China Shipping Real Estate (hereinafter referred to as the "Company") is affiliated to China State Construction Group Co., Ltd. It was founded in Hong Kong in 1979 and listed on the Hong Kong Stock Exchange in 1992 (stock code: 00688.HK, referred to as "China Overseas Development"). Selected as a constituent stock of the Hang Seng Index. The company has 38 years of experience in real estate development and real estate operation and management, with business in New York, London, Sydney, Hong Kong, Macao and more than 60 cities in the mainland, with a total of more than 450 development projects. by the end of 2016, the company's total assets reached HK $571.3 billion and net assets of HK $222.3 billion. In 2016, it achieved a sales contract value of HK $210.6 billion and a net profit of HK $37.02 billion, leading the industry in operating efficiency. In 2017, the three major international rating agencies gave the company credit ratings: Moody's Baa1, Standard & Poor's BBB, and Fitch A- , with the credit rating remaining industry-leading. Zhonghai Real Estate is positioned to become an excellent international real estate development and operation group. After 38 years of development, China Overseas Real Estate has established three industrial clusters: "Residential Development", "Urban Operation", and "Creative Design and Modern Services. Located at the intersection of Weijin South Road and Wujiayao Street in Nankai District, Tianjin (Tianjin) Zhonghai Balitai Urban Complex Project and Sixin Building located at the northwest corner of Zhonghai Fuxing Jiuli on Heiniucheng Road. In 2017, the procurement AS-FL960/970 speed gate has a total of 17 channels to manage and control the entry and exit of building staff and visitors.