HONG YIP

Kang Yee Service Co., Ltd. ("Kang Yee" or "Company") (Property Management Company Licence Number: C-619311) is a wholly-owned subsidiary of Sun Hung Kai Properties Development Co., Ltd. ("Sun Hung Kai Properties" or "Sun Hung Kai") established in 1967, and is one of the largest property and facilities management companies in Hong Kong. Currently, it manages over 1,700 properties, including residential, hotels and serviced apartments, shopping malls, commercial buildings, industrial and trade buildings, recreational facilities, government and school facilities, etc., forming the largest community in Hong Kong, widely trusted by all walks of life. After more than half a century of continuous development and innovative efforts, the Kowloon brand has already deeply rooted in the hearts of the people. In response to market needs and in conjunction with Sun Hung Kai Properties' real estate development and investment business, Kowloon has successively established several property management companies since 2000, including: "Tianrui Hospitality Services Co., Ltd." (property management company license number: C-469457) Cooperate with Kowloon Industry to provide services to major properties in Hong Kong. In recent years, Kowloon Industry has been keen to expand its property management services to the Chinese mainland, and to provide quality property management services to New World Development's mainland residential properties, including "Yi Cui Garden" in Zhongshan, "Yu Hua Garden" in Huadu, Guangzhou, and "Lungui" in Dongguan. Hong Yip Service Limited ("Hong Yip" or "Company") (Property Management Company Licence No.: C-619311), established in 1967, is a wholly-owned subsidiary of Sun Hung Kai Properties Limited ("Sun Hung Kai Properties" or "SHKP"). It is one of the foremost specialist property and facility management companies in Hong Kong. Currently Hong Yip is managing over 1,700 building blocks, including residences, hotels and serviced apartments, shopping malls, commercial buildings, industrial buildings, recreational facilities, as well as government and institutional facilities, forming a large community network in Hong Kong and earning the trust from the market. With over 55 years of experience in property and facility management, Hong Yip has been upholding our parent company SHKP´s commitment to "Building Homes with Heart" and the principle of "Serving Customers with Heart,". We continuously improve our service quality to exceed customers' expectations and maintain our leading competitive edge in the industry. Our commitment and dedication have proven successful, not only resulting in steady business growth but also earning recognition from customers, business partners and various sectors. With a proven track record over half decade, Hong Yip has been enjoying enviable status in the community. In response to the need of the growing market and align with SHKP's property development and investment businesses, Hong Yip has set up several more property management companies to collaborate with Hong Yip in serving properties in Hong Kong, including: Grandeur Property Management Co. Ltd. (Property Management Company Licence No.: C-778563) Royal Elite Service Company Limited (Property Management Company Licence No.: C-943544) Maison Platinum Service Company Limited (Property Management Company Licence No.: C-469457) In recent years, Hong Yip has also been determined to expand its property management services to mainland China, providing quality property management services for SHKP's residential developments in mainland China, including "The Woodland" in Zhong Shan, "Park Royale" in GuangZhou Haudu and "Grand Waterfront" in Dongguan, PRC.

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