LOGISTICS RENTAL MAP INDUSTRIAL SERVICES | CHINA H2 Harbin 2021 Changchun Supply in next 6 months (sq m) Occupancy H1 2021 H2 2021 Eective rental (RMB/sq m/day) Total stock (sq m) H1 2021 H2 2021 Beijing 2,550,000 Tianjin 5,654,000 68,000 98% 81% 81% 87% 86% 90% 66% 78% 64% 93% 95% 81% 38% 88% 87% 90% 63% 77% 60% 95% 1.74 0.92 1.25 0.87 0.78 0.88 0.63 0.67 0.62 0.71 1.75 0.91 1.14 Shenyang 436,000 Langfang 1,569,000 Zhengzhou 1,550,000 Qingdao 1,471,000 Jinan 1,529,000 458,000 210,000 0.87 0.78 0.88 0.60 0.65 0.58 0.72 Beijing - Dalian 108,000 Langfang Tianjin Dalian 983,000 - Shenyang 2,844,000 Changchun 1,057,000 90,000 - - Qingdao Nantong Jinan Harbin 636,000 Shanghai 6,962,000 Kunshan 3,343,000 Taicang 1,416,000 Suzhou 2,788,000 Wuxi 2,358,000 1,044,000 - 90% 96% 92% 95% 96% 76% 95% 73% 88% 85% 90% 73% 90% 93% 1.52 1.21 1.53 1.22 1.04 1.19 90% 95% 86% 97% 95% 77% 90% 76% 86% 99% 71% 76% 85% N/A Suzhou Zhengzhou Huai`an 328,000 - 1.04 1.18 Taicang Nanjing Shanghai - 0.94 0.96 1.07 0.89 0.73 0.96 0.98 0.84 0.85 N/A 0.95 0.95 1.07 0.88 0.73 0.96 0.98 0.83 0.85 0.78 Xian Changshu Kunshan Jiaxing 3,407,000 Hangzhou 2,172,000 Nanjing 2,611,000 630,000 132,000 60,000 139,000 506,000 417,000 157,000 150,000 253,000 Wuxi Hefei Chengdu Jiaxing Nantong 821,000 875,000 Huzhou Wuhan Changshu Hangzhou Ningbo Yiwu Ningbo 1,702,000 Wuhan 3,911,000 Chongqing Taizhou Changsha Hefei 1,592,000 832,000 Changsha Hong Kong 3,774,000 Shenzhen 2,131,000 Dongguan 2,714,000 Huizhou 1,188,000 Guangzhou 2,051,000