The name change of the company aims to better reflect the existing business nature, strategic direction and development plan of the Group. Since its listing, Longguang Real Estate's main business has covered three major areas: real estate development, urban renewal and investment property operation, and has become a large-scale stock in the Hang Seng Composite Index. On the basis of consolidating the existing business development advantages and market leading advantages, Longguang Group will lay out the most valuable core areas of China, such as Guangdong-Hong Kong-Macao Greater Bay Area, the core metropolitan area of the Yangtze River Delta, the southwest and central urban agglomerations, and constantly cultivate new business growth points.