Co., Ltd.

Huarong Industrial Investment Management Co., Ltd. was formerly known as "Zhuhai Hengqin Xindong Real Estate Industrial Development Company". In 2009, according to the strategic decision of China Huarong, Zhuhai Hengqin Xindong Real Estate Industrial Development Company was restructured and renamed as "Huarong Real Estate Co., Ltd.". In 2019, in order to better adapt to China Huarong's development strategy and further improve the company's core competitiveness, according to the company's special functional positioning and its own transformation and development needs, Huarong Real Estate Co., Ltd. officially changed its name to "Huarong Industrial Investment Management Co., Ltd." , with a registered capital of 1.85 billion yuan, is a wholly-owned subsidiary of China Huarong. At present, the long-term credit rating of domestic entities of Huarong Industrial is AAA, and the long-term credit rating of overseas entities is A-. As the only industrial company in China Huarong system, Huarong Industry is the real estate management platform of China Huarong. It has the second-level qualification for real estate development, and has asset management, equity investment, real estate development and operation, real estate investment and management, and urban infrastructure. Construction, hotel investment and management, house leasing, restructuring of problem companies, post-investment management, industrial investment and investment consulting, etc. Huarong Industry will closely focus on the main business of China Huarong non-performing assets, take advantage of its own differentiated professional advantages, strengthen synergy, revitalize the stock, expand the increment, and actively carry out the business of "asset management, post-investment management, investment consulting", and strive to do Good for housing non-performing asset business. At the same time, to adapt to the requirements of local economic development, strengthen cooperation with local governments, leading real estate companies and high-end industries, cut into and promote real estate development through industrial development, set up a “Real Estate-related Non-performing Asset Fund”, and establish a “real estate + industry + finance” integrated innovation Development model, vigorously carry out the business of "equity investment, reorganization of troubled enterprises, bankruptcy management", develop, manage and dispose of non-performing assets with the business model of the real estate industry, resolve financial risks, and ensure the preservation and appreciation of state-owned assets. Since its restructuring, Huarong Industrial has relied on China Huarong's excellent brand and branches all over the country, and fully leveraged its professional advantages as a platform company to make extensive arrangements in the Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei region, Bohai Rim region, Central China, South China, Southwest China, etc. In the area, "Huarong·Qinhai Bay", "Huarong·Modern City", "Huarong·Blue Ocean", "Huarong·Shanshui Garden", "China Huarong Building", "China Huarong Modern Plaza" have been built. and other series of high-quality real estate development projects, fully implement the responsibility of central enterprises, and launch the Huarong brand.