Tianjin Tianbao Real Estate Development Co., Ltd. announced that it has received CNY 1 billion in funding from Tianjin Tianbao Infrastructure Co., Ltd.

Tianjin Tianbao Infrastructure Co Ltd is a China-based company mainly engaged in real estate development, property leasing, property management and other businesses. The real estate development business is mainly engaged in the development of real estate located in Tianjin Binhai New Area and Tianjin Free Trade Zone. The project development and construction business is mainly engaged in promoting project construction and creating high-quality projects. The real estate sales business is mainly engaged in real estate sales. In addition, the Company also invests in and holds certain investment properties to obtain stable rental returns. The Company mainly operates its businesses in the domestic market.