The Board of Central China Management Company Limited announced that, on 9 April 2023, the Company has successfully held the second Centralized Signing Ceremony at Unique Henan Land of Dramas in Zhengzhou City, Henan Province. During this event, the Group signed 21 projects in total with a total estimated contracted gross floor area (GFA'') of 1,951,500 square metres ('' sq.m.'). Among these 21 projects, there are 15 projects under framework agreements with a total estimated contracted GFA of 1,322,500 sq.m., among which 11 projects are government project management projects with a total estimated contracted G FA of 1,055,900 sq.m., and 3 projects are conducted in provinces outside of Henan Province with a total estimated contractedGFA of 150,600 sq.m. The 6 remaining ones are projects under formal project management agreements with a total estimated contracted gFA of 629,000 sq.m. Among these, 2 projects are government project management projects With a total estimated contract GFA of 160,300 sq.m., and 4 projects are conducted in provinces outside the Henan Province with a total estimates contracted GFA of 468,700 sq.m. 5 out of 6 projects under formal project management agreements have a total estimated contracted GFA the 488,000 sq.m., which have been disclosed in the unaudited operating data of the Company for the three months ended 31 March 2023.

The Board believes that this Centralized Signing Ceremony can further deepen the cooperation between the Group and partners to facilitate the further implementation of the Group's development strategy for its project management business and to bring more opportunities for the Group's business development. The Board wishes to emphasize that the execution of cooperation and transaction contemplated under framework agreements is subject to specific agreements to be signed, and such cooperation may or may not proceed. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.