First, we must always adhere to the main line of industrial promotion to carry out comprehensive development.

By drawing on the advanced planning concepts of cities around the world, the technology industry and its activities tend to be more integrated with the "industry" and "city".

Therefore, the science and technology real estate business is industry-led, and the park implements comprehensive real estate development that includes a variety of business formats.

For example, Beike Jiaxing Yangtze River Delta Innovation Park provides urban supporting formats for industrial research and development, including business, commerce, hotels, residences, city squares, etc., and through scientific planning and control of industrial formats, the contradiction between industry and city can be reconciled.

Conflicts are reduced to a minimum, thereby maximizing the functions of each business format and product premiums.

Second, there are clear development concepts and standards.

Beike Construction Group summarizes that its technology real estate business includes two product types: new technology city and high-end technology park. The former is an integration of three functions: industrial research and development area, business functional area and supporting residential area. It follows the principle of "promoting industry with city and prospering city with industry".

, livable and industrial, harmonious development" project concept to create an industrialized city.

Jiaxing Yangtze River Delta Innovation Park of Beike Construction Group is a model of a new science and technology city.

High-end science and technology parks are often specialized, such as our Qingdao Blue Biomedicine Industrial Park and Wuxi Zhongguancun Software Park Taihu Branch. They are developed according to the standards of "fresh and beautiful environment, complete supporting functions, high concentration of industries, and active independent innovation"

operations.

Third, we must adhere to the simultaneous construction of hard and soft environments and win with the "soft environment".

At the beginning of project development, Beike Construction Group actively worked with the local government and social business partners to integrate industrial development elements, such as comprehensive technology platforms, talent training, technology transactions, and government services.

, technology finance, equity investment, entrepreneurship coaching and other services.

Among them, we focus on providing venture capital (VC) and growth capital (PE) equity investments for settled companies, which not only supports the development and growth of companies, but also enriches our investment channels.

For example, we have built a large number of GMP and GLP laboratories in Qingdao Blue Biomedicine Industrial Park, and invested more than 50 million yuan to build a biotechnology experimental platform.

At the same time, together with Qingdao High-tech Zone Management Committee ***, we initiated the establishment of a bio-industry equity investment fund.

Fourth, technology real estate has a unique business model.

Among the three main businesses of "technology real estate, residential real estate, and commercial real estate", Beike Construction Group is committed to establishing a business structure with technology real estate as the leader and strategic coordination of residential real estate and commercial real estate. In the technology real estate business, through project sales, property management

Operations, industrial services, asset sales, asset securitization and other aspects to enrich the profit model. At the same time, due to the large investment and long cycle of technology real estate, the company must achieve sustainable development while holding and cultivating industrial properties.

Real estate and commercial real estate are strategic businesses to balance risks to ensure the quality of technology real estate projects.