Fujian Sannong Group Co., Ltd

Tahoe Group is a large and well-known listed company engaged in residential and commercial real estate development (stock code 000732). The company was founded in 1996 and successfully listed in 2010. It was the only real estate company listed in China that year. The company insists on real estate as the core, and implements the "Tahoe" strategy to comprehensively improve the quality of urban life and its own diversified development. Relying on its own high-quality resources in the fields of residential and commercial, the company aggregates the resources of the controlling shareholder Tahoe Investment Group in related service fields, aiming to solve the owners' shopping, social, medical, cultural and educational needs in one stop, and strive to create a "Chinese-style good life". For more than 20 years, Tahoe has adhered to the brand concept of "building China with culture" in real estate development and operation. With forward-looking layout strategy, high-quality boutique strategy and differentiated competition strategy, the brand influence continues to increase, the scale of the enterprise continues to grow, and it is well-known throughout the country. Real estate, as the core business of Taihe, adheres to the layout strategy of "deepening the core first-tier cities and comprehensively deploying the second-tier cities", and insists on "creating works for the city and dedicating fine products for the times". Many fine projects are located in the Beijing-Tianjin-Hebei region centered on Beijing, the Yangtze River Delta centered on Shanghai, the Guangdong-Hong Kong-Macao Greater Bay Area centered on Guangzhou-Shenzhen, the Haixi Economic Zone centered on Fuzhou-Xiamen, and the central region centered on Wuhan, which are in line with major national strategies such as "coordinated development of Beijing-Tianjin-Hebei", "One Belt, One Road", and "Free Trade Zone". The sales performance of the real estate sector has been rising year by year. Authoritative institutions such as the China Index Academy have jointly released the "2017 China Real Estate Sales 10 Billion Enterprise Ranking". Among them, Taihe Group has ranked among the top 15 Chinese real estate companies with a sales performance of 101 billion yuan, and has joined the "100 billion real estate companies" army. In the cultural field, Beijing Taihe Film and Television Culture Development Co., Ltd. was established. Taking "cinema theater" as a breakthrough, "Taihe Cinema" will be built into a first-class star cinema, promoting the extension and diversified development of Taihe's cultural industry chain, forming a full industry chain integrating film production, distribution, brokerage, advertising, etc., and becoming the most personalized film and cultural operation platform in the country. On July 15, 2017, the first Tahoe Cinemas Beijing Lishuiqiao store opened grandly. On September 30, the first Tahoe Cinemas Plaza flagship store - Quanzhou Donghai Tahoe Cinemas also officially opened to the public. In the field of commercial real estate, Tahoe Group has formed a unique "Tahoe model", covering development, design, investment promotion, operation, hotel management, smart payment and other fields. At present, Tahoe Group has 6 large urban complexes in Beijing and Fujian, and has developed a number of commercial real estate projects in Beijing and Shanghai in the form of office buildings, serviced apartments, commercial pedestrian streets and other formats. Entering the hotel industry is a major strategic decision for Tahoe Group to focus on and serve its main real estate business. At present, Tahoe Group has deployed more than 15 international brand hotels and self-branded hotels across the country. Among them, Tahoe Kempinski Hotel Fuzhou was officially opened on May 18, 2016, becoming a new benchmark for the hotel industry in Fujian. The hotels under the Tahoe Group have been infused with the "Chinese elements" advocated by Tahoe in terms of decoration design and service content, forming a unique core competitiveness. In the next 3 to 5 years, Tahoe will open more hotels and resorts in China and even around the world to create high-quality and differentiated hotel brands. Standing at a new historical starting point, a diversified large-scale enterprise group with real estate as its main business and spanning multiple fields is marching forward with its head held high and its chest held high.