Presentation to Current And/Or Prospective Investors to Provide an Update on the Business Performance and Development of the Company

2016InterimResultAnnouncement

23August2016 ABOUT PRESENTERS

Founder, Mr. LAM Lung On Chairman and Executive Director

Mr. CAI Minghui Executive President

Mr. Hui Chun Yip Chief Financial Officer and Company Secretary

2 TABLE OF CONTENTS

I. FINANCIAL HIGHLIGHTS

II. BUSINESS REVIEW

III. FUTURE PERSPECTIVES

IV. APPENDIX

3 Spotlight of YUZHOU PROPERTIES (01628. HK)

 A leading national property developer with headquarter in Shanghai, ranked 36th in Chinese Real Estate Listed Companies in 2016, Based in Yangtze River Delta, Lead West KEY FOCUS Strait and Expand Nationwide Coverage in China  Six core cities, namely Shanghai, Hefei ,Nanjing, Hangzhou, Xiamen and Fuzhou, the performance of property market in 1H2016 outperformed the national average  1H2016 contracted sales reached RMB 12.872 billion, representing a 124% y/y increase, completed 80% of full year target of RMB 16 billion  Top 3 property developer in Hefei, to strengthen our market leading position in Xiamen as well as Hefei  is CORE STRENGTH  Maintain relatively high gross profit margin compared to peers (1H2016: 32.47%), focus on Tier 1 and 2 cities with good prospect, establish brand premium, pay attention to cost control to maintain higher profit margin  Professional management team established in Shanghai, further expanding investment property portfolio in Shanghai, Hefei and Xiamen

 Total saleable GFA as at June 2016: over 9.04 million sq.m. LAND BANK  53% in Yangtze River Delta, 44% in West Strait Economic Zone and 3% in Pan‐Bohai Rim  First time entering Hangzhou by M&A with a project of 297,000 sq.m. GFA, acquiring 1,338,539 sq.m. of total saleable GFA YTD 2016

4 FINANCIAL HIGHLIGHTS

5 HIGHLIGHTS OF 2016 INTERIM RESULTS

FINANCIAL HIGHLIGHTS FOR THE 6 MONTHS ENDED 30 JUNE 2016

Compared with 1H2015

 Contracted Sales: RMB12,872 million (+RMB7,136 million or +124%)

 Recognized revenue: RMB4,143 million (+ RMB641 million or +18%)

 Profit to owners of parent:RMB693 million (+ RMB51 million or +8%)

 Core Profit to owners of parent : RMB657 million (+RMB105 million or +19%) Compared with the end of Dec 2015

 Total equity: RMB10,397million (+RMB156 million or +2%)

 Cash on hand: RMB15,670million (+ RMB3,721 million or +31%)

 Net gearing ratio: 75.37% (‐4.06 percentage points)

6 1H2016 KEY PROFIT&LOSS ITEMS

Revenue* Gross Profit RMB million RMB million

Profit attributable to shareholder Core Profit RMB million RMB million

7 SEGMENTS CONTINUE GROWTH TREND WITH MORE DIVERSIFICATION

100%=RMB 4,143 million 100%=RMB 3,502 million (RMB’000) 1H2016 1H2015 Change 0.1% 0.1% Sales of 4,018,658 3,418,051 +18% properties

Rental income 51,115 31,347 +63%

Property management fee 61,351 42,068 +46% income

Hotel operation 9,712 7,455 +30% income

Sales of construction 2,480 2,850 ‐13% materials

Total 4,143,316 3,501,771 +18%

8 ANALYSIS ON 1H2016 RECOGNIZED PROPERTY SALES

Recognized Property Sales* Recognized GFA & ASP

RMB million GFA (sq.m.) ASP (RMB/sq.m.)

