The relationship between Feng Britain and Shimao Group

Parent-subsidiary relationship. Fengying International is an international enterprise cluster focusing on real estate development. It has developed into a large enterprise group with Shimao Real Estate and Shimao Shares as its core. After more than 20 years of development, Shimao Group has become one of the leading enterprises in the real estate industry in China. Shimao Group ranks first in the land reserve of domestic commercial real estate listed companies, and is a commercial real estate listed company integrating commercial real estate development, operation, department stores, shopping malls, cinemas, children's parent-child parks and other business sectors. Fengying International is the parent company of Shimao Group, and the relationship between them is the parent company.