About CHINA RES MIXC Company

China Resources Vientiane Life Limited (abbreviation: China Resources Vientiane Life, stock code: 01209.HK) is a leading property management and commercial operation service provider in China. It was listed on the Hong Kong Stock Exchange on December 9, 2020, and was included in the Hong Kong Hang Seng Index on November 18, 2022. The company takes the “urban quality of life service platform” as its strategic position, adheres to the corporate vision of “becoming an urban quality life service provider trusted and loved by customers”, focuses on the “2+1" business model covering commercial operations, property services, and general membership systems, and strives to build an integrated ecosystem for all business formats, all customers, all products, and all services. “Vientiane Commercial” has the country's leading shopping center development and operation capabilities. After 19 years of development, from Vientiane City to Vientiane World, it provides full-process services, namely investment planning, product positioning, design consulting, brand investment, operation services, and other single or multiple service combinations. By the end of 2023, China Resources Vientiane Life had 101 shopping malls operating nationwide. Of these, 82 projects ranked in the top three in the local market in terms of retail sales, reaching 181.2 billion yuan in retail sales and more than 46 million members. “Vientiane Service” is positioned as an urban space operation service provider, focusing on 12 core scenarios of community living space, office production space, and urban public space. Through integrated operation and services in the urban ecosystem, it uses technological intelligence platforms to integrate urban resources, operate urban space, and serve urban people, bringing people a more extraordinary urban living experience. By the end of 2023, Vientiane had a service layout in 171 cities across the country, with a management area of 370 million square meters and a contract area of 425 million square meters.