Group 1 - Tianjin Tai Ru Enterprise Management Co., Ltd. has been established with a registered capital of 12 million RMB [1] - The legal representative of the company is Zhao Shuangfu, and it is wholly owned by Mingxinda Management Co., Ltd. [1] - The business scope includes enterprise management, consulting, supply chain management services, and information consulting services [1] Group 2 - The company is registered in the Tianjin Free Trade Zone, specifically in the Airport Economic Zone [1] - The business type is a limited liability company wholly owned by Hong Kong, Macao, and Taiwan entities [1] - The registration authority is the Market Supervision Administration of the China (Tianjin) Free Trade Zone [1]

Core Viewpoint - Nanjing Lianjia Yunzhu Commercial Management Co., Ltd. has been established with a registered capital of 3 million RMB, fully owned by Shanghai Lianjia Yunzhu Commercial Management Co., Ltd. [1] Company Summary - The legal representative of Nanjing Lianjia Yunzhu Commercial Management Co., Ltd. is Huang Shubao [1] - The company is classified as a limited liability company with natural person investment or control [1] - The registered address is Room 1107, 11th Floor, Tian Sheng Center B, No. 129 Keyuan Road, Jiangning District, Nanjing [1] - The business scope includes residential interior decoration, construction project management, hotel management, and various technical services [1] Industry Summary - The company operates within the rental and business services industry, specifically in comprehensive management services [1] - The business activities are subject to approval by relevant authorities for certain projects [1] - The operational period is set from February 26, 2026, with no fixed end date [1]

Core Insights - Tianjin Houhe Enterprise Management Center (Limited Partnership) has been established with a capital contribution of approximately 6 billion RMB [1][1][1] - The executive partner is Beijing Yingshi Investment Management Co., Ltd., which is co-funded by CITIC Financial Assets and its subsidiary [1][1][1] - The business scope includes enterprise management, enterprise management consulting, and information consulting services [1][1][1]

Core Viewpoint - Shanghai Meikailong Commercial Management Service Co., Ltd. has been established, focusing on brand management, enterprise management, commercial complex management services, enterprise management consulting, and information consulting services [1] Company Summary - The new company is wholly owned indirectly by Meikailong [1] - The business scope includes various management and consulting services, indicating a strategic expansion in service offerings [1]

Core Viewpoint - Guang'an Jiatu Enterprise Management Co., Ltd. has been established with a registered capital of 2.1 million RMB, fully owned by Guang'an Jiayan Intelligent Technology Co., Ltd. [1] Company Summary - Company Name: Guang'an Jiatu Enterprise Management Co., Ltd. [1] - Legal Representative: Qiao Tian [1] - Registered Capital: 2.1 million RMB [1] - Shareholder: Guang'an Jiayan Intelligent Technology Co., Ltd. holds 100% [1] - Company Type: Limited liability company (wholly owned by a natural person) [1] - Business Scope: Includes management consulting, human resources services (excluding employment agency activities), information technology consulting, labor services (excluding labor dispatch), property management, economic consulting, safety consulting, supply chain management, energy management, data processing and storage support, corporate headquarters management, software development, and financial consulting [1] Industry Summary - Industry Classification: Rental and Business Services > Business Services > Comprehensive Management Services [1] - Address: Room 310, Building 6, No. 888, Shengan Avenue, Qianfeng District, Guang'an City, Sichuan Province [1] - Business Duration: Until February 9, 2026, with no fixed term thereafter [1] - Registration Authority: Guang'an Market Supervision Administration [1]

Core Viewpoint - Jiangsu Qinghe Asset Liquidation Co., Ltd. has been established with a registered capital of 10 million RMB, fully owned by Beijing Hongmao Runfang Information Consulting Co., Ltd. [1] Company Summary - The legal representative of Jiangsu Qinghe Asset Liquidation Co., Ltd. is Yin Zhiyuan [1] - The company is classified under the rental and business services industry, specifically in comprehensive management services [1] - The registered address is Room 1130, Yucai West Road 17, Gucheng Village, Gucheng Street, Gaochun District, Nanjing [1] - The company type is a limited liability company (wholly owned by a natural person) [1] - The business term is from January 29, 2026, with no fixed expiration date [1] Business Scope - The business scope includes bankruptcy liquidation services, financial institution commissioned information technology and process outsourcing services (excluding financial information services), fiscal fund project budget performance evaluation services, financing consulting services, unit logistics management services, enterprise headquarters management, enterprise management, and bill information consulting services (excluding projects that require approval by law) [1]

