Fosun Hive is the explorer of hive strategy for Fosun. Utilizing “Hive City + Global Landscape” as its core strategy, Fosun Hive is dedicated to becoming the world leading practitioner in its field. As a hub of industry resources, Fosun Hive consistently strengthens its sector capabilities. Over the years, Fosun Hive has successfully incubated and grown a number of business groups, including Intelligent Retail, Integrated Care, Commercial Circulation and Infrastructure and other industrial Groups. Fosun Hive will continue to implement the “Hive” strategy, e As a hub of industry resources, FOSUN HIVE HOLDINGS consistently strengthen its sector capabilities. Over the years, HIVE has successfully incubated and grew a number of business groups, including Fosun Intelligent Retail Group, Fosun Integrated Care Group, Fosun Commercial Circulation Group, Fosun Infrastructure Group and Fosun Education Group. FOSUN HIVE HOLDINGS will continue to implement the Hive strategy, expanding its property development capacities and empowering various Fosun portfolio businesses. Through deepening and strengthening industry operations, FOSUN HIVE HOLDINGS will continue to invest and grow businesses through Financialization, Globalization and Industrialization. Our constituent global platforms and teams include Sunyu Holdings, Golte, Resource and IDERA, Resolution Property, PAREF, Four Trees, Everest, Rio Bravo (RE）and Fosun Eurasia (RE） and our strategy will continue to evolve to nuture an expanding business clusters. Going forward, FOSUN HIVE HOLDINGS will strive for the implementation of HIVE strategy, which enables Fosun portfolio companies to acquire, operate and optimize major HIVE projects. FOSUN HIVE HOLDINGS will also focus on the opportunities created through upgrades of global urban centers. With ONE FOSUN, the integrated center of excellence in creating world-class products and services, FOSUN HIVE HOLDINGS will serve the happiness of every client’s family around the world.