China Resources Vientiane Life Co., Ltd. (hereinafter: China Resources Vientiane Life, stock code 1209.HK) is a member company of China Resources Land, a strategic business unit of China Resources Group, a Fortune 500 company. It is a leading property management and commercial operation service provider in China. China Resources Vientiane Life adheres to the corporate vision of “becoming an urban quality of life service provider trusted and loved by customers”. With excellent operational service capabilities, rich ecological resources and a strong integrated membership system, China Resources Vientiane Life strives to build a “full business format, all customers, all products and full service” urban quality of life service platform. The business management business focuses on the high-end and quality shopping center circuit. With “Vientiane City”, “Vientiane Tiandi” and “Vientianhui” as the core brands, it maintains high-quality large-scale development with industry-leading commercial operation capabilities and continues to build “China's No. 1 Commercial Operation Management Brand”. The property management business focuses on the three tracks of quality communities, urban public spaces, office buildings and industrial parks. With “Vientiane Service” as its core brand, it adheres to a global and full-business layout, and strives to become “the most influential urban space operator service provider in China”. As of December 31, 2021, the construction area of residential and commercial properties that China Resources Vientiane Life provides property management services has reached about 164.8 million square meters, and the construction area of shopping malls and office buildings providing commercial operation services is about 90 million square meters. In the future, the company will increase investment in scientific and technological capabilities, take scientific and technological innovation as the company's core advantage, and continue to build an integrated ecosystem to help cities develop and lead a better life.
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