Latest Project

HKSE Stock Code: 960 Latest Project

In June, the Group acquired totally 10 land plots in Beijing, Hangzhou, Jinan etc. Details as below:

 On 2 June, the Group acquired a land plot in Beijing Environmental Protection Park. The plot is located in the Environmental Protection Park in Haidian District, close to Metro Line 16 which will commence operation by the end of 2016. With comprehensive amenities, the area Beijing Daxing Paradise Walk has been attracting lots of businesses and residence. Spanning 13,300 （北京大兴天街） m2 with a GFA under planning of 46,600 m2, the site was acquired for RMB1.41 billion with an accommodation value of RMB30,229/m2. It will be developed into a signature commercial complex community in the region.

 On 13 June, the Group acquired the Ningbo Panhuo II land plot. The plot is close to the core of the new town at the eastern area of the city. The area has comprehensive amenities and is only 250m from Metro Line 5. Spanning 47,800 m2 with a GFA under planning of 95,700 m2, the site was acquired for RMB796 million with an accommodation value of 2 Suzhou Longfor Mansion RMB8,320/m . It will be developed into a mid- to high-end upgraders’ （苏州狮山原著） residential community.

 On 16 June, the Group acquired a land plot on Yuren West Road of Jinniu District in Chengdu. The plot is close to West Third Ring Road along Metro Line 7, which is under construction and will commence operation in 2017. It enjoys an extensive range of amenities including educational, medical, commercial facilities. Spanning 88,500 m2 with a GFA under planning of 398,100 m2, the site was acquired for RMB1.473 billion with an accommodation value of RMB3,700/m2. It will be developed into a mid- to high-end upgraders’ residential community.

Nanjing Chunjiang Central  On 20 June, the Group acquired a land plot in Beigandong of Xiaoshan (南京春江郦城） District in Hangzhou. The plot is conveniently located adjacent to Jiansheyi Road Station of Metro Line 2. Spanning 47,400 m2 with a GFA under planning of 142,300 m2, the site was acquired for RMB1.99 billion with an accommodation value of RMB13,984/m2. It will be developed into a mid- to high-end upgraders’ residential community.

Hangzhou Jinsha Paradise Walk (杭州金沙天街)

Investor Relations Contacts: Longfor Properties Co. Ltd. Hill + Knowlton Strategies Asia Tyche SHI, Head of Investor Relations Daphne CHAN, Director Tiffany YUAN, Investor Relations Manager T: (852) 2894 6217 / 6096 8656 Stephanie GU, Investor Relations Manager E: [email protected] T: (8610) 8466 1882 /1993 / 4468 E: [email protected]

HKSE Stock Code: 960

 On 28 June, the Group and Ping An Real Estate jointly acquired Lijia II plot in Chongqing (Longfor’s interest: 70%). Located in the Liangjiang New District of northern Chongqing, the plot is near Jiuquhe Light Rail Station of Metro Line 6 and close to Chongqing Longhu’s well-developed project, Longfor Ideal City (2015 contract sales: RMB2.2 billion). Occupying a total site area of 292,600 m2, the plot has a GFA under planning of 409,600 m2 and was acquired for RMB1.883 billion based on the acquiring stake. The plot carries an accommodation value of Beijing Daxing Paradise Walk RMB4,597/m2. The plot will be developed into a mid- to high-end （北京大兴天街） boutique residential community.

 On 29 June, the Group acquired a plot at Hancang in Licheng District at eastern Jinan and is only 8km from the municipal government and CBD. Additionally, a light rail station will commence construction by the end of 2016. The project, which occupies a total site area of 203,200 m2, offers a GFA under planning of 458,300 m2, and was acquired for RMB1.849 billion, carrying an accommodation value of RMB 4,033/m2. It will be developed into a mid-end boutique residential community.

Suzhou Longfor Mansion  On 29 June, the Group and Ping An Real Estate jointly acquired Tangye （苏州狮山原著） plot in Licheng District at Jinan (Longfor’s interest: 51%). The project is located near the aforementioned Hancang plot and is close to Metro M3, M6 and R2 lines, which will commence construction by the end of 2016, giving it a convenient transport network. Covering 96,400 m2, the project has a GFA under planning of 111,800 m2 and was acquired for RMB493 million based on the acquiring stake with an accommodation value of RMB4,408/m2. The project will be developed into a mid-end boutique residential community.

 In June, the Group acquired 100% interest of Dalian Gaoxin project for a total consideration of RMB737 million. The project covers a total site Nanjing Chunjiang Central area of 39,000 m2 with a GFA under planning of 117,000 m2 and an (南京春江郦城） accommodation value of RMB6,300/m2. The plot is situated in an area where lots of high schools and high-tech corporations situated. The project will be developed into a mid- to high-end upgraders’ residential community.

Hangzhou Jinsha Paradise Walk (杭州金沙天街)

HKSE Stock Code: 960  In June, the Group acquired 26% interest in the Xianghu Lake project in Hangzhou for RMB230 million. The plot covers a site area of 57,000 m2 and a total GFA under planning of 37,000 m2 based on the acquiring stake with an accommodation value of RMB6,159/ m2. The plot is close to the scenic area in Xianghu Lake with the advantages of a railway network and comprehensive amenities. The project will be developed into a mid- to high-end upgraders' residential community.

 In June, the Group acquired 25.1% interest of Haijing project in Qingdao Beijing Daxing Paradise Walk for RMB1.032 billion. The plot covers a site area of 224,000 m2 and a total （北京大兴天街） GFA under planning of 185,000 m2 based on the acquiring stake, with an accommodation value of RMB5,565/m2. The plot is located in Chengyang area of Shibei District where the Group has dedicated years of development. It is close to Metro Line M1 which commenced construction in 2015 and has lots of amenities around. It will be developed into a mid- to high-end boutique residential community.

Company News

Suzhou Longfor Mansion  On 1 July, the second “Paradise Walk” project of the Group in Beijing, （苏州狮山原著） “Daxing Paradise Walk” in Daxing District of Beijing, commenced operation and became the Group’s 18th operating shopping mall. It is located above the Biomedical Base Station of Metro Line 4 with a total area of 150,000 m2. The mall is occupied by renowned brands and is a fully integrated commercial complex offering rich user experience. Both occupancy rate and operation rate surpass 90%, setting a solid foundation for its successful operation. On the first opening day, foot traffic reached over 150,000. The project fills the consumption gap in Daxing District of southern Beijing and is expected to pull up family spending in the region.

Nanjing Chunjiang Central (南京春江郦城） Sales Overview

 As at the end of June, the Group achieved aggregated contracted sales of RMB38.59 billion, representing y-o-y growth of 78.3%, with contracted sales in terms of GFA amounting to 2.557 million m2. In June, the Group recorded contracted sales of RMB8.39 billion, with the contracted GFA sold amounting to 531,000 m2.

1H2016– Regional Sales Breakdown:

Hangzhou Jinsha Paradise Walk Yangtze Pan Bohai Central Southern (杭州金沙天街) (RMB mn) Western River Rim China China Delta Contracted 7,880 6,840 18,900 470 4,500 Sales (All figures above are unaudited)