CONNECTED TRANSACTION IN RELATION TO ENTERING INTO GENERAL CONSTRUCTION CONTRACT
On 5 August 2019, CHRE, a subsidiary of the Company (as the principal) entered into the General Construction Contract with CCSEB (as the contractor) in respect of the construction of Wuhan Project, pursuant to which CCSEB agreed to undertake the construction of Wuhan Project, be responsible for the civil works, installation and construction, water supply and drainage, fire protection, electrical engineering and other works under Wuhan Project.