Longguang Group Co., Ltd. (“Longguang Group” or the “Group”) was founded in 1996 and listed on the main board of the Hong Kong Stock Exchange in 2013 (stock code: 3380.HK). It entered overseas and the Hong Kong Special Administrative Region in 2017. It has national-level qualifications for real estate development, national-level qualifications for general contracting in construction engineering and engineering design. Longguang Group is a comprehensive urban service provider dedicated to building a better life. Since its establishment, the Group has adhered to the brand concept of “building a city with responsibility, building a home with heart”, implemented a four-wheel drive strategy for housing development, urban renewal, commercial operation, and industrial chain services, and nationalized the Guangdong-Hong Kong-Macao Greater Bay Area, the Yangtze River Delta core metropolitan area, and the southwest and central urban agglomerations. As of December 31, 2022, the medium- and short-term land storage area that the Group can develop is about 28.62 million square meters. Among them, the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta region account for more than 70% of the land storage value, and the urban layout structure is relatively good. After more than 20 years of development, the Group has formed product lines such as Tiansi, Jiu Series, and Jiangnan. So far, it has developed more than 200 real estate projects to provide high-quality human settlements services to more than one million people. Adhering to a sustainable development strategy, the group received an “A” ESG rating from MSCI, a world-renowned index compiling company, and a “AAA” rating from China Chengxin International Credit Rating Co., Ltd. and United Credit Assessment Co., Ltd.
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