About POLY PROPERTY Company

China Poly Group was founded in 1984. Over the past 30 years, it has formed a development pattern with international trade, real estate development, R&D and engineering services in the field of light industry, process raw materials and product management services, cultural and artistic management, production, sales and services of civilian explosives, information and communication technology, silk-related industries, and financial services. The business covers more than 100 domestic cities and nearly 100 countries around the world. In 2020, Poly Group's revenue exceeded 400 billion yuan, total profit was nearly 60 billion yuan, total assets of the group exceeded 1.7 trillion yuan, and the company had more than 0.1 million employees, ranking 174th in the world's top 500. Poly Real Estate Group Co., Ltd. (“Poly Real Estate” for short) is an important pillar of China's Poly Group real estate business, an important platform for the capital market, and an important window for overseas layout. Poly Real Estate is headquartered in Hong Kong and Shanghai, China, and is listed on the main board of the Hong Kong Stock Exchange. The stock code is 00119.HK. Its main business is divided into four major sectors: domestic and overseas high-end real estate development, integrated urban investment and operation, quality hotels and property management, and comprehensive financial services. It has become a comprehensive industrial group characterized by modern commercial buildings, comprehensive cultural facilities, high-end boutique residences, overseas real estate development, and cross-border capital transportation. The company's total assets are about 200 billion yuan, and annual sales are about 60 billion yuan. The Poly Real Estate Development Platform business involves real estate investment and development, sales, and self-owned property operation and management, distributed in more than 30 cities in 13 regions, including Hong Kong, Shanghai, Jiangsu, Zhejiang, Guangdong, and Shenzhen, with more than 100 proposed projects under construction; the quality property management business involves residential properties, office and hotel properties, commercial complexes, urban operations, and public service property management in scenic spots, distributed in 30 cities in 14 regions including Hong Kong, Shanghai, Jiangsu, and Zhejiang, with a total management area of 70 million square meters. Property service companies have always ranked in the top 30 of the top 500 comprehensive strength companies. Among them, in addition to owning its own brand hotels, the hotel management business cooperates with internationally renowned hotel management groups such as Intercontinental Hotels (IHG) and Hyatt Hotels (Hyatt) to operate more than 10 four-star and five-star hotels. Poly Real Estate's business performance continues to grow, and its global strategy continues to advance. It has been included in the “Morgan Stanley Capital International Index (MSCI)”, “Hang Seng China State-owned Enterprises Index”, “Hang Seng Large and Medium Cap Value Index”. It was selected in the first batch of trading lists of Shanghai-Hong Kong Stock Connect in 2014. Since 2010, it has been selected as one of the “Fortune” Top 500 Chinese Companies for many years. While further expanding and strengthening the main real estate business and increasing real estate investment management, as a pilot enterprise for collaborative integration and resource integration of the China Poly Group, it adheres to the concept of “serving the people and being responsible for society”, and collaborates with Poly Real Estate to develop and invest, Poly City Planning and Operation, Poly Finance, Poly Construction, Poly Business, Poly Hotel Management, Poly Health and Nursing, Poly Art Education, Poly Theater Management, Poly Film and Television, Poly Entertainment, Poly Museum, Poly Auction, Poly Auction Arts and crafts, Poly Silk, Poly Nokia Bell Telecom Technology With businesses such as 5G network services, Poly Exhibition, and Poly Fitness, we are committed to improving the city's comprehensive operation and service capabilities.