GRANDJOY HOLDINGS GROUP CO.,LTD.

GRANDJOY HOLDINGS GROUP CO., LTD. is a national comprehensive real estate public company listed on the Shenzhen Stock Exchange since 1993. The company is primarily controlled by COFCO Corporation, one of the central state-owned enterprises in China. GRANDJOY focuses on various aspects of real estate, including development, leasing, and management of residential, commercial, and industrial properties. The company's operations are structured around a dual-wheel and dual-core development model, emphasizing both product and service innovation. GRANDJOY's residential offerings include several product lines tailored to different customer needs, while its commercial real estate segment features key developments such as Joy City, Joy Chunfengli, and Xiangyun Town. The company aims to enhance urban living through its diverse business portfolio, which also encompasses hotels, office buildings, long-term rental apartments, and property services, positioning itself as a provider of sustainable urban solutions and improved quality of life.

GRANDJOY adheres to the development model of "dual-wheel and dual-core". With dual-core power of "product + service" and "developement + management", it continuously creates new value growth points. Joy City Holdings is positioned as the strategic direction of "urban operator and better life service provider", shouldering the corporate mission of "creating sustainable city value and pursuing sustainable happiness", striving to become a creator of a better city life with more sustainable development capabilities . GRANDJOY continues to drive multi-business to facilitate urban upgrades and services. Its business covers commercial, residential, industrial real estate, hotels, office buildings, long-term rental apartments, property services and other fields. Joy City has gradually built an ecosystem with rich business types, complete urban layout, balanced asset structure, and a beautiful life scene for the people.