Future Suning of Suning Global Group Co., Ltd.

On November 18, 2012, the first phase of the Stone Forest Tourism Project, invested by Suning Global Group with an investment of tens of billions, started construction in Xiaoqing Square, the original Shilin Crossroad. Relying on the "double heritage", namely the geological wonders of the World Natural Heritage Stone Forest and the national intangible cultural heritage Ashima Legend, and guided by the two strategic industries of tourism and culture, we will create high-end tourism and cultural facilities through overall planning and phased development. A tourist service area that combines international resorts and charming towns. Promote the transformation, development and promotion of Stone Forest from a single tourist attraction to an international tourist attraction focusing on tourism services, culture and entertainment, and vacation and residence.

On July 17, 2014, Suning Cultural Industries Co., Ltd., a subsidiary of Suning Global, signed an acquisition framework agreement with Shanghai Hongting Pictures Co., Ltd. Suning Cultural Industry Co., Ltd. invested no more than 281 million yuan by absorbing some old shares and issuing new shares, accounting for 51% of the shares of Hongting Pictures after the capital increase and share expansion. This acquisition marks Suning Global’s official entry into the cultural film and television industry. In the spring of 2013, Zhang Guiping led his Suning Global Group to enter modern and efficient agriculture. On April 3 and May 28, the Yixing and Wuxi municipal governments respectively signed contracts with Suning Global Group to build modern agricultural industrial parks. The project integrates a flower and seedling planting base, an electronic trading center for agricultural and sideline products, a modern and efficient agricultural demonstration area, a rural tourism resort, and a comprehensive supporting service area. It aims to build a national-level agricultural production and management system innovation experimental area and a national-level new rural construction area. Demonstration area, national-level modern agricultural transformation and development pioneer area, and area integrating social capital and new rural construction.