November 18, 2021 by the company's general manager Li Jian held in the company hosted the New HongJi the next five years (2022-2026) budget planning start-up meeting, the company's senior management and the leadership of all departments attended the meeting. At the meeting, Mr. Li made an important deployment of the company's next five years of development planning and five years of budgeting: annual budgeting should be closely around the company's business objectives, the cost of each department budget should be based on the actual management as a starting point for the implementation of the cost of cost awareness of each manager's actual management actions, and actively do a good job in the declaration of the costs and the implementation of the scientific development of the completion of various departments of the business tasks of the initiative and methodology, responsibility to the person, the task cascading down the hierarchy. Responsibility for the implementation of people, the task of layer by layer decomposition, for the company to achieve five years of steady development to lay a solid foundation. In the meeting, the leaders of each department for the company's overall budget planning requirements for the next five years, and combined with the actual situation of their own departments on the organizational structure, staffing, work priorities and other aspects of the detailed planning elaboration, the meeting asked each department to complete the budget before November 28th cost statement submission work.

On December 11, 2021, New HongJi 5-year budget planning closed meeting was held under the chairmanship of Deputy General Manager Yue Xue, in order to create a relaxed and pleasant meeting environment, the meeting was moved to the conference hall of Parkview Hotel, Yangcheng Lake Peninsula, Suzhou, China. Mr. Li Jian, General Manager of Sun Hung Kai, announced and answered the final situation of the budget expenses submitted by each department after the simulation completed by the financial department, and finally the budget expenses submitted by each department reached the company's total budget requirements. Mr. Li emphasized that New HongJi's budget management has been implemented for the 10th year this year, and we have ensured the effective achievement of the company's strategic goals and promoted the improvement of the management level through the formulation and implementation of the budget every year. This year, we start to plan for the budget with a target of 5 years, which will be another innovation and milestone in New HongJi's budget management, and is also the best gift for the 30th anniversary of New HongJi's establishment.

We have reason to believe that in the next five years, with the budget as the traction and guideline of management, under the leadership of Mr. Li, all New HongJi family members will not forget the original intention, keep in mind the mission of the company, practice the core values, and work together towards the future.