China Nanshan Development (Group) Incorporation

Shenzhen Xinnanshan Holdings (Group) Co., Ltd.

Shenzhen Chiwan Sheng Baowang Engineering Co., Ltd.

Huanan Building Materials (Shenzhen) Co., Ltd

Shenzhen Chixiao Construction Technology Co., Ltd.

Shanghai matsuo Steel structure Co., Ltd.

Baowan Logistics Holdings Limited

Baowan production City Development (Shenzhen) Co., Ltd.

Shenzhen Chiwan Oriental Logistics Co., Ltd.

CGL Investment Management Corporation Limited