Milestone 5: Establishment of Qiancheng 1 Co., Ltd.

On April 8, 2024, Qiancheng 1 Co., Ltd., jointly funded by Qiancheng Real Estate Investment Co., Ltd. and Lao Mahasub Development Sole Co., Ltd., was officially established. With a registered capital of LAK 200 Billion, the company serves as the development and operation platform for the Lao Center Project.