Real Estate & Hotel Operations

Business Overview

The Group's real estate and hotel operations business covers the Japanese and Chinese markets. In Japan, the Group acquires and directly operates hotels, office buildings, and long-term rental apartments in core cities such as Tokyo and Osaka through its Tokyo entity. In Beijing, the Group operates property assets in the Haidian District through its Beijing entity, providing quality office and residential spaces for tenants.

The business follows an "acquire — operate — appreciate" core logic, emphasizing long-term property value and stable cash flow returns while enhancing asset yields through refined operations management.

Japan Real Estate Investment

The Group's real estate portfolio in Japan focuses on core areas in Tokyo, Osaka, and surrounding regions, with asset types spanning hotels, office buildings, and long-term rental apartments:

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  Hanshe Building No. 3 — Hotel Located in Higashimukojima, Sumida-ku, Tokyo, operated under the Hanshe Hotel brand (established 2016). A newly constructed property (completed October 2025), 2-minute walk from the nearest station, adjacent to Tokyo Skytree and Asakusa tourist area, rated 4.9/5 on Airbnb. 20 guest rooms throughout the building.
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  Tsukiji — Office Property Located in Tsukiji, Chuo-ku, Tokyo, adjacent to the Ginza commercial core. A premium office property asset with outstanding location value.
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  Ainokawa — Long-Term Rental Apartment Located in Ainokawa, Ichikawa City, Chiba Prefecture, a mature residential area within Tokyo's commuter belt. A residential asset targeting long-term stable rental income.
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  OYASUMI Art & HOTEL Dotonbori — Hotel Located at 1-chome-higashi 7-7 Dotonbori, Osaka, invested through Wanyun Investment. 2-minute walk from Nihonbashi Station, 3-minute walk to Dotonbori. All rooms equipped with private bathrooms (with bathtubs), soundproofing, free WiFi, and self check-in.

Online Booking

The following properties can be booked via Airbnb and Booking.com:

Beijing Property Operations

The Group operates owned and co-managed properties in Beijing's Haidian District, adjacent to the Zhongguancun Science Park, providing quality office and residential spaces for nearby technology companies and residents.

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  Haidian District — Vanke Co-Managed Property A premium property project in Haidian District co-managed with Vanke, leveraging Vanke's property management brand and operational expertise to achieve efficient asset operations and stable occupancy.
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  Owned Property Leasing The Group's owned property assets in Haidian District, offering long-term leasing services to nearby enterprises and residents, ensuring stable rental income.

Operational Advantages