About SHUN TAK HOLD Company

Shun Tak Group Limited (the “Company”) and its subsidiaries (the “Group”) are leading listed large-scale integrated enterprises with core businesses including real estate, transportation, hotels and leisure and investment. The Group was established in 1972 and has been listed on the Hong Kong Stock Exchange (HKSE 242) since 1973. real estate The Group has also achieved remarkable results in the development of the real estate markets in Macau, China and Hong Kong, China. The Group is one of the Hong Kong listed companies with the largest floor area available for development in Macau. It occupies an important position in the Macau real estate market and owns a series of property development projects. In recent years, it has also entered the Greater China real estate market through investment projects in Tongzhou and Dongzhimen in Beijing and the Hengqin New Area in Zhuhai. The Group and Hong Kong Land Holdings Limited jointly developed the project “Plaza One”, which is located in a prime location on the Macau Peninsula. The project consists of seven luxury residential towers, a flagship shopping mall, a five-star Mandarin Oriental hotel, and serviced residences managed by the hotel group. The Palace Metropolis in Taipa is one of the largest luxury residential developments in Macau. The project includes stylish residential units, world-class gardens and clubhouse facilities. The first four issues were well received by the market when they went on sale. The fifth phase introduced China Construction International Group Co., Ltd. as a cooperative development partner to jointly develop the residential part of the project. Part of the house is located on top of a large fashion shopping center with a total floor area of over 650,000 square feet. After completion, it will become a hub serving the Taipa community. The Group occupies an important position in the Hong Kong real estate market by holding interests in commercial, residential and retail property projects. Shengyumon is the Group's latest residential development project, covering luxury residences and retail stores with a construction area of about 37,000 square feet. In 2012, the Group entered the real estate market in northern China for the first time through investment in the development of the first phase of the Beijing Tongzhou Comprehensive Development Project. Following this strategic deployment, the same joint venture consortium for the project acquired the second phase of the project. The first and second phase plots will be used uniformly to develop into a comprehensive project integrating retail, commercial, hotel and serviced residential elements facing the Beijing-Hangzhou Grand Canal. The Sindh Jinghui Center is wholly owned by the Group. It is located in Dongzhimen in central Beijing, close to the East Second Ring Road, close to the expressway leading to the airport, and covered by major railway and bus service networks. The property covers an area of 63,000 square feet, including office buildings and tourist and leisure elements. It is adjacent to central Beijing, the embassy district, and Yansha district. The Hengqin Comprehensive Development Project is a joint venture between the Group and Pengruili Hengqin Investment Group Co., Ltd. The plot enjoys unparalleled transportation advantages; it is directly connected to the port and commercial facilities connected to Macau. In the future, both Hengqin and Macau Light Rail will be directly accessible, and the Guangzhou-Pearl Intercity Express Rail will also be extended to the site. The plot will be developed into a comprehensive landmark project integrating offices, hotels, commercial and serviced residences. The Group also provides property management services for over 26 million square feet of residential, commercial and industrial properties in Hong Kong, China and Macau, China. transports The founding of the Group can be traced back to the opening of a shipping company in 1961 to operate ferry services between Hong Kong and Macau. In 1999, the Group strategically merged with China Travel Qiaofu Shipping Co., Ltd. and successfully established the “TurboJET” brand to strengthen the Group's shipping business and increase its market share. TurboJET is operated and managed by Sindh China Travel Shipping Investment Co., Ltd., connecting all major destinations in the Pearl River Delta (“Pearl River Delta”), including Hong Kong, China, Macau, Nansha and Shekou, to provide passengers with fast, reliable and comfortable maritime transportation services. In 2003, TurboJET launched the “TurboJET Airport Route” (formerly known as “Airport Jetflight”), connecting major international airports in the Pearl River Delta with ferries, forming a unique cross-regional sea and air transportation network. This sea-air transfer service connects