Recognized Sales by City Recognized GFA by City % %

* Net of Taxes 9 1H2016 KEY BALANCE SHEET ITEMS

Cash Position Total Debt RMB million RMB million 23,507 20,083

Total Asset Total Equity RMB million RMB million 64,349 52,846 42,872

1H2015 FY2015 1H2016

10 1H2016 STABLE FINANCIAL POSITION

Net Gearing Ratio Debt Profile by Maturity % %

Debt Profile by Currency Debt Profile by Type % %

Total Debt = RMB23,507 million

The weighted average funding cost was 6.32%. 11 BUSINESS REVIEW

12 Saleable Average Land % of GFA No. of Cost saleable SNAPSHOT OF LAND BANK City (‘000 sq.m.) projects （RMB/sq.m.） GFA Bohai Rim Tianjin 326 2 1,061 3 9.04 million sq.m. as at June 2016 Region Shanghai 926 9 5,875 10

Nanjing 517 6 9,286 6 Yangtze River Delta Hefei 2,735 11 2,562 30

Bengbu 586 1 660 7

Tianjin Xiamen 1,769 24 4,076 20 Yangtze River Econimic Zone Fuzhou 644 4 3,192 7 West Strait Bengbu Nanjing Hefei Shanghai Economic Quanzhou 1,073 1 374 12 Zone Longyan 207 1 1,921 2 Fuzhou Longyan Quanzhou Xiamen Zhangzhou 255 1 2,400 3 zhangzhou Hong Kong Offshore Hong Kong 2 1 135,140 0

TOTAL 9,040 61 4,035 100 Unit Cost of Land Bank as % Contracted ASP % Unit Cost of Land Bank as % 1H2016 Contracted ASP

20.6 31.7

13 1H2016 CONTRACTED SALES

Contracted Sales #Project Interest in Contracted Contracted Contracted Project Sales As of Total GFA ASP (FY2014 vs. FY2015 vs. 1H2016) City % (RMB mn) (%) (sq.m.) (RMB/sq.m.) 1 Yuzhou Central Coast Xiamen RMB million 100% 160 1% 10,801 14,836 2 Yuzhou Riverside City Town Xiamen 100% 371 3% 29,782 12,468 3 Yuzhou Cloud Top International Xiamen 100% 60 0% 1,408 42,260 4 Haicang Dream Town Xiamen 20% 1,000 8% 49,675 20,129 5 Yuzhou Lucca Town Xiamen 100% 954 8% 48,660 19,615 6 Chunjiang Central Xiamen 51% 1,760 14% 81,678 21,547 7 Yuzhou Oriental Venice I&II Fuzhou 100% 36 0% 1,298 27,350 8 Yuzhou Oriental Venice III Fuzhou 100% 633 5% 55,481 11,414 9 Yuzhou Cambridge Town Fuzhou 100% 414 4% 44,057 9,386 10 Yuzhou City Plaza Quanzhou 100% 170 1% 30,347 5,598 11 Yuzhou Castle above City Longyan 100% 336 3% 57,855 5,808 12 Others Xiamen 100% 59 0% 3,085 19,205 West Strait Economic Zone 5,953 47% 414,127 14,374 13 Land Dream Shanghai 100% 11 0% 356 30,983 14 Yuzhou City Plaza Shanghai 100% 4 0% 220 18,596 15 Yuzhou Commercial Plaza Shanghai 100% 307 2% 27,360 11,203 16 The Bustling Center Shanghai 100% 1,290 10% 44,234 29,138 17 Yuzhou Skyline Hefei FY2014 FY2015 1H2016 100% 571 4% 67,181 8,504 18 Yuzhou Jade Lakeshire Hefei 100% 408 3% 44,230 9,227 19 Yuzhou Central Plaza Hefei 100% 897 7% 127,632 7,028 # of Cities 789 20 Yuzhou Town Hefei 51% 50 0% 3,876 12,931 21 Yuzhou Royal Seal Hefei 49% 764 6% 99,598 7,675 22 Yuzhou Central Town Hefei 100% 634 5% 66,701 9,502 ASP 9,972 9,997 12,738 23 Yuzhou The Jiqing Nanjjing 100% 1,485 12% 44,089 33,687 (RMB/sq.m.) 24 Yuzhou Prince Lakeshire Bengbu 100% 65 1% 14,480 4,500 Yangtze River Delta 6,486 50% 539,957 12,011 25 Yuzhou Palace Country Tianjin 100% 252 2% 34,263 7,365 26 Yuzhou Royal Lakeshire Tianjin 100% 182 1% 22,210 8,166 Bohai Rim Region 434 3% 56,473 7,680 Total 12,872 1,010,557 12,738

