Chao Ling Wei

Zhaoqing Yihua Commercial Investment Co., Ltd. engages in the investment of commercial projects. Its business includes hotel management, leasing business, and sale of daily use department store, cultural sporting goods, textiles, clothing's, shoes and hats, daily sundry goods, medicine, food, health care products, household appliances, furniture, hardware products, lamps, home textiles, building materials, and handicrafts. The company was founded on June 25, 2016 and is headquartered in Zhaoqing, China.

Yunfu Tairui Baisheng Real Estate Development Co., Ltd. engages in the operation of real estate properties development. Its business activities includes tourism leisure project construction; tourism information services; landscaping engineering, construction, and advisory; and agriculture, sports, tourism, and hotel investment. The company was founded on February 28, 2011 and is headquartered in Yunfa, China.

Yi Hua Holdings Ltd. is an investment holding company, which engages in the management of retail store chain. The company operates through the following segments: Department Store, Supermarket and Convenience Store, Electrical Appliances, Furniture, Consulting Services, Property Investment, Property Development and Others. The Department store segment offers variety of merchandise, including watches, jewelries, cosmetics, handbags, leather goods, and children’s products, clothing, shoes, textiles, sports wear and beddings. The Supermarket and Convenience Store segment offers mainly daily essential products such as food and beverages, perishables and other household products. The Electrical Appliances segment offers a variety of electrical appliances ranging from large household electrical appliances, such as refrigerators, washing machines, air conditioners, televisions, kitchen appliances etc. to small household electrical appliances, such as rice cookers, hair dryers, toasters etc. The Furniture segment trades under the brand Yihua Shijia. The Consulting Service segment mainly includes market research and provision of advice on design, decoration and layout for properties. The Property Investment segment mainly includes development and leasing commercial properties in the PRC. The Property Development segment mainly includes development and selling residential properties, carparks and commercial properties in the PRC. The Other segment includes an investment accounted for using the equity method, which is engaged in sale and production of game console, educational software development and virtual reality business. Yi Hua Holdings was founded by Chen Jian Ren in 1995 and is headquartered in Zhongshan, China.

Zhaoqing Hualai Property Development Co., Ltd. engages in the development and operation of real estate property. Its business include property management. The company was founded on June 29, 2005 and is headquartered in Zhaoqing, China.