Relationship between Harbin Investment Group and Harbin Investment Co., Ltd.

Subsidiary company. Sina shares inquiry shows that Harbin Investment Company is the investment and financing platform of Harbin Investment Group, so the relationship between Harbin Investment Group and Harbin Investment Company is a subsidiary. Harbin Investment Group Co., Ltd. (hereinafter referred to as Harbin Investment Group) was established in 1988, which is the investment and financing platform for major projects of the municipal government and the state-owned assets management institution.