14 MONTHLY CONTRACTED SALES IN 2015 vs. 2016

Monthly Contracted Sales ( Jan 2015 – Jun 2016)

2,962

15 1H2016 SELL‐THROUGH RATE REACHED 78%

The Average Sell‐through Rate is 78% %

Quan City Xiamen Xiamen Xiamen Xiamen Fuzhou Fuzhou Longyan Shanghai Shanghai Hefei Hefei Hefei Hefei Hefei Nanjing Bengbu Tianjin Total zhou

GFA Launched 12,322 40,039 58,580 95,597 76,995 59,914 57,373 74,411 54,162 31,804 70,689 52,476 153,095 121,336 77,359 48,883 33,187 25,469 1,295,076 (sq.m.)

GFA Sold 10,801 29,782 48,660 81,678 55,481 44,057 30,347 57,855 44,234 27,360 67,183 44,230 127,632 99,568 66,701 44,089 14,480 22,210 1,010,529 (sq.m.)

16 LAND REPLENISHMENT YTD2016

Total Land Average Land Date of Equity Site Area Saleable GFA City Project Type Methodology Cost Cost Acquisition Interest (sq.m.) (sq.m.) (RMB mn) (RMB/sq.m.) Jan 2016 Shanghai Resi Bidding and Auction 40% 41,262 90,776 2,630 28,972 Jan 2016 Nanjing Resi /Com Bidding and Auction 100% 14,221 61,152 710 11,608 Feb 2016 Fuzhou Resi /Com Bidding and Auction 67% 45,128 137,409 1,730 12,590 Apr 2016 Hefei Resi /Com Bidding and Auction 100% 93,956 234,889 2,389 10,170 Apr 2016 Hefei Resi /Com Bidding and Auction 100% 23,705 59,263 718 12,120 Apr 2016 Hefei Resi /Com Bidding and Auction 100% 119,023 357,069 1,821 5,100 Jun 2016 Hefei Resi /Com Bidding and Auction 100% 56,114 100,981 1,119 11,086 Jul 2016 Hangzhou Resi /Com M&A 100% 145,000 297,000 4,104 13,818 Total 538,409 1,338,539 15,221 11,371

Shanghai Project Nanjing Project Fuzhou Project Hefei Project Hangzhou Project

Fuzhou Government Yaohai Project Yuzhou The Jiqing Cangshan Xinzhan Minhang 禹洲∙吉庆里 Project Government Project (2016.1)

Yuhuatai Shushan Yaohai Project Yuzhou Project Project (2016.1) Fengxian Project Project Yuhuatai (2015.11) Project (2015.11)

17 LAND REPLENISHMENT IN 2015

Total Land Average Land Date of Equity Site Area Saleable City Project Type Methodology Cost Cost Acquisition Interest (sq.m.) GFA (sq.m.) (RMB mn) (RMB/sq.m.) Jan 2015 Xiamen Resi/Com Bidding and Auction 51% 70,109 305,160 2,740 8,979 July 2015 Hefei Resi/Retail Bidding and Auction 100% 49,126 144,923 700 4,831 Sep 2015 Shanghai Resi Bidding and Auction 100% 31,139 56,051 510 9,104 Nov 2015 Shanghai Resi Bidding and Auction 40% 109,266 174,826 2,315 13,242 Nov 2015 Nanjing Resi Bidding and Auction 100% 17,199 30,957 420 13,567 Dec 2015 Nanjing Resi /Com Bidding and Auction 51% 61,145 134,520 500 3,717 Dec 2015 Nanjing Resi /Com Bidding and Auction 40% 28,257 61,626 1,010 16,389 Dec 2015 Nanjing Resi /Com Bidding and Auction 49% 57,762 116,076 425 3,661 Total 424,003 1,024,139 8,620 8,417

Xiamen Jimei Project Hefei Xinzhan Project Shanghai Projects Nanjing Projects

Yuzhou The Jiqing 禹洲∙吉庆里 Xiamen Metro Line 1 Xuhang Project ( Planning) (2015.9)

Yuhuatai Project Xiamen Jimei (2015.11) Project(2015.01) Yuzhou Yuzhou Bustling Center University City 禹洲·老城里

