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Founded in 1996, Rongsheng Real Estate Development Co., Ltd. (abbreviated as Rongsheng Development) was established in December 1996 as a listed company, which started with housing development, focused on medium-sized urban real estate development and integrated real estate development / tourism investment / financial investment / Internet innovation and other businesses. Headquartered in Langfang City, Hebei Province, known as the "bright pearl on the Beijing Tianjin corridor", Rongsheng development has made great progress in business scale and business field after more than 20 years of development. It has grown from the beginning of ordinary residential development to a national large multi industry comprehensive group company integrating real estate development, tourism investment, financial investment, Internet innovation and other businesses. Rongsheng's business performance continued to grow, and the scale of the enterprise continued to expand. By the end of the report period of the 2018 half year report, the land reserve has reached 36.3013 million square meters, and the total assets have reached 205.4 billion yuan. By the end of September 2018, Rongsheng's business scope has been expanded to 66 cities including Tianjin, Chongqing, Hebei, Hainan, Liaoning, Zhejiang, Sichuan, Guangdong, etc., and successfully settled in pasovski, South Moravia, Czech Republic. So far, the total number of development projects has exceeded 200. From 2016 to 2020, during the "Five Five Year Plan" period of value prosperity development. Rongsheng development actively complies with the new normal of the market, adheres to the "market-oriented, customer-centered and quality-based" brand concept of "creating a new life", and creates a happy, healthy and rich new life style for consumers. The company will transform and upgrade into a multi industry comprehensive group with "big real estate as the backbone, big health and big finance as the two wings, Internet and other emerging industries as the auxiliary", committed to becoming a lifestyle operator with standardized management, cutting-edge mode, healthy operation, outstanding comprehensive strength, high reputation and great development potential. During the "Five Five Year Plan" period (2016-2020) of Rongsheng's market positioning development, the company will be built into an adaptive and promoter of "new normal" and a lifestyle operator composed of a variety of high connected formats. After five years of struggle (2016-2020), the development strategy has basically completed the overall industrial layout required by the transformation, forming a multi industry integrated group company with big real estate as the backbone, big health, big finance as the two wings, Internet and other emerging industries as the auxiliary; promoting the transformation of the company from a real estate developer to a management standard, model frontier, operation health, outstanding comprehensive strength, high reputation and development Lifestyle operators with great exhibition potential. The long-term goal (2015-2035) is to become one of the large-scale real estate suppliers in China and establish the domestic brand status.

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