In the first quarter, the new delivery area of GLP China's logistics and industrial infrastructure exceeded 840000 square meters, an increase of 46 percent over the previous quarter.

[GLP China Logistics and Industrial Infrastructure New delivery area exceeded 840000 square meters in the first quarter compared with the previous quarter growth of 46%] the new delivery area of GLP China logistics and industrial infrastructure exceeded 840000 square meters in the first quarter of 2023, an increase of 46 percent over the previous quarter, and the newly started project area is about 450000 square meters. In the first quarter, 1800 leases were signed, with a newly signed lease area of 5.8 million square meters, especially in cross-border e-commerce, new energy photovoltaic, new energy vehicles and other industries.