Asia-Pacific Strategic Investments Limited - Annual Report 2021

Corporate Profile

famous Mulberry-dyke and Fish Pond 桑基鱼塘 . We will therefore position Project Phoenix to not only enhance the rich cultural heritage of the ancient city of Huzhou, but also to build on its farming and ecological background to develop a modern aquaculture industry in the area. We will provide more details about the Project Phoenix development when the Huzhou City National Land and Space 2020-2035 is finalised. The Group is also well placed to tap into China’s growing cultural tourism market through its 113-room luxury riverside boutique hotel which is strategically sited adjacent to Project Phoenix in Huzhou. Through a hotel brand franchise agreement with Zhejiang Tourism Investment Hotel Group 浙江浙旅投酒店集团有限公司 (“ZTIHG”), the Anatole by Landison Hotel Huzhou 湖 州雷迪森怿曼酒店 (previously known as Cheery Hotel Huzhou) is well connected to ZTIHG’s wide network of 157 hotels in 14 Chinese provinces under brands such as Landison and Deefly, to expand its client base.

Asia-Pacific Strategic Investments Limited (“APS” or the “Group”), formerly known as China Real Estate Grp Ltd., is a real estate developer focusing on the hospitality sector and retirement villages, which cater to the aspirations and needs of the growing elderly population, in China and Southeast Asia. The Group’s project in Huzhou, or Project Phoenix 凤 凰洲项目 (previously named Huzhou Project), is its first foray into China, after it gained majority control of two property companies in Huzhou, Zhejiang Province in 2017. Central to our revised development plan is an integrated residential-cum-active ageing hub supported by healthcare-related, commercial, educational and family entertainment facilities that promote overall well-being and life-long learning. Digang Town 荻港村 , where the project is situated, and its surrounding area has a rich and unique cultural legacy with historical landmarks such as the

ASIA-PACIFIC STRATEGIC INVESTMENTS LIMITED

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