Bestar Holdings Limited (stock code: 1168.HK, “Bestar”) was founded in 1992 and successfully listed on the Hong Kong Stock Exchange in 1998. The group is an experienced Chinese real estate developer that has successfully developed a number of large-scale high-end real estate projects in Shenzhen and Shanghai. The company is headquartered in Hong Kong, China, and the operating headquarters of mainland China is located in Shenzhen. The Group is currently one of the 200 constituent stocks of the “Hang Seng Composite Index” and is also included as one of 86 listed companies in the “Hang Seng Mainland China Composite Index”. High-end real estate projects developed by Bestar Group have excellent quality and advanced household equipment, which have not only won respect from the industry and consumers, but also established a reputable brand. The Group's key development projects include the “Best Star Garden” and “Mangrove West Bank” in Shenzhen, and the “Locke Bund Source” project in Shanghai. The Group's real estate development business in China is managed by Bestar Real Estate Co., Ltd. Bestar Real Estate Co., Ltd. Since its establishment in 1993, Bestar Real Estate Co., Ltd. (“Bestar Real Estate”) has adhered to the corporate philosophy of “building a home with sincerity, perseverance in service” and is committed to improving the living environment of urban people and improving the quality of urban life. It has not only contributed to improving the environment for society, but also created a miracle for its own development. Bestar Real Estate has a leading position leading the way in real estate development in Shenzhen. From design and construction to service management, from building construction to landscape architecture, Bestar's products and services always put the needs and quality of life of residents first, making it a model home for modern urban life. Covering an area of 320,000 square meters and a total construction area of over 1 million square meters, the “Best Star Garden” has been built into an international luxury residential complex with beautiful scenery and complete facilities. In the “International Garden City” evaluation in 2000, Bestar Garden became the only commercial residential area recommended for visiting in Shenzhen, contributing to Shenzhen's reputation as an “International Garden City”. Bestar Garden was also praised as “a garden in a garden city” by Mr. Alan Witt, chairman of the selection committee. “Mangrove West Bank”, which was officially launched in 2005, is located in the highest quality coastal section of Shenzhen, with a panoramic view of Shenzhen Bay. The project introduced a brand-new modern smart home management system jointly developed by LG and Honeywell, and Bestar Property Management Co., Ltd., a member of the international “Golden Key Organization”, also provided quality management services for the project's five-star hotel. “Mangrove West Bank” is the most representative noble residential area in Shenzhen. The project is currently in the sales stage. Sales performance continues to be excellent, and the selling price continues to rise. Shanghai Rockefeller Group Bund Source Comprehensive Development Co., Ltd. At the end of 2005, Bestar Group signed an investment agreement with Rockefeller International Group to jointly develop the “Rocker Bund Source” project. “Rock Bund Source” is a comprehensive renovation and development project in Shanghai. It is located at the confluence of the historic Suzhou River and the Huangpu River, covering an area of 94,000 square meters. The project includes the renovation of 11 outstanding historic buildings and the introduction of new international buildings and public buildings. The Bund Source Rehabilitation and Development Zone is a key renovation project in Shanghai, and “Rock Bund Source” will be the main part of this project. The Bund Source combines brand-new infrastructure, parks, waterfront, remodeled historic buildings, and newly built hotels, shops, department stores, cinemas, cultural venues, and residential areas, making the northern end of Bund Source the most fashionable district in Shanghai.
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