Jiangning Project X1 Fengxian Project Xiamen (2015.12) Airport (2015.11) Yuzhou Central Yuzhou Coast Golf Jiangning Project X2 Xiamen (2015.12) Island 18 1H 2016 CASH FLOW POSITION (Unaudited) RMB Bn FY2015 1H2016 FY2016 RMB Bn (A) (A) (E) Cash on Hand (at the Cash on beginning) 9.78 11.95 11.95 Hand Cash Proceeds from 11.95 Contracted Sales 13.07 12.56 21.56 Rental, Management Fee & Rental, Management 0.32 0.29 0.57 Fee & Other Income Other Income 0.29 Share Placing 0.62 ‐‐

New Debt Drawdown 10.41 6.12 8.12 Contracted Sales New Debt Cash Proceeds Drawdown 12.56 6.12 Paid Land Premium 6.39 6.51 10.20 Total Inflow 30.92 Construction Cost Capex 4.50 3.14 5.94 Construction Other Expenses ‐ Interest, Cost Capex Tax, Dividend and Others 4.42 2.90 5.95 3.14 Paid Land Other Debt Acquisition of Project Expenses Interest and Cooperation 1.21 ‐‐ Premium Repayment Proceeds 6.51 2.90 2.70 Debt Repayment 5.73 2.70 6.12 Total Outflow 15.25 Cash on Hand (at the ending) 11.95 15.67 13.99

19 FUTURE PERSPECTIVES

20 MARKET OUTLOOK

 Low interest rate environment and supportive credit policy driven the rapid release of pent‐up demand in the nationwide real estate market, especially in tier 1 and tier 2 cities 1H2016  Sales value and GFA of commodity residential housing sold in 1H2016 increased 44% and 29% respectively  Tier 2 cities i.e. Xiamen, Hefei, Nanjing and Hangzhou’s real estate market outperformed the national average, some of their year on year growth ranked top among cities

 The general tone of easing policies will continue, some cooling down measures will in 2H2016 place in some cities, some too fierce cities will return to rational  Cities with net population inflow and solid fundamentals will enjoy stable growth in 2016

 Urbanization continue, the growth of urban population and Loosen of Child Policy will drive the long‐term and large housing and supporting facilities demand Future  market divergence will continue; Industry consolidation will continue  The Era of one‐way upside of the housing price has ended, the sector transforms to stable growth phrase. Peer cooperation will become mainstream to share risk and enjoy complementary advantages 21 OUR STRATEGIES TO WEATHER THE MARKET

Experienced Management Product and Pricing Flexibility

 Highly experienced management team with strong execution  Diversify product mix to fulfill the user‐oriented demand, capabilities and deep industry insights better catered to current market

 Flexible marketing strategy, humanized design & excellent cost  Flexible pricing strategy in line with market expectations control, concept of “Boutique Building 3.5”(精築3.5) to boost sales volumes

Stringent Investment Discipline Prudent Financial Strategy

 Sale through: Stable cash flow and fast turnover period  Maintain the net gearing ratio at a manageable level

 Profit margin: sustainable development  Explore various financing channels to obtain lower

 Executive power: good corporate governance and stable funding cost, i.e. Onshore Corporate bond, Panda bond operation  Various Means to further optimize its financial structure:

 Strengthen cooperation with other developers and investment Reduce the proportion of non‐RMB debt funds to reduce capital expenditure of investment

