Greentown China Holdings Limited is a quality property developer and integrated living service provider in china. It maintains a leading position in the industry by virtue of the quality of its products, its unique architectural aesthetics and customer- focused services, and is committed to being the "No. 1 integrated service provider for an ideal life". The Company was awarded the "Top 10 chinese real estate enterprises by comprehensive strength" for the 13th consecutive year by the development research center of the state council of the PRC, the institute of real estate studies at tsinghua university and the china index academy, and was once again named as one of the "Top 10 brands of chinese real estate companies (diversified ownership)" for the 14th consecutive year with a brand value of RMB29.076 billion. Meanwhile, with its efforts in the construction of social security housing and charity and community services, Greentown was reelected as one of "China's socially responsible real estate enterprises" for many years, and was recognized as a "2017 China leading real estate brand by customer satisfaction" for its product and service quality.

Greentown China Holdings Limited is a mixed ownership enterprise engaging in the business of property development, building of unique towns, project management, asset operation and living services. It maintains a leading position in the market with high construction quality and excellent living services. Over 23 years of development, Greentown has over 300 member companies and its scope of business covers more than 20 provinces, autonomous regions and direct-controlled municipalities. It has presence in over 100 cities, having constructed more than 400 exquisite property complexes.

On 8 June 2012, Wharf was introduced as a strategic shareholder of Greentown. The aggregate investment from Wharf amounted to approximately HK$5.1billion(equivalent to approximately RMB4.16 billion), including the subscription of approximately 490 million placing shares and the subscription of convertible securities (which have been redeemed in full in February 2014). As at the date of this report, Wharf (through its wholly-owned subsidiary) held approximately 25.0% of the total issued share capital of the Company.

On 27 March 2015, CCCG completed the share transaction with Mr SONG Weiping and other related shareholders pursuant to which CCCG acquired an aggregate of 524,851,793 shares of the Company at HK$11.46 per share in cash (representing a total consideration of approximately HK$6.015 billion). On 4 June 2015, CCCG acquired another 100 million shares of the Company at HK$11.46 per share. As at the date of this report, CCCG held approximately 28.9% of the total issued share capital in the Company, making it the single largest shareholder of Greentown.

Being a professional developer of premium property in the PRC, Greentown Group has always insisted on innovation and continued to explore the relationship between humans and dwellings with excellent accomplishment in the low-rise, multi-storey and high-rise residential properties. Based on the construction of beautiful architecture, Greentown Group is committed to building a better life for more people. It will continue to focus its development on the first-tier and second-tier cities like Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Tianjin, Nanjing, Chongqing and Jinan, as well as major cities overseas. As at 30 June 2017, the premium land bank of Greentown Group comprised a total GFA of over 30.57 million sqm ensuring the sustainable and steady development of the Company in the coming future. With its quality human resources and highly effective corporate management structure, Greentown has established an outstanding brand image in all cities where it operates. The Group's experience in developing numerous high-quality projects and outstanding operational capabilities accumulated so far has provided a strong momentum for its further expansion.

Since September 2010, Greentown Group has commenced the project management business. In September 2015, the Company acquired Greentown Dingyi Real Estate Investment Management Company Limited and Greentown Shidai City Construction & Development Company Limited, and established the Greentown Project Management Group. The Company has already undertaken an orderly integration of businesses, management teams and governing systems and led the industry with a complete standardized system of "Project Management 4.0",bringing in an increasingly sophisticated asset-light operation model and fast-growing business. In June 2016, the Company undertook a restructuring of Bluetown, involving, among other matters, the integration of the project management business of Bluetown with the Greentown Project Management Group. As a result, the new Greentown Project Management Group has further expanded its scale. As at 30 June 2017, the total number of projects managed by the new Greentown Project Management Group, taking into account the restructuring as set out above,has reached 165 in total with a planned total GFA of approximately 49.65 million sqm. To date, the Greentown Project Management Group has evolved into the largest and the most professional asset-light real estate operation group in China.

In 2017, a brand new management structure and business development layout in the form of the "Five in One" organizational control system was established, with Greentown China being the core and five sub-groups, namely Greentown Real Estate, Greentown Project Management, Greentown Asset Management, Greentown Town Development and Greentown Ideal Life. With the full support of CCCG and Wharf, a Hong Kong blue-chip enterprise, together with our founder Mr. SONG Weiping, a renowned entrepreneur in China's real estate industry, and other substantial shareholders, the five business segments will hand in hand build the brand of "No. 1 integrated service provider for an ideal life in China", facilitate the transformation of Greentown China from the "home builder" to "lifestyle builder", and uplift the future core competitiveness of Greentown China.