About XINJI SHAXI Company

In terms of business area and hotel supplies rental revenue, we are the largest hotel supplies mall operator in China. As of April 30, 2019, we have three hotel supply stores and two household goods stores in Guangzhou and Shenyang, China. The total construction area is about 363,079.82 square meters, the total leasable area is about 270,044.31 square meters, and the total leasable area is about 230,068.03 square meters, with an average occupancy rate of 85.2%. We are led by an experienced management team with extensive management and industry experience. In particular, our Chairman, Executive Director, CEO and founder, Mr. Zhang Hanquan, has over 15 years of experience in operating shopping malls in China. He himself has been the CHSA Chairman since June 2013, and he is a pioneer and leader in the Chinese hotel supplies industry. Our management team has many years of experience and has accumulated rich experience and knowledge in the industry and contributed to the Group's unique business model. We believe that in the future, under the leadership of President Zhang Hanquan, we will continue to make efforts for the development of China's hotel supplies industry.