Investor Presentaiton

Shihefu in Yucheng County, Henan Province 77% sold on the opening day. Winner of the Aesthetics Vogue Award 2021 RMB 320mn Sales Upon Initial Launch <6 months Cash Flow Breakeven 14.9% Project Net Margin' 2 GGGGGGGGG CCCCCGGGGN 리 Notes: 1. The project net margin calculated based on the actual cumulative revenue and cumulative expenses incurred on the projects as of 31 January 2022 21

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