Interactive Entertainment China Cultural Technology Investments Limited

The Group currently owns two granges in Australia which offer winery accommodation and conference centres services, including certain associated land, surrounding or adjacent farmland, and the related businesses (i.e. the accommodation facility business and all assets used in connection with that business and the assignment of operating licence). One of the granges, Lancefield property, includes a piece of freehold land of approximately 403,100 square metres in Lancefield, Victoria, Australia and the building on the land is an established hotel, restaurant, vineyard and conference facility which basically includes fifty-two accommodation rooms, five conference rooms, four guest lounges and “various breakout rooms”. The other one is the Hepburn Springs property, includes a piece of freehold land of approximately 9,713 square metres located at Hepburn Springs, Victoria, Australia and the building erected on such land is an established hotel, restaurant and conference facility split over three levels which basically includes forty-three accommodation rooms plus four conference rooms.

In 2016, the Group acquired the Balgownie Estate Resort located at Yarra Glen, Victoria, Australia and its business. The Balgownie Estate Resort includes a piece of freehold land of approximately 29 hectares (equivalent to 290,000 square metres) and the resort erect on the land, which comprises a 70 room with facilities including a restaurant, conference and meeting facilities, recreation facilities and cellar door. A mature vineyard surrounds the improvements comprising 7.0 hectares of vineyard. Remaining vineyard curtilage land and grazing pasture totals some 17.58 hectares.