Anhui Keyuan (Group) Co., Ltd. (hereinafter referred to as the company) is a joint stock limited company established by Anhui Suzhou Keyuan Group Co., Ltd. on August 18, 1997 with the approval of Anhui Provincial People's government's approval certificate No. [1997] 50. The original name of the company was Anhui Keyuan applied technology development (Group) Co., Ltd., which was renamed Anhui Keyuan (Group) Co., Ltd. on June 25, 2001. With the approval of zjfz [2000] No. 53 issued by China Securities Regulatory Commission, the company issued 40 million A-share shares to the public in May 2000, and the share capital increased from 54 million to 94 million. Anhui Institute of applied technology, the controlling shareholder of the company, holds 52.28% of the shares of the company. The controlling shareholder of Anhui Applied Technology Research Institute is Shanghai Qing'an Technology Development Co., Ltd., which holds 77.39% of the equity of Anhui Applied Technology Research Institute. On August 16, 2004, Anhui Institute of applied technology transferred 4, 7.58 million of 9.14 million shares were transferred to Shanghai shenduoli Industrial Co., Ltd. by agreement; in July 2006, according to the ruling of (2005) Hu Yi Zhong Zhi Zi No. 833 civil ruling, Anhui Institute of Applied Technology held 5 million shares of domestic social legal person shares of "Keyuan group" sponsor and Suzhou Technology Service Co., Ltd. held 2 million shares of domestic social legal person shares of "Keyuan group" sponsor, totaling 7 million shares According to the ruling of (2005) Hu Yi Zhong Zhi Zi No. 834 civil ruling, 2.8 million shares of social legal person within the territory of the sponsor of "Keyuan group" held by Anhui Institute of applied technology were ruled to the name of Shanghai Fuxing pawnshop Co., Ltd. according to the ruling of (2005) Hu Yi Zhong Zhi Zi No. 834 civil ruling. On December 29, 2006, the company received the notice from the intermediate people's Bank of Suzhou City, Anhui Province Civil ruling of the court: according to the ruling of (2007) Suzhong Fazhi Zi No.06 civil ruling, Anhui Institute of Applied Technology pledged 1 of the company's legal person shares held by it to Shanghai Branch of Huaxia Bank Co., Ltd, 5 million shares and bonus shares (including new shares), allotment shares and interest distribution shares were sold to Suzhou New Area Construction Investment Co., Ltd. at a total of 9.3 million yuan of 0.62 yuan per share. After the above transfer, Anhui Institute of applied technology holds 18.76 million social legal person shares of the company, accounting for 15.13% of the total share capital of the company, and is the largest shareholder of the company; Suzhou New Area Construction Investment Co., Ltd. holds 1, Shanghai shenduoli Industrial Co., Ltd. holds 7.58 million social legal person shares of the company, accounting for 6.11% of the total share capital of the company; Shanghai Fuxing Industrial Co., Ltd. holds 7 million social legal person shares of the company, accounting for 5.65% of the total share capital of the company; Shanghai Fuxing pawnshop Co., Ltd. holds 28 million social legal person shares of the company Million shares, accounting for 2.26% of the total share capital of the company; other non tradable shareholders did not change. On July 21, 2006, the first extraordinary general meeting of the company in 2006 deliberated and approved the reform plan of non tradable shares. According to the plan, the company uses the capital reserve to transfer 7.5 shares for every 10 shares to the circulating shareholders, and the company's share capital increases from 94 million shares to 124 million shares. As the major asset restructuring of the company has been basically completed, the main business of the company has transformed from chemical raw materials and chemical products manufacturing to real estate development and operation. Since March 30, 2010, the name of the company has been changed to "Zhonghong Real Estate Co., Ltd." the stock abbreviation has been changed to "Zhonghong real estate", and the English abbreviation has been changed to "Zhonghong real estate". The name of the company has been changed from "Zhonghong Real Estate Co., Ltd." to "Zhonghong Holding Co., Ltd." and the English name has been changed from "Zhonghong Real Estate Co., Ltd." to "Zhonghong Holding Co., Ltd." since September 28, 2011.