Wanbao Shenghua Greater China Co., Ltd. (“Marlboro Shenghua Greater China” or the “Company”, together with its subsidiaries, the “Group”) provides comprehensive human resources solutions and other human resources (“Human Resources”) services to customers in various markets located in the Greater China region (i.e., the People's Republic of China (“China” or “Mainland China”), Hong Kong Special Administrative Region of China (“Hong Kong”), Macau Special Administrative Region of China (“Macau”) and Taiwan) (collectively “Greater China”). ManpowerGroup Inc. (“MAN”), the Group's largest stakeholder, is listed on the New York Stock Exchange and is a global leader in human resources solutions and services. Since 1997, it has advanced the Greater China region and developed operations in Hong Kong and Taiwan. It then entered mainland China and Macau in 2003 and 2007, respectively. As of June 30, 2023, the Group served many enterprises and government customers in more than 270 cities in the Greater China Market and operated 44 offices. With MAN's global reputation, the Group has continuously innovated for more than 20 years, established deep relationships with multinational and local customers doing business in Greater China, and won outstanding brand recognition. For the six months ended June 30, 2023 (the “Period”), the Group has provided services to about 280 Fortune 500 companies and well-known local public and private employers. Over the years, the Group has maintained good financial performance and brought reasonable returns to its shareholders. On July 10, 2019, Marlboro Shenghua Greater China was successfully listed on the main board of the Hong Kong Stock Exchange Limited (“Stock Exchange”) (the “Stock Exchange”), with stock code 2180. With MAN's strong support, Wanbao Shenghua Greater China continues to provide customers with tailor-made solutions, expand its business scale and market share, and fully grasp the potential for strong growth in the human resources service market.
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