On 5 May 2016, Kong Yucheng (Secretary of the District Committee of Wangcheng District), Dai Shuiwen (standing committee member of the District Committee of Wangcheng District), Wu Hao (deputy secretary of the Party Working Committee of the Economic Development Zone of Wangcheng District and director of the Executive Committee of the Economic Development Zone), Liu Hongbo (deputy principal of Wangcheng District), Huan Wangmin (member of the Party Working Committee of the Economic Development Zone of Wangcheng District and deputy director of the Executive Committee) and other major leaders from relevant authorities of Wangcheng District conducted a on-site inspection over Globe Outlets.

The team led by Secretary Kong has obtained a full understanding on the current construction, sale and operation of our Changsha Outlets Project through planning explanation, on-site visit and interviews with brand partners. As introduced by the Company, Changsha Outlets Project locates at the core area of Dahexi pilot development zone and take a site area of almost 1,500 mu, which is committed by the Company to be developed as a real comprehensive shopping park integrated with shopping, leisure, entertainment and delicacy in Hunan. Currently, the phase 1 of the commercial section covering an area of nearly 100,000 square meters enjoys an occupancy rate of approximately 90%; the super large trampoline park originated from Australia is opening soon; and the high-rise buildings and villas are also on hot sale.

Based on the spot visit and interview, Secretary Kong held the view that the Changsha Outlets Project was pleasing in general, and he was glad and also excited to witness the business breakthrough achieved by the Project in recent years. He was firmly believed that the future development of Changsha Outlets Project would be promising relying on the strong supports by JeShing Group.

Secretary Kong believes that the Changsha Outlets Project as a benchmark enterprise in Wangcheng District has made outstanding contributions to the economic and social development of the district in recent years. All the staff of the Project are active in their work, high spirited and upward with clear objectives, great vigour and plenty of stamina. The Group possesses a good trend of development. It deserves recognition and praise and shall be deemed as a model to be followed by other enterprises. At the same time, he also puts forward the hope that the Group will make persistent efforts to create brilliant achievements and bring greater contribution to the regional economic development.