The Sponsor, Sasseur Cayman Holding Limited, and its subsidiaries (collectively the "Sponsor Group"), is one of the premium outlet mall groups in the PRC, focused on the development and operation of retail outlet malls in the PRC.

As the leading privately-owned outlet mall operator in the PRC, the Sponsor Group currently manages and operates nine outlet malls. Founded in 1989, the Sponsor Group leverages on its founder Mr Xu Rongcan's passion for art and culture to develop and design all of its outlet malls, offering a unique lifestyle experience for its customers.

As the Sponsor's strategic shareholders, L Catterton Asia Advisors and Pingan Real Estate Company Ltd. ("Ping An Real Estate") are expected to provide strong endorsement and support. Through L Catterton Asia Advisors, strategic brand partnerships are forged, providing a strong basis for growing brand portfolios and future business opportunities. The Sponsor can leverage on Ping An Real Estate's extensive real estate network to continuously develop new sites, thereby providing opportunities for potential third-party asset acquisition.

Since the opening of SASSEUR (Chongqing) Outlets, the Sponsor Group has successfully created synergy between art and commerce in the retail outlet mall landscape in the PRC, having been awarded multiple industry awards which include:

2016 Top 10 Outlets

2015 CCFA Golden Lily Award of Best Outlet Mall

2017 China Innovative Commercial Real Estate Project

Best Operator of Luxury Industry in 2015

The Most Competitive Professional Chain Enterprises of 2016

Find out more about the Sponsor at http://www.SASSEUR.com/.

Please click on the respective logos of the Sponsor’s strategic shareholders to find out more information about them:

L Catterton Asia Ping An Real Estate