22 2H2016: DETAILED LAUNCH TABLE Planned Sales GFA As of Total # Project City Launch Type for 2H2016 (sq.m.) (%) 1 Yuzhou Central Coast Xiamen Existing 5,158 0% 2 Yuzhou Riverside City Town Xiamen Existing 139,279 9% 3 Yuzhou Lucca Town Xiamen Existing 65,710 4% 4 Chunjiang Central Xiamen Existing 32,547 2% 5 Haicang Dream Town Xiamen Existing 49,594 3% 6Others Xiamen Existing 20,581 1% 7 Yuzhou Gushan No. One Fuzhou Existing 8,741 1% 8 Yuzhou Oriental Venice Fuzhou Existing 135,831 9% 9 Yuzhou Cambridge Town Fuzhou Existing 30,866 2% 10 Yuzhou Cangshan Project Fuzhou New Launch 13,855 1% 11 Yuzhou City Plaza Quanzhou Existing 13,855 1% 12 Yuzhou Castle above City Longyan Existing 141,756 9% 13 Yuzhou Zhangzhou Project Zhangzhou New Launch 35,106 2% West Strait Economic Zone 692,880 46% 14 Yuzhou City Plaza Shanghai Existing 64,540 4% 15 Yuzhou Commercial Plaza Shanghai Existing 21,611 1% 16 Yuzhou Bustling Center Shanghai Existing 47,371 3% 17 Yuzhou Xuhang Project Shanghai New Launch 37,873 3% 18 Yuzhou Fengxian Project Shanghai New Launch 7,900 1% 19 Yuzhou Skyline Hefei Existing 30,420 2% 20 Yuzhou Jade Lakeshire Hefei Existing 19,891 1% 21 Yuzhou Central Plaza Hefei Existing 101,338 7% 22 Yuzhou Town Hefei Existing 46,436 3% 23 Yuzhou Royal Seal Hefei Existing 64,793 4% 24 Yuzhou Central Town Hefei Existing 69,269 5% 25 Yuzhou Prince Lakeshire Bengbu Existing 69,055 5% 26 Yuzhou The Jiqing Nanjing New Launch 32,972 2% 27 Yuzhou Yuhuatai Project Nanjing New Launch 58,537 4% 28 Lakeside (Jiangning Project) Nanjing New Launch 9,612 1% Yangtze River Delta 681,617 45% 30 Yuzhou Palace Country Tianjin Existing 79,031 5% 31 Yuzhou Royal Lakeshire Tianjin Existing 50,250 3% Bohai Rim Region 129,281 9% Total 1,503,778 100% 23 2H2016: LAUNCH BREAKDOWN

By City (GFA) By Launch Type (Sales value)

% 9 % 5 21 Xiamen 9 7 26 Xiamen Fuzhou 2 Fuzhou 5 Quanzhou Quanzhou Longyan Longyan Zhangzhou Zhangzhou 20 13 Shanghai Shanghai Hefei Hefei 22 Bengbu 1 14 Bengbu Nanjing Nanjing 12 2 8 Tianjin 17 2 4 1 Tianjin

By Project Type (GFA) By Region (GFA) % %

100% = 1,503,778 sq.m. 24 MAJOR CONTRIBUTING PROJECTS 2H2016

Nanjing Yuzhou The Jiqing Nanjing Lakeside (南京禹洲‧吉慶里) (南京濱湖里)

 At the intersection southern  At one of the New City in old city area and Hexi New Binjing New Town with metro City with mature and good line 2 & 8 (under planning) supporting facilities connecting to downtown  10 min to walk to subway  GFA: 116,076 sqm station, High‐rises, unit size:  unit size: 88‐115 sqm 89‐143 sqm  Land cost: RMB 3,661/sqm,  Land cost: RMB 16,657/sqm,  Est ASP: RMB 13,000/sqm  ASP: RMB 33,687/sqm

FuzhouYuzhouRadiance CentralMansion Shanghai YuzhouXuhangProject (福州禹洲金辉•中央府邸) (上海禹洲徐行项目)

 At core area of Yantaishan  North to Jiading old town, of Cangshan District , with enjoying mature comm and good facilities and transport network educational resource, good  GFA: 56,051 sqm transport network  9 blocks of 14 floor high‐  house size 65‐130 sqm. rise, Apartment unit size:  Land cost: RMB 88‐135sqm 12,590/sqm,  Land cost: RMB 9,104/ sqm,  Est ASP: RMB 26,000/sqm  Residential ASP: RMB 29,000/sqm

25 GOOD REGIONAL LAYOUT, STRENGTHEN COMPETITIVENESS

Focus on the Yangtze River Delta Region Maintain leading position in Hefei market, expanding into Tier 1 and 2 cities with great potential, Hefei, Shanghai, Nanjing and Hangzhou, Strengthen Double‐Engine Competitiveness Advantages Enjoy the benefit of Yangtze River Delta Economic Zone, diversity sources of income

Yangtze Stick to our core competency River Establishing brand premium, pay attention to cost control to maintain Delta higher profit margin Land bank* chart as at Jun 2016 Yangtze River Delta Economic Hangzhou Shanghai Zone (53%) Yangtze River Delta (YRD)