Core Viewpoint - XuZhou CaiSui Enterprise Service Co., Ltd. has been established with a registered capital of 4.5 million RMB, fully owned by Hainan XinYaoXiang Enterprise Management Co., Ltd. [1] Company Information - Company Name: XuZhou CaiSui Enterprise Service Co., Ltd. [1] - Legal Representative: Yang WeiXian [1] - Registered Capital: 4.5 million RMB [1] - Shareholder: Hainan XinYaoXiang Enterprise Management Co., Ltd. holds 100% [1] - Business Scope: Includes enterprise management, consulting, brand management, marketing planning, and educational consulting (excluding licensed activities) [1] - Company Type: Limited liability company (wholly owned by a legal entity) [1] - Business Address: Room B-716, Hengsheng Jiayuan, No. 13-14, Erhuan West Road, Quanshan District, Xuzhou City, Jiangsu Province [1] - Business Duration: Until January 28, 2026, with no fixed term [1] - Registration Authority: Xuzhou City Quanshan District Administrative Service Management Office [1]

Core Viewpoint - A new company, Hangzhou Shouxian Valley Commercial Development Co., Ltd., has been established with a registered capital of 100 million RMB, focusing on various business management services and real estate leasing [1] Company Summary - Company Name: Hangzhou Shouxian Valley Commercial Development Co., Ltd. [1] - Legal Representative: Li Zhenyu [1] - Registered Capital: 100 million RMB [1] - Company Type: Limited liability company (natural person investment or holding) [1] - Business Address: 9th Floor, Room 9137, Ming Shi Commercial Building, 515 Ming Shi Road, Shangcheng District, Hangzhou, Zhejiang Province [1] - Business Scope: Includes management services for commercial complexes, enterprise management, consulting, non-residential real estate leasing, social and economic consulting services, and information technology consulting services [1] Shareholding Structure - Shareholder 1: Hangzhou Gufu Enterprise Management Co., Ltd. - 70% [1] - Shareholder 2: Zhejiang Shouxian Valley Investment Management Co., Ltd. - 30% [1] Industry Classification - National Standard Industry: Rental and Business Services > Business Services > Comprehensive Management Services [1] - Business Duration: Until January 27, 2026, with no fixed term thereafter [1] - Registration Authority: Market Supervision Administration of Shangcheng District, Hangzhou [1]

Core Viewpoint - Guizhou Hongsheng Management Co., Ltd. has been established with a registered capital of 10 million RMB, fully owned by Guizhou Barium City Trading Co., Ltd. [1] Company Summary - Company Name: Guizhou Hongsheng Management Co., Ltd. [1] - Legal Representative: Long Zhanghong [1] - Registered Capital: 10 million RMB [1] - Shareholding Structure: 100% owned by Guizhou Barium City Trading Co., Ltd. [1] - Business Scope: Includes management services, non-residential real estate leasing, land use rights leasing, housing leasing, enterprise management, and property management [1] - Company Type: Limited liability company (wholly owned by a legal entity) [1] - Business Duration: Until January 21, 2026, with no fixed term thereafter [1] - Registration Authority: Market Supervision Administration of Tianzhu County, Qiandongnan Miao and Dong Autonomous Prefecture [1] Industry Summary - Industry Classification: Rental and Business Services; Business Services; Comprehensive Management Services [1] - Location: Guizhou Province, Qiandongnan Miao and Dong Autonomous Prefecture, Tianzhu County [1]

Core Viewpoint - Recently, Puhui (Liaocheng) Investment Co., Ltd. was established with a registered capital of 3 billion RMB, indicating a significant investment initiative in the region [1] Group 1: Company Overview - The legal representative of Puhui (Liaocheng) Investment Co., Ltd. is Zhu Jiandi [1] - The company is a limited liability company (state-owned holding) with a business scope that includes investment activities, enterprise management, and consulting [1] - The registered address is located at the Office Building of the Management Committee, East Changdong Road, Liaocheng Economic and Technological Development Zone, Shandong Province [1] Group 2: Shareholding Structure - The major shareholders and their respective ownership percentages are as follows: - Liaocheng Caixin Venture Capital Co., Ltd. holds 5.9999% - Liaocheng Ronghe Agricultural Development Co., Ltd. holds 4.6667% - Xinxian Yunzhi Enterprise Management Service Co., Ltd. holds 4% - Liaocheng Economic Development Holding Group Co., Ltd. holds 2.6667% - Linqing State-owned Assets Management Co., Ltd. holds 2.6667% [1] Group 3: Business Duration and Registration - The business duration is set from January 16, 2026, to an indefinite period [1] - The registration authority is the Market Supervision Administration of Liaocheng Economic and Technological Development Zone [1]