Jiayuan International is an established property developer of large-scale residential and integrated commercial complex projects in different major cities in the People’s Republic of China (“PRC”). With 27 years of experience in property development, the Group develops property projects through comprehensive planning, meticulous quality control, sophisticated operating systems and experienced professional teams to meet the needs of different regions and strengthen the Group’s brand image. As at 31 December 2021,the Group has a portfolio of 100 property projects and 8,285 employees in China, covering the cities of Nanjing, Yangzhou, Changzhou, Nantong, Taizhou, Zhenjiang and Suzhou and the total land bank of the Group was approximately 17.43 million sq.m..