On March 16, the Real Estate Industry Association of Henan Province issued the "Decision on Promoting Outstanding Associations, Outstanding Members, and Outstanding Individuals in Prefectural and Municipality in 2020" (Yu Real Estate Industry Association [2021] No. 4), document to evaluate and commend the development enterprises with excellent performance in the province during the epidemic period, Hengda Group was rated as "Excellent Member" and Chairman Xiaobing Li was rated as "Excellent operator".

Issued by Real Estate Industry Association of Henan Province

Decision on Announceing to Promote 2020 Prefectural and Municipal Outstanding Associations, Outstanding Members and Outstanding Individuals

In 2020, facing the impact of the COVID-19 epidemic and the tough situation of the real estate industry. Under the leadership of the board of directors, all staffs of Hengda Group, closely focusing on the 10 billion strategic plan, earnestly do a good job in the development and expansion of the project, and continue to improve the level of internal management, so that the Group has achieved remarkable results in all aspects of work, and the Group's real estate performance has hit a new record high of Hengda. The development of Hengda Group has entered the "fast lane", presenting a prosperous and vigorous upward situation, laying a solid foundation for the group to become bigger and stronger.