Sunac Services Holdings Limited (China)

Sunac Services Holdings Limited is a company located in Hong Kong. It was incorporated on an unspecified date by Xu Weiming, who contributed a registered capital of 15.8 million yuan in the form of currency. On July 15, 2006, the company held its first shareholders' meeting and approved the company's articles of association. On July 17, 2006, Suzhou Tianhe Certified Public Accountants issued a capital verification report, stating that the company had received a capital injection of 15.8 million yuan from investors in the form of currency. On the same day, Sunac Services Holdings Limited obtained an Enterprise Legal Person Business License with a registration number of 3205822111005 issued by the Zhangjiagang Administration for Industry and Commerce in Suzhou. On December 25, 2017, the company held a shareholders' meeting and agreed to convert the net assets of 435,506,941.52 yuan, as audited by Tianjian Certified Public Accountants as of July 31, 2017, into 100 million shares of the company's total share capital at a ratio of 1:0.2296. The premium portion of 335,506,941.52 yuan was transferred to the company's capital reserve, and the registered capital of the company was determined to be 10 million yuan. Each shareholder of the company subscribed for shares in proportion to their respective net assets corresponding to their capital contributions in the company, based on their original shareholding ratio. According to the asset valuation report of Zhangjiagang Guangda Machinery Forging Co., Ltd. prepared by Kunyuan Appraisers, the assessed net assets of the company as of July 31, 2017, were 611,609,067.58 yuan, with an increase of 166,886,891.40 yuan and an increase rate of 37.53% compared to the book value of 444,722,176.18 yuan. On December 28, 2017, Tianjian Certified Public Accountants conducted a capital verification of the company's overall establishment and issued a capital verification report. On January 30, 2018, Sunac Services Holdings Limited completed the industrial and commercial registration for the change of ownership and received a new Business License issued by the Suzhou Administrative Approval Bureau.