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Investor Presentaiton

Huge Headroom for Growth in China A 中原建业 CENTRAL CHINA MGT Future Growth Drivers • Demand for well-recognized brands Low Penetration and High Growth Potential Demand for • Demand for quality products Commercial Project Management Demand for Governmental • Demand for cost control Demand for higher profitability ~ RMB 13 tn 1 Contracted Sales of China's Residential Properties Policy support for public housing Policy support for urban renewal ~ RMB 6 tn' Contracted Sales from Non-Top 100 Property Developers Project • Management • Strong demand from LGFVS RMB109 bn 1 • Demand for Demand for NPL asset management Capital Project Management • Demand for professional property development management experience Sources: National Bureau of Statistics (NBS), China Index Academy, industry research, company disclosure Notes: 1. FY2022 data 2. Greentown Management (9979.HK) and Central China Management (9982.HK) 3. Estimate for 2021 in the Blue Paper for Agent Construction Industry Contracted sales of listed project management companies² 3 4.8% Penetration Rate in China 20-30% Penetration Rate in EU and US 10
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