About SINO-OCEAN SERV Company

We are a comprehensive property management service provider with extensive geographical coverage in China. According to data from the China Index Research Institute, according to the 2023 Comprehensive Strength Index, we won many honors such as “2023 China's Top 100 Property Service Enterprises”, “2023 China's Leading High-end Property Service Enterprise”, “2023 Leading Property Service Enterprise with Chinese Characteristics - Excellent Property Management and Operation Property Enterprise”, and “2023 China's Leading Property Service Quality Brand”. Our history can be traced back to 1997. The beginning of our property management service was to focus on properties developed by Ocean Holdings (China's leading comprehensive property developer, whose shares are listed on the main board of the Stock Exchange, stock code: 03377). Since then, our geographical coverage has expanded from the Beijing-Tianjin-Hebei region to the Bohai Rim region and other regions of China (mainly in Tier 1 and 2 cities in China). We are headquartered in Beijing and operate in 84 cities in 28 provinces, municipalities and autonomous regions of China. As of December 31, 2023, our total contract area reached 136.1 million square meters. At the same time, we have 506 managed property projects in China, with a total construction area of 101.0 million square meters, including 321 residential communities, 68 commercial properties and 117 other properties. Our property management services cover a wide range of property types, including residential communities, commercial properties (such as shopping centers, office buildings), and public and other properties (such as hospitals, schools, government buildings and public service facilities). We also provide commercial operation services for shopping malls and office buildings, including pre-opening management services and operation management services. In addition to property management and commercial operation services, we also provide various community value-added services (including community asset value-added services, community life services and property brokerage services) to owners and residents of managed properties, as well as value-added services for non-owners, including pre-delivery services, consulting services and property engineering services to property developers and other property management companies.