Taking into account the factors mentioned in the foregoing paragraph, the business teams shall propose a project pricing model. The functional teams shall review the reasonableness of the pricing model and the approval procedure of the Company shall ultimately be completed. CRH Connected Persons shall procure from the CR Mixc Lifestyle Group services relating to membership operation on CR Life Club (the Membership Operation Related Services''), including but not limited to: CR Life Club platform services: the CR Mixc Lifestyle Group shall provide CR Life Club platform services (including but not limited to member services and management, member promotion and discount activities, information consulting services on CR Life Club, etc.); System usage services: the CR Mixc Lifestyle Group shall provide CRH Connected Persons with system usage services related to various member business; Marketing outreach services: the CR Mixc Lifestyle Group shall provide CRH Connected Persons with a SMS/MMS delivery platform and services, and the CR Mixc Lifestyle Group shall provide CRH Connected Persons with intelligent outbound call robot services, instant SMS services, server equipment services, and speech production services based on its own intelligent customer service platform; and Other Services: the CR Mixc Lifestyle Group shall provide CRH Connected Persons with other products or services (including but not limited to supply chain resource services, software technology development services, etc.) based on CR Life Club and its related businesses.
The CR Mixc Lifestyle Group will procure from CRH Connected Persons marketing services and other services (collectively, the ``Marketing and Related Services''), including but not limited to: Marketing services: CRH Connected Persons shall assist the CR Mixc Lifestyle Group in promoting CR Life Club (including but not limited to the promotion of the registration and the usage of CR Life Club to the customers of CRH Connected Persons at their own costs, etc.), and members of CR Life Club will be provided with event discounts when they acquire goods or services at the scenarios operated and managed by CRH Connected Persons by virtue of their membership status on the Platform; and Other services: the CR Mixc Lifestyle Group shall procure from CRH Connected Persons commodities or services for the purpose of operating CR Life Club and other related businesses. CR Life Club platform services and system usage services: the scale of services required, the costs of providing the service required, the service quality, the specific service requirements, the CR Mixc Lifestyle Group's technical capabilities, and the CR Mixc Lifestyle Group's experience in providing similar services. Marketing outreach services and other services: the costs of service provision (human resources and procurements), the scope of services to be provided (e.g. member or non-member and number of modules required), the CR Mixc Lifestyle Group's technical capabilities, and the CR Mixc Lifestyle Group's experience in providing similar services.
Marketing services: the number of members on CR Life Club involved in the businesses of CRH Connected Persons, the costs of CRH Connected Persons in providing discounts to the members on CR Life Club and the experience of membership service. The CR Mixc Lifestyle Group may from time to time provide property management services to the CRH Connected Persons for the residential and/or commercial properties as well as other properties developed and/or owned by them. Based on the pricing basis under the 2026 Property Management Services Framework Agreement, parties will enter into specific agreements which shall set out terms and conditions (including the service fee) for the relevant property.
Based on the factors in the aforementioned pricing basis, the CR Mixc Lifestyle Group will propose a project pricing model for each project, which would be reviewed and approved internally. Generally speaking, service fees charged will be higher when: (i) the properties are located in city centres and in first tier cities and have large gross floor areas; (ii) the properties have a high-end market position; (iii) a wider scope and a higher standard of services are to be provided; (iv) the operational costs are anticipated to be higher; (v) customer profiles are of a high quality; and (vi) the prevailing market rate for similar services in the open market or the historical charging rates are high. The CR Mixc Lifestyle Group may, from time to time: deposit cash into CR Bank, which will provide deposit services and pay deposit interest to the CR Mixc Lifestyle Group for such deposits; and use the commercial banking services of CR Bank including, but not limited to, letter of credit, letter of guarantee, granting of loans with collaterals, bill acceptance and discount services, account receivable factoring services, provision of loans and security, Renminbi and foreign exchange settlement services, providing entrustment loan services, collateral pledging, wealth and cash management services, financial consulting services and other financial services as agreed by the parties.