Jiangxi Zhejiang

Hunan Fujian West Strait Fuzhou Economic Zone Taipei

Guangdong Xiamen

Taiwan Pearl River Delta (PRD)

* Land bank as at June 2016 was 9.04 million sq.m.. 26 APPENDIX

27 XIAMEN PROPERTY MARKET OVERVIEW

Residential Land Supply and Property Transactions in Xiamen

'000 sq.m. RMB/sq.m. 8,000 30,000 7,000 6,743 23,231 20,535 24,33025,000 6,000 6,055 19,231 20,000 5,000 4,883 15,701 3,894 4,109 13,973 4,543 4,000 11,600 4,490 15,000 3,174 9,708 9,891 13,830 2,723 11,532 3,000 6,601 8,854 12,863 11,276 3,516 3,159 3,124 10,000 2,000 4,744 2,472 5,726 2,274 2,247 2,195 1,823 4,032 4,348 2,040 5,000 1,000 509 3,229 1,0731,041 3,810 3,397 2,701 1,258 654 419 0 828 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 20161H

Land Supply (GFA)for Residential Properties 000sq.m. Transaction Volume of Residential Properties 000sq.m. Per GFA Land Cost RMB/sq.m. ASP of Residential Properties RMB/sq.m.

'000sq.m. 28,368 RMB/sq.m. 700 30,000 23,630 24,490 600 23,083 28,000 20,511 20,815 20,236 20,360 19,614 20,424 25,000 19,422 20,013 19,055 19,086 19,109 19,364 21,639 18,913 500 18,412 19,241 18,107 19,598 18,993 20,000 400 15,000 300 554 598 501 10,000 200 384 430 425 320 327 267 278 294 261 315 307 100 225 225 191 243 226 216 5,000 149 91 163 148 0 0

‘000sq.m. RMB/sq.m. Source：Database from CRIC; Data Only for Commodity Housing(excluding social housing) 28 FUZHOU PROPERTY MARKET OVERVIEW

Residential Land Supply and Property Transactions in Fuzhou

'000 sq.m. RMB/sq.m. 4,500 18,204 20,000 4,261 16,372 16,552 4,000 3,623 14,231 14,188 14,910 3,500 3,159 15,000 3,000 2,764 12,741 2,577 15,188 2,500 11,942 2,905 2,524 2,410 3,023 7,590 7,557 8,164 10,000 2,000 1,877 1,875 1,500 2,016 4,126 1,185 1,308 6,046 1,815 3,477 5,405 1,327 4,841 5,241 1,000 5,225 5,000 696 870 3,839 5,376 1,224 1,313 975 4,214 1,000 500 2,346 820 192 1,333 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 20161H

Land Supply (GFA)for Residential Properties 000sq.m. Transaction Volume of Residential Properties 000sq.m. Per GFA Land Cost RMB/sq.m. ASP of Residential Properties RMB/sq.m. Source：Database from CRIC; Land Supply Data is Public Auction for Pure Residential and Commercial Residential Properties Supply(excluding social housing) Monthly Transaction Volume and ASP of Residential Properties

'000sq.m. RMB/sq.m. 600 17,252 20,000 15,629 16,110 15,692 15,795 15,787 14,979 14,774 14,447 14,285 15,075 18,389 500 13,968 13,337 14,209 17,213 15,000 15,384 14,889 15,347 15,281 400 15,474 14,666 14,659 14,027 300 10,000 449 483 200 371 355 348 309 5,000 242 216 227 222 244 253 209 244 246 217 246 230 100 152 204 167 183 182 176 0 0

Monthly Transaction Volume of Residential Properties ‘000sq.m. ASP of Residential Properties RMB/sq.m.

