Beijing North Star Company Limited (the “Company”) was established by its sole promoter, Beijing North Star Industrial Group Limited Liabilities Company on 2 April 1997. The shares of the Company were listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) in May in the same year. In October 2006, the Company’s A shares were issued and listed on the Shanghai Stock Exchange.

The Company’s total registered capital is 3,367,020,000 shares, of which 2,660,000,000 shares (representing 79.002% of the total share capital) are A shares and 707,020,000 shares (representing 20.998% of the total share capital) are H shares.

The Company’s main business includes real estate development, convention and exhibition (including hotels) and commercial properties.

The real estate development business has continued to promote regional cultivation and expansion into new cities in recent years, gradually formed a multi-regional and multi-level development layout on a national scale, engaging in the business of diversified and multi-grade property development and operation involving residence, apartments, villas, office buildings and commercial properties. By the end of the Reporting Period, the development projects and land reserve of the Company are located in 15 core cities, including Beijing-Tianjin-Hebei, the Yangtze River Economic Zone, the Sichuan-Chongqing City Cluster, Hainan Free Trade Port and the Greater Bay Area of Guangdong, Hong Kong and Macau, and has established a synergistic development pattern of multi-business including residence, industrial complex, commercial and property services.

Convention and exhibition (including hotels) business relies on Capital Convention Group to vigorously integrate convention and exhibition resources, continuously strengthening the extension and expansion of new business and new technologies in the convention and exhibition industry. Actively promoting the layout and expansion of the whole industry chain of convention and exhibition, it has become a professional operator of the China International Fair for Trade in Services (“CIFTIS”), a high-end state government activities support service provider, an important carrier for the development of the capital’s international convention and exhibition industry, and a benchmark for the digital transformation of the convention and exhibition industry, being committed to building a first-class international convention and exhibition brand.

With the operation model of “Convention and Exhibition + Property”, the Company continued to enhance the integration of resources and industry interaction. The Company relies on Beijing North Star Commercial Management Co., Ltd. to operate and manage the business types such as office buildings, apartments and integrated commercial properties ancillary to convention, exhibition and properties professionally. By establishing a unified asset centre management model and empowering the property operation and management with intelligent technology, the Company has built a professional commercial property service brand with light asset output capability.