Global Development Engineering ^{Filed Terms, Nasdaq: GDEL}

Through Global Development HK, we have over a decade of experience as a construction service provider and contractor, offering a comprehensive range of services. These include property renovation and repairs, general building work, cleaning services for new properties, and other construction projects such as street layout and lighting decoration, hotel or hospital maintenance, and restoration work. We have the capability to act as both a main contractor and a subcontractor. Our primary focus is serving as general contractors, offering a comprehensive range of renovation services in Hong Kong. These services include: renovation and repairing, interior and exterior finishing, and cleaning work. Our customers range from private individuals to property developers, main contractors of property development and civil engineering projects, commercial property owners and managers, themed parks, hotels and hospitals. Our suppliers primarily supply the following materials to us: (i) construction materials such as wood, concrete, bricks, plastics and clay (ii) fire protection systems; (iii) air-conditioning systems, and (iv) customized furniture and fixtures. We generally order these materials on a project-by-project basis, and we do not enter into any long-term contracts with our suppliers.