We own, lease and manage properties located in Chengdu, Sichuan province, and also own and lease a property located in Kunming, Yunnan province. As of June 30, 2021, our property portfolio comprised three commercial properties, namely Everbright Financial Center, part of Everbright International Mansion and Ming Chang Building, with a total GFA of approximately 89,506.5 sq.m., the average occupancy rate remains 84%, the fair value was estimated to be over RMB940 million. And residential properties, namely part of Dufu Garden, with a total GFA of approximately 1,319 sq.m. were sold during the year of 2020.
Everbright Financial Center is located in the traditional central business district of Chengdu with a total GFA of approximately 34,334.5 sq.m..
Everbright International Mansion is located right next to our Everbright Financial Center. We own floor 1 to 4 and basement level 2 and 3, with a total GFA of approximately 38,198.6 sq.m..
Ming Chang Building is located in Wuhua District, Kunming, Yunnan province. We own the whole of the 4-story commercial podium of Ming Chang Building, with a total GFA of approximately 16,973.4 sq.m..
Dufu Garden is located right outside the West 2nd Ring of Chengdu. As of the Latest Practicable Date, we rented a villas to our tenants, were sold during the year of 2020.