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Our property leasing business is principally engaged in (i) leasing our commercial properties held for investment; and (ii) leasing properties owned by third party purchasers of our Group’s commercial properties.

Leasing of our investment properties - Red Star Macalline Products Mall at the in Xinming International Household Products Mall
Our Company entered into exclusive operation and management agreements with Red Star Macalline Household Group Company Limited (“Red Star Macalline”) to manage our investment properties at the Red Star Macalline Household Products Mall, which is located within the Xinming International Household Products Mall, and the Wenshang Times‧Red Star Macalline Household Products Market.



Leasing of properties owned by third party purchasers of our commercial properties - Construction Materials Trading Centre in Xinming International Household Products Mall and Wenshang Times • Xinming Household Decorations and Fittings City​

We have entered into exclusive management and operation with the Property Buyers of our commercial properties at the Construction Materials Trading Centre in Xinming International Household Products Mall and Wenshang Times • Xinming Household Decorations and Fittings City to manage and control the leasing of such properties. We will be able to derive rental income by leasing to tenants with business profile consistent with that of our Construction Materials Trading Centre and Wenshang Times • Xinming Household Decorations and Fittings City.  


 
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