Shangji Group Co., Ltd. (the “Company”) and its subsidiaries (the “Group”) are a comprehensive real estate development enterprise. Over the past 20 years, the Group has achieved business layout in more than 10 key cities of the People's Republic of China (“China”), including Shanghai, Shenyang, Dalian, Chengdu, Changsha, Jiaxing, Wuxi, and Haikou, and has successfully developed a number of high-end residential, office, commercial complex and star hotel projects. Among them, in Shanghai alone, the Group has successfully developed more than 20 projects. At the same time, the Group is actively exploring overseas market expansion and has successively established business in cities such as London, San Francisco, Sydney, and Phnom Penh in Cambodia. As an enterprise that started with a traditional real estate development business, the Group has accumulated rich experience in the fields of housing development, urban renewal, asset operation, etc., and has built high-end quality project brands such as Washington Tiandi, Aventree, and Oasis. In the future, the Group will make full use of its advantages, integrate industrial resources, and develop diversified. Through the strategic idea of “new city operation” + “new industry management”, the Group will develop simultaneously with the city, develop simultaneously with customers, effectively link and arrange diversified business in a timely manner, with the goal of “maximizing market value in the long term”.
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