Perennial Holdings Private Limited - Annual Report 2023

PERENNIAL KUNMING SOUTH HSR INTERNATIONAL HEALTHCARE AND BUSINESS CITY 鹏瑞利国际健康商旅城 (昆明南站) Perennial Kunming South HSR International Healthcare and Business City (“Kunming HSR TOD”) is positioned as a one-stop regional healthcare-centric HSR TOD to serve communities in the Yunnan Province. Spanning a total GFA of approximately 6 million sq ft, this mega development comprises two plots of land, which will host eldercare, medical care, and hospitality components, as well as complementary retail and services for health and well-being. Kunming HSR TOD is strategically located next to Kunming South HSR Station, a key HSR station positioned as Yunnan Province’s East Asia and Southeast Asia Gateway Transportation Hub. Presently, it is connected to the border of Vietnam at Hekou via an approximately 3.5-hour train ride and to the border of Laos at Mohan via an approximately five-hour train ride. Within China, HSR trains originating from Kunming South HSR Station are directly connected to 23 major municipal and provincial capital cities. Medical care component of Perennial Kunming South HSR International Healthcare and Business City REAL ESTATE, HEALTHCARE AND HOSPITALITY Business Review China Within the Chenggong district, the new Kunming sports centre is currently under construction and is expected to be completed by 2026. The new mega sports centre will span over 8 million sq ft, making it capable of hosting large-scale domestic and international competitions. This project is expected to infuse energy and vitality into Kunming’s Chenggong district. The eldercare component will comprise a 650-bed Perennial Assisted Living Apartment, 62 PERENNIAL HOLDINGS PRIVATE LIMITED

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