passengers at major destinations in Macau and the Pearl River Delta to Hong Kong International Airport, strengthening the connection between the Pearl River Delta region and destinations around the world. In September 2011, TurboJET successfully acquired New World No. 1 Ferry Service (Macau), becoming currently the largest high-speed passenger fleet in the world, further consolidating its market leadership position in the region. This strategic move also shows the Group's determination to build a seamless maritime transport network for the Pearl River Delta region. Today, the Group participated in the operation and management of three key terminals in the region, including Hong Kong Haitian Passenger Terminal, Macau Outer Harbour Ferry Terminal, and Shenzhen Airport's Fuyong Wharf. The passenger terminal network managed by the Group strategically cooperates with the deployment of multi-mode transportation in the Pearl River Delta region. In June 2013, the Group cooperated with Qantas and China Eastern Airlines to invest in Jetstar Hong Kong Airlines Limited (“Jetstar Hong Kong”) and hold one-third of the company's shares. The relevant operating licences of Jetstar Hong Kong are awaiting approval by the relevant authorities. In terms of land transportation, the Group's joint venture, Macau Sino German Passenger Transport Co., Ltd., has an operating fleet of 144 vehicles and operates domestic and cross-border passenger bus services in major domestic cities and Macau. The huge sea, land and air transportation network coverage strategically creates a unique international multi-mode transportation service platform for the Group, so that the Group can fully grasp the opportunities brought by passenger flows from the Pearl River Delta and other parts of Asia. Hospitality and leisure In the late 1980s, the Group became a pioneer in high-end hotel services in Macau through investments in the former Mandarin Oriental Macau Hotel and Luhuan Haitian Resort (formerly the Westin Macau Resort). The award-winning Macau Tower Convention and Entertainment Center (“Macau Tower”), managed by the Group, is a major exhibition and tourist destination in Macau. In addition to exhibition services, the Macau Tower also offers a variety of dining options, the best sightseeing spots in the city, a comprehensive shopping experience, and the world's highest commercial pig jumping facility. The Group holds 70% interest in the Hong Kong Skycity Marriott Hotel. The hotel has 658 guest rooms and is close to Hong Kong International Airport and AsiaWorld-Expo. In 2013, the Group established Yachen Hotels Group to provide hotel management service solutions for hotel owners and developers, and to create and manage a series of luxury hotel brands rich in Asian style. The company also collaborated with the popular European hotel brand CitizenM to carry out Asian projects. This strategic expansion not only strengthened the Group's influence in the hotel service industry, but also seized opportunities for the booming development of the Asian tourism market, particularly those brought by increasingly affluent, tasteful and frequent travelers from mainland China. The group and Shanghai International Port (Group) Co., Ltd. jointly run Hailong Seafood Restaurant in Shanghai. It can accommodate 1,100 seats and is the largest Huafang restaurant in Shanghai. In 2009, the Sindh Tourism Industry obtained a full license for China's conference and exhibition services, making preparations to seize the opportunity to host various large-scale events in various regions of mainland China. Sindh Tourism provides one-stop and innovative tourism and exhibition solutions for corporate clients, trading partners and individual travelers. Its customers include large enterprises and leading brands, and it is becoming famous in China for tailor-made travel and leisure services for enterprises. invests The Group has diversified important investments in Macau, China and Hong Kong, China, including holding about 11.5% of the actual shares in Macau Travel and Entertainment Co., Ltd. (“Macau Entertainment”) and about 54.92 percent of the actual shares in Macau Gaming Holdings Limited (“Aobo Holdings”), which is listed in Hong Kong; Aobo Holdings holds all interests in Macau Gaming Co., Ltd., one of the six operators granted a license to operate casino gaming by the Macau SAR Government. The Group's retail division, Macau East-West Co., Ltd. develops the local consumer and tourist market for the younger generation by operating Toys “R” Us. Through forming a tripartite consortium with partners, the Group was approved for a ten-year lease agreement for the development of the new cruise terminal project in Kai Tak. The new cruise terminal can accommodate a new class of large cruise ships, helping Hong Kong develop into an international cruise center.