We regard government and regulators, media, unitholders and potential investors, ESG third-party evaluation institutions, tenants, customers, employees, suppliers, and local communities as main stakeholders. We maintain good and orderly communication with stakeholders. Specific communication forms are listed in the following table.

We conduct a multi-directional risk assessment and materiality analysis around ESG issues. Through the analysis of regulatory requirements, media research, peer benchmarking, questionnaire survey, and field investigation of the properties, we review and obtain material issues, which are the basis for the preparation of Environmental, Social, and Governance Report to ensure the reasonable disclosure of ESG-related information. We commissioned professional consultants to identify and analyze 23 sustainable development issues with a great impact on Yuexiu REIT's development based on our business development and industry characteristics, covering four dimensions: environment, society, operation, and employment.
