Wangfujing gub Oriental Fortune Network

Securities code: 600859 Securities abbreviation: Wangfujing number. : Pro 202 1-085 Wangfujing Group Co., Ltd.

I. Overview of related party transactions

Beijing Wangfujing Jinjie Shopping Center Co., Ltd. (hereinafter referred to as Jinjie Company), a wholly-owned subsidiary of Wangfujing Group Co., Ltd. (hereinafter referred to as "Wangfujing"), plans to sign a lease contract with Beijing Zijin Century Real Estate Co., Ltd. (hereinafter referred to as "Zijin Company") to lease part of the area from the second floor to the seventh floor of a commercial project located at 30 1 Wangfujing Street, Dongcheng District, Beijing. The project is adjacent to the bustling Wangfujing Street in the east, Chenguang Street in the west, Dashamao Hutong in the north and Xiagongfu Road in the south.

Two. Introduction of related parties

(1) Introduction of related party relationship

BTG indirectly holds 33.89% equity of Wangfujing and 76% equity of Zijin Company. Wangfujing and Zijin Company are both controlled by BTG, forming an associated relationship. This transaction constitutes a connected transaction.

(2) Basic information of relevant personnel

Name: Beijing Zijin Century Real Estate Co., Ltd

Company type: other limited liability companies

Registered address: No.3 Xiagongfu Street, Dongcheng District, Beijing 1 F 106.

Legal Representative: Gao Fei.

Registered capital: 2.5 million yuan

Main business: real estate development, self-developed commercial housing sales, property management, hotel management, motor vehicle parking services, business consulting, undertaking exhibitions, conference services, etc.

Shareholders: Shengfeng Century Real Estate Co., Ltd. (BTG Group holds 100%) holds 76% of the shares of Zijin Company, and new china life insurance co Co., Ltd. holds 24% of the shares of Zijin Company.

Three. Basic situation of related party transactions

(a) the name and category of the transaction object.

The subject matter of this transaction is: Building 30 1, Wangfujing Street, Dongcheng District, Beijing (second floor underground to seventh floor above ground), with a construction area of 78,495 _. The transaction category is rental housing.

(2) General principles and methods for determining the price of related party transactions.

The standard of rent and property management fee of this project mainly refers to the same property conditions, the same lease method and the same shopping mall format in Wangfujing area, and comprehensively considers the historical situation of the leased object, the specific business geographical location and the relevant regulations on real estate lease management of state-owned enterprises.