Changshu Zhengfa Development Co., Ltd.

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Zhongshu City Zhengfa Development Co., Ltd. Zhongshu City Zhengfa Development Co., Ltd. (“Zhongfa” or the Company) is a joint venture investment company established by the Zhongshu City Government in 2016. The Company is focused on developing and investing in projects in the city of Zhongshu an......

Zhongshu City Zhengfa Development Co., Ltd.

Zhongshu City Zhengfa Development Co., Ltd. (“Zhongfa” or the Company) is a joint venture investment company established by the Zhongshu City Government in 2016. The Company is focused on developing and investing in projects in the city of Zhongshu and the surrounding areas.

The Companys core business is to directly or indirectly acquire, operate and develop real estate, hospitality, retail and other investments or projects that bring long term value to Zhongshu and its citizens. The Company has created a diversified portfolio of investments and projects across a range of sectors, including commercial and residential real estate, retail, hospitality, health care, technology and education.

Since its establishment in 2016, the Company has invested extensively in the development and operation of projects in the city of Zhongshu. Examples of such projects include the redevelopment of neighborhoods in Zaoshang district and Qinchuan district, the expansion of the Qinchuan Art and Cultural Center, the development of a hotel in Xingxing district, and an enterprise innovation center in Zaoshang district.

The Company continues to make significant progress in its commitment to become an established investment partner in the region. Its major investment and development projects have succeeded in creating profitable growth and improving social outcomes for citizens of Zhongshu. As evidence of the successful projects it has undertaken, the staff of the Company have recently been recognized with the Zhongshu City Achievement Award and the Zhongshu City Excellence Award.

Moreover, the Companys efforts to foster economic growth, job creation, and social harmony have been widely praised by local authorities and the general public. For example, the Company has been involved in organizing job fairs and providing free vocational training for local citizens in the city of Zhongshu, as well as providing assistance to vulnerable groups.

In the years ahead, the Company will remain focused on its mission of contributing to the improvement of Zhongshu by cultivating an environment conducive to economic development and promoting balanced growth in the city and its surrounding areas. In order to achieve this, the Company will continue to actively seek out and invest in projects that offer potential for sound long-term returns.

The Company will also focus on studying new trends and developments in the industry, and adopt and implement best practices to ensure its investments and operations create significant value for all stakeholders, including citizens and businesses across the city.

The Company recognizes the importance of corporate social responsibility, and will support and engage with local charitable causes to ensure that it is playing its part in creating a sustainable and prosperous future for Zhongshu.

Overall, Zhongshu City Zhengfa Development Co., Ltd. is dedicated to creating a vibrant, prosperous and sustainable Zhongshu. The Company is confident that its commitment and dedication to these ideals will ensure long-term success and value for all stakeholders.

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