On May 22nd, Mr. Li Jianjun, the chairman of our group, was invited to attend the project promotion meeting of Tiandi Weiye Group and signed a strategic cooperation agreement with Tiandi Weiye Group. Our group actively responded to the government's policy of “One Belt and One Road” and both parties reached a consensus on investing in real estate projects in Thailand. In 2013, China put forward the concept of “One Belt, One Road” for the first time. It hopes to develop two foreign trade channels in the future. One is the economic belt that is launched along the ancient Silk Road from the land, which is referred to as the area. The other is along the ancient times. The road of trade for the waterway of China's maritime trade is referred to as the road. So a land trade is a maritime trade, and the two trade channels are collectively referred to as the Belt and Road.

China actively promotes the construction of the Silk Road Economic Belt on the land, and the “Belt and Road” links ASEAN, Asia, Africa and Europe, including cooperation in policy, trade, and finance. The Thai Prime Minister stated that Thailand is a country along the “Belt and Road” and has connected with the world's major markets through the “Belt and Road”. I hope that everyone will pay attention to and support the implementation of this initiative. The Thai government will introduce the Eastern Economic Corridor Act to encourage cross-border investment. In the future, the Eastern Economic Corridor of Thailand will develop into a world-class economic center, trade and investment center, transportation and logistics center, world-class tourist destination and Southeast Asia.

Statistics show that capital from China in 2016 accounted for 14% of Thailand's foreign direct investment. The influx of Chinese investment has driven the development of many industries such as e-commerce, infrastructure and tourism in Thailand. Thailand's property is growing in popularity and investing in the golden period. The data shows that overseas buyers and investors' interest in Thai properties has risen sharply. According to the research report of foreign websites and its published “Real Estate Investment List”, the data shows that Thai real estate has climbed 2 places in global real estate search, ranking 4th, accounting for 3.61% of global real estate search. Ranked behind traditional overseas properties in Spain, the United States and Canada.

In addition, the Thai government is vigorously building infrastructure. As the economy develops, the increase in investors will drive the real estate economy to grow steadily. ASEAN has been open to 10 countries. As a central country of 10 ASEAN countries, Thailand attracts many investors to invest in Thailand. From the statistics of the past 10 years, the average central apartment in Bangkok and other places has increased by about 12% per year. Together with the rental return, the average annual return on investment of Thai apartments is over 18%.

Thailand's accommodation industry has a world-class level, and the Thai accommodation industry enjoys a high reputation. It is favored by the excellent decoration of Thai real estate, complete supporting, hotel-style management and so on. In the survey, 66% of expatriates said that in Thailand, the accommodation fee was significantly reduced. It can be seen that the high cost performance of Thai real estate has gradually become an industry advantage. The signing ceremony showed the investment intention of the Thai real estate project of our group and Beijing Tiandi Weiye Group. Both parties hope that the project will be successfully promoted and hope to provide new tourism and holiday investment for the Chinese people.