Source：Database from CRIC; Data Only for Commodity Housing(excluding social housing) 29 SHANGHAI PROPERTY MARKET OVERVIEW

Residential Land Supply and Property Transactions in Shanghai

'000 sq.m. RMB/sq.m. 40,000 34,957 40,000 35,000 34,809 32,001 35,000 27,212 30,000 30,000 24,177 22,278 22,502 25,000 23,421 21,728 25,000 20,128 20,000 17,941 16,039 20,000 16,151 16,914 11,460 19,682 13,971 14,565 14,031 14,973 17,776 18,999 9,084 15,000 9,655 11,440 9,704 15,000 7,767 9,897 4,852 12,820 10,000 10,556 8,779 10,000 7,514 7,944 7,287 7,558 8,972 9,377 9,713 5,000 6,632 5,845 9,723 5,000 2,121 3,215 3,996 2,385 0 355 712 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 20161H

'000sq.m. RMB/sq.m. 35,911 36,381 36,747 36,646 2,500 34,191 34,682 34,763 33,624 40,000 31,776 33,179 33,213 32,724 30,032 28,588 29,286 29,388 30,079 29,817 2,000 26,512 26,335 27,645 27,554 27,770 27,944 30,000 1,500 2,296 20,000 1,000 1,886 1,489 1,511 1,496 1,368 1,242 1,427 1,347 1,246 1,371 1,339 1,249 10,000 500 1,092 1,032 773 780 972 989 685 645 755 423 713 0 0

Monthly Transaction Volume of Residential Properties ‘000sq.m. ASP of Residential Properties RMB/sq.m.

Source: Database from CRIC; Data Only for Commodity Housing(excluding social housing) 30 HEFEI PROPERTY MARKET OVERVIEW

Residential Land Supply and Property Transactions in Hefei

‘000sq.m.25,000 12,000 21,566 RMB/sq.m. 18,847 9,990 10,000 20,000 17,387 8,500 8,236 8,000 15,000 6,259 6,986 7,190 13,884 10,684 6,007 6,351 10,256 9,531 6,000 7,754 9,619 8,900 9,403 10,765 11,624 9,147 10,000 4,635 8,439 5,833 4,100 6,256 6,617 4,000 5,374 4,879 5,413 3,497 2,799 2,874 3,154 2,686 6,718 5,000 4,540 2,379 2,166 2,000 1,201 1,649 1,621 1,456 1,495 729 782 1,024 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 20161H Land Supply (GFA)for Residential Properties 000sq.m. Transaction Volume of Residential Properties 000sq.m. Per GFA Land Cost RMB/sq.m. ASP of Residential Properties RMB/sq.m.

Source：Database from CRIC; Land Supply Data is Public Auction for Pure Residential and Commercial Residential Properties Supply(excluding social housing) Monthly Transaction Volume and ASP of Residential Properties RMB/sq.m. '000sq.m. 11,385 1,600 11,049 12,000 9,791 1,400 9,158 9,256 9,122 9,547 8,803 8,586 8,708 8,779 8,792 10,000 8,108 8,216 8,178 8,200 1,200 7,662 7,995 8,048 7,355 7,461 7,382 7,227 7,393 8,000 1,000 800 6,000 1,427 600 1,196 1,227 1,210 1,032 4,000 948 924 906 940 908 400 847 785 808 886 876 822 723 759 766 663 712 735 644 2,000 200 364 0 0

Monthly Transaction Volume of Residential Properties ‘000sq.m. ASP of Residential Properties RMB/sq.m.

Source：Database from CRIC; Data Only for Commodity Housing(excluding social housing) 31 NANJING PROPERTY MARKET OVERVIEW

Residential Land Supply and Property Transactions in Nanjing ‘000sq.m. RMB/sq.m. 18,000 20,000 15,570 17,482 16,000 15,140 17,321 12,791 13,116 14,000 12,109 12,075 15,000 11,391 11,651 13,521 12,787 12,000 10,232 9,417 12,305 9,882 10,775 10,000 7,927 10,688 10,929 9,841 9,912 8,305 10,000 8,000 6,376 5,913 5,810 7,621 7,140 6,000 7,348 4,036 5,953 4,015 5,459 4,873 5,000 4,000 4,394 3,864 4,842 4,128 3,160 3,806 2,000 2,309 2,054 2,733 1,107 0 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 20161H

Land Supply (GFA)for Residential Properties 000sq.m. Transaction Volume of Residential Properties 000sq.m. Per GFA Land Cost RMB/sq.m. ASP of Residential Properties RMB/sq.m.

