On November 30, 2017, Shanghai Longhu Property Development Co., Ltd. and Shanghai Lingang Science and Technology City Investment Development Co., Ltd. signed a strategic cooperation agreement. Mr. Shao Mingxiao, CEO of Longhu Group, and President of Shanghai Lingang Holding Co., Ltd. and President of Lingang Technology City of Lingang City Ding Guikang Mr. Xie attended the signing ceremony and signed a comprehensive strategic cooperation agreement. The two sides will carry out in-depth cooperation on the integration of production and production.

Cooperation will focus on cooperation in commercial and industrial parks, promote the collaborative innovation of industry, universities, and research institutes, accelerate the landing and industrialization of R&D results, improve the regional social service system, promote the integration of cities and towns, and promote the transformation of economic structure innovation. The cooperation actively responded to the regional development direction of the creation of the G60 Science and Education Corridor in Songjiang District, and helped Shanghai build a “science and innovation center with global influence”.

At the signing ceremony, Mr. Ding Guikang, President of Shanghai Lingang Holdings Co., Ltd., Chairman of Songjiang Science and Technology City of Lingang City, and Mr. Shao Mingxiao, CEO of Longhu Group, delivered speeches on behalf of the two parties. The two sides agreed that this strategic cooperation is a new joint exploration of state-owned enterprises and private enterprises, giving full play to their respective strengths, and exploring the integration of cities and towns, and will better promote the promotion of regional industry energy levels and the integration of production and cities. Ding Guikang stated that Longhu’s business has a strong presence, popularity and reputation in China. Lingang Group is a leader in industrial real estate in Shanghai and expects multi-dimensional cooperation in the industry.

Shao Mingxiao pointed out that Lingang Group has polished its products for a decade, and the unanimity of values is the foundation for the two groups to work together. In the face of new opportunities and new challenges, the Longhu team will use “innovation” to solve the difficulties and go all out. Wenzhou Long, general manager of Shanghai Longhu, stated that Longhu entered Shanghai in 2007. It has successively completed projects in Songjiang such as Haowang Mountain, Jinyu Mansion and Xinyi City. This piece of land in Songjiang is of great significance to Shanghai Longhu. Longhu has a sincere attitude and hopes that the two teams will work together to create more opportunities for the local economy and future development.

Shi Qi, party secretary of Xinqiao Township, Songjiang District, deputy general manager and chief engineer of Linggang Science and Technology City of Lingang, Bi Zhenggen, Yang Lingyu, chief economist of Songjiang Science and Technology City of Lingang, Jiang Shichang, deputy general manager of Lingang Science and Technology City of Lingang, Shanghai Longhu Real Estate Development Co., Ltd. Li Yanfang, deputy general manager of the company, Lu Wei, investment director of the Investment Development Department of Shanghai Longhu Real Estate Development Co., Ltd., and Zhang Qiang, regional investment director of Shanghai Longhu Commercial Operation Department attended the signing ceremony.

Shanghai Lingang Songjiang Science & Technology City Investment Development Co., Ltd. was founded in 1995, adhering to the corporate mission of “promoters of industrial development and urban renewal constructors”, and mainly undertakes planning and construction, investment promotion, and industrial investment in the development zone of Songjiang Science and Technology City in Lingang. The management and operation are the radiation and extension of Lingang Group's brand and function in Songjiang and other regions. As the first demonstration base for “cooperation between regions and brands” in Shanghai, Songjiang Science and Technology City of Lingang achieved good results in mechanism innovation, industrial upgrading, urban renewal, service integration, joint value-added preservation of state-owned assets and collective assets, and land intensive use. Achievements; successively obtained a number of honors such as National IP Pilot Park, Shanghai “Sixin” Economic Innovation Base, Shanghai Industrial Park Transformation and Upgrading Pilot Park, Shanghai “Entrepreneurship Incubation Demonstration Base”, and in particular “District Cooperation”. The development mechanism of “Linkage” has been highly recognized by the leaders of the central government and Shanghai municipal government, and has been hailed as the “new bridge model” for the development of industrial parks.

Longhu Group was founded in Chongqing in 1993 and has developed throughout the country. The business involves real estate development, commercial operations, property services, and long-term rental apartments. In the first half of 2017, sales reached 92.6 billion yuan, which was rated as the top 50 of Forbes Asia's best listed companies. With the enhancement of Longhu's comprehensive strength, the development and operation of industrial real estate has become a new direction for strategic development. Shanghai is the most important strategic city in Longhu's national layout. Over the past decade, Longhu has brought Longhu quality residential, office, commercial, and long-term rental apartments to Shanghai to help Shanghai's urban upgrading. Up to now, Shanghai Longhu has developed a total of 18 projects covering villas, high-rise apartments, elevator houses, commercial complexes, and commercial offices. On December 16th, another TOD-type Longhu Baoshan Tianjie Street will be opened soon, with the opening of Longhu Hongqiao Tianjie for one year to enhance the regional comprehensive commercial service energy level; on October 20, Shanghai Guanyu held a brand conference, 20 stores With more than 8,000 rooms, Longhu provides hired and homogeneous living services for the rental crowd in Shanghai, and the Longhu Joint Office brand, Yifang Space, which opened for one year is the largest joint office space in Hongqiao Business District. The company has a rental rate of 92%.