On 5 September 2019, Chengdu North Star, a subsidiary of the Company (as the principal) entered into the General Construction Contract with CCSEB First Company (as the contractor) in respect of the construction of Chengdu Project, pursuant to which CCSEB First Company agreed to undertake the construction of Chengdu Project, be responsible for the civil works, installation and construction, water supply and drainage, fire protection, electrical engineering and other works under Chengdu Project.