Orient Victory Smart Urban Services Holding Limited and its subsidiaries (collectively the “Group”) is principally engaged in the below businesses in the People’s Republic of China:

- the property management and leasing services businesses, which involves the provision of property management and leasing services for residential and commercial properties;
- the environmental hygiene businesses, which involves the provision of environmental hygiene services for urban and rural areas;
- the integrated development businesses, which involves the development and operation of tourism and cultural attractions, and the provision of marketing, event planning and consulting services; and
- the diversified tourism products and services businesses, which comprises the sale of air tickets and other tourism products, and the provision of travel related and other services principally to corporate clients.

Set out below the recent awards for the Group’s property management businesses:

- the “2022 China Five-Star Property Management Services Project*” (二零二二中國五星級物業服務項目) as awarded by Beijing China Index Academy* (北京中指信息技術研究院)
- the 2022 Companies of Excellence in China City Property Services Satisfaction* (二零二二中國城市物業服務滿意度優秀企業) as awarded by China Index Academy* (中國指數研究院)
- the 2022 Benchmark Companies in terms of Comprehensive Strength on China Property Services* (二零二二中國物業服務綜合實力標桿企業) as awarded by China Real Estate News* (中國房地產報社)
- the “2021 Top 100 Property Management Services Companies in the PRC in terms of Brand Value*” (二零二一年中國物業服務企業品牌價值百強企業) as awarded by China Real Estate News* (中國房地產報社)
- the “2021 Star of Property Services in Hebei Province, Property Management Services with Gold Medal*” (二零二一年冀房之星，金牌物業) as awarded by Hebeinews.cn* (河北新聞網)

The recent supportive policies on property management and environmental hygiene industries pave a healthy way for the Group’s property management businesses and environmental hygiene businesses. Looking forward, the Group will uphold its social responsibility aiming at providing customers with high quality services for better quality of life while improving the Group’s brand value. Meanwhile, the Group will continue to develop and expand its property management businesses, environmental hygiene businesses and integrated development businesses steadily through organic growth, bidding of new projects and strategic acquisitions and cooperation. As for the Group’s diversified tourism products and services businesses, the Group will closely and cautiously monitor the development of the novel coronavirus disease (2019) (COVID-19) pandemic and the outbound tourism industry, and resume such businesses at appropriate time in a safe and effective manner.