First Shanghai Investment Co., Ltd. (hereinafter referred to as “First Shanghai”) was established in 1964, listed in Hong Kong, China in 1972 (stock code 0227HK), and changed its name to First Shanghai in 1993. First Shanghai is a comprehensive enterprise with three core businesses: financial services, direct investment, and property and hotel development. It is distributed in regions with rapid economic growth in Hong Kong and mainland China, including the Pearl River Delta and Yangtze River Delta regions. First, the financial services provided by Shanghai include securities brokerage (stocks and futures), asset management, and corporate finance; in terms of direct investment, we aim to invest in market-leading projects in mainland China. The current investment projects include medical and health products, telecommunications, and logistics. Property and hotel development projects include the construction of office buildings, residences, hotels and leisure resorts for leasing and sale.