The relationship between Runjian Holdings Limited and China Resources

Runjian Holdings Limited is a holding company under China Resources Group, which was established in 2005 and headquartered in Hong Kong. Runjian Holdings specializes in real estate development, property management and hotel management. China Resources Group is a state-owned enterprise in Chinese mainland, covering real estate, infrastructure, medicine, energy and other fields. China Resources Group is the parent company of Runjian Holdings, holding shares in Runjian Holdings. The relationship between two companies can be understood as the relationship between parent company and subsidiary company.