On the afternoon of August 30, 2018, the shareholders' meeting of the Cathay Pacific Canal (Suzhou) Investment and Development Co., Ltd. and the first meeting of the first board of directors were successfully held in the Qingshan Conference Center of Suzhou High-tech Zone. Mr. Su Zhijun, Chairman of the Board of Directors of the Group and Chairman of Cathay Pacific Canal (Suzhou) Investment and Development Co., Ltd. presided over the meeting. Five directors including Mr. Xuan Feifei, the president of the group, and Ms. Chen Shuizhen, the company's supervisor, attended the meeting. The parties attending the meeting heard the work report of Mr. Xiong Li, the general manager, revised the company's charter, and reviewed and approved the company's relevant system. Major leaders such as Huang Feng, director of Wushuguan Economic Development Zone and deputy director Wu Weifeng attended the meeting.

Cathay Pacific Canal (Suzhou) Investment and Development Co., Ltd. is an investment development platform jointly established by Guokai Finance, Suzhou New District Government and PNTG Group. The company's mission is to integrate capital, industry, construction, operation and other professional institutions to market innovation. The model, the initial investment in the development of Suzhou Canal Cultural Town, Science and Technology Industry New City, the University Institute and the public farms and other projects, with a high starting point, high specifications, high-level means to create a gateway to the northwest of Suzhou. In turn, with investment as the forerunner, we will give full play to the advantages of the national financial investment and loan linkage, and base ourselves on Suzhou to look to the whole country and help realize the great rejuvenation of the Chinese nation.