Tianyu Real Estate (Holdings) Limited (“Tianyu Real Estate”) is a company listed on the motherboard of The Stock Exchange of Hong Kong Limited (stock code: 00059). Tianyu Real Estate is an investment holding company. The main business of its subsidiaries is property development, property investment, property management and commercial operations. The Group focuses on developing a wide range of property types, including residential and commercial properties, offices, serviced apartments and hotels in China, as well as property investment and property management. The Group is rooted in Guangzhou and is seeking to develop high-potential cities in the mainland, with a particular focus on community projects tailored to young buyers. Currently, the Group holds a portfolio of development projects and land reserves covering Guangzhou, Zhongshan, Zhuhai, Shenzhen and Huizhou in the Greater Bay Area; Nanning and Guilin in South China; Xuzhou and Nanchang in East China; and Chongqing, Kunming and Guizhou in the southwest region. The total construction area of the project portfolio held by the Group is approximately 33 million square meters, including an existing project area of 15.3 million square meters that have been completed, under development or can be developed immediately, and a potential land reserve area of 17.7 million square meters in the Greater Bay Area, Nanning, Guilin, Xuzhou and Kunming (including those that have signed cooperation agreements with local governments or cooperating manufacturers, but are awaiting land auctions, or framework agreements with relevant entities involved in the reconstruction of old cities). The Group has established its position as a reputable and reliable property developer in mainland China by utilizing its management expertise in the property development business and the characteristics of the development of youth innovation community projects in the old city.