2,500 19,969 25,000 2,007 2,043 15,901 17,130 17,786 1,880 2,000 14,737 15,148 1,763 1,642 20,000 13,321 13,559 14,305 15,548 14,330 14,945 14,900 13,009 12,694 19,5261,375 1,500 13,436 13,902 13,491 14,895 1,214 16,055 15,000 1,145 1,692 16,772 886 1,007 1,229 1,244 15,797 935 15,755 1,000 853 1,052 758 769 1,163 10,000 633 585 670 501 390 500 5,000

0 0 Jul‐14 Aug‐14 Sep‐14 Oct‐14 Nov‐14Dec‐14 Jan‐15 Feb‐15Mar‐15Apr‐15 May‐ Jun‐15 Jul‐15 Aug‐15 Sep‐15 Oct‐15 Nov‐15Dec‐15 Jan‐16 Feb‐16Mar‐16Apr‐16 May‐ Jun‐16 15 16

Monthly Transaction Volume of Residential Properties ‘000sq.m. ASP of Residential Properties RMB/sq.m.

Source：Database from CRIC; Data Only for Commodity Housing(excluding social housing) 32 HANGZHOU PROPERTY MARKET OVERVIEW

‘000sq.m. Residential Land Supply and Property Transactions in Hangzhou

16,000 20,000 13,529 14,000 12,867 16,596 14,581 16,663 15,484 12,000 15,878 15,000 8,903 9,571 10,000 8,197 8,663 14,169 8,000 6,903 7,167 6,746 10,000 8,402 5,021 6,000 7,210 7,486 6,219 4,000 5,000 2,000 0 0 2012 2013 2014 2015 20161H

Land Supply (GFA)for Residential Properties 000sq.m. Transaction Volume of Residential Properties 000sq.m. Per GFA Land Cost RMB/sq.m. ASP of Residential Properties RMB/sq.m.

Source：Database from CRIC; Land Supply Data is Public Auction for Pure Residential and Commercial Residential Properties Supply(excluding social housing) Monthly Transaction Volume and ASP of Residential Properties ‘000sq.m. 3,000 17,235 17,500 16,605 16,864 16,859 16,486 2,500 16,233 16,654 16,418 17,000 15,954 16,081 16,500 15,924 16,473 2,000 15,509 15,731 1,726 14,936 15,590 15,265 15,041 16,232 16,000 15,319 1,315 15,146 1,580 2,501 1,500 14,984 1,164 1,194 1,916 1,822 15,500 14,987 1,327 1,369 15,015 1,015 1,149 15,000 1,000 941 725 665 1,166 1,117 1,167 591 594 913 1,250 348 1,058 14,500 500 14,000 0 13,500 Jul‐14 Aug‐14 Sep‐14 Oct‐14 Nov‐14 Dec‐14 Jan‐15 Feb‐15 Mar‐15 Apr‐15 May‐ Jun‐15 Jul‐15 Aug‐15 Sep‐15 Oct‐15 Nov‐15 Dec‐15 Jan‐16 Feb‐16 Mar‐16 Apr‐16 May‐ Jun‐16 15 16 Monthly Transaction Volume of Residential Properties ‘000sq.m. ASP of Residential Properties RMB/sq.m.

Source：Database from CRIC; Data Only for Commodity Housing(excluding social housing) 1H2016 KEY FINANCIALS

For the period ended 30 Jun

1H2016 1H2015 Change (%)

Revenue (RMB’000) 4,143,316 3,501,771 +18%

Gross Profit (RMB’000) 1,345,229 1,188,170 +13%

Gross Profit Margin (%) 32.47% 33.93% ‐1.46pp

Core Profit (RMB’000) 657,152 552,038 +19%

Core Profit Margin (%) 15.86% 15.76% +0.1pp

EPS (RMB cent/share) 18.17 18.16 +0.06%

CEPS (RMB cent/share) 17.22 15.61 +10%

34 1H2016 KEY FINANCIALS

(RMB’000) As at 30 Jun 2016 As at 31 Dec 2015 Change (%) Total current assets 53,177,436 44,738,520 +19% Total non‐current assets 11,171,911 8,107,338 +38% Total current liabilities 35,273,492 25,625,902 +38% Total non‐current liabilities 18,678,512 16,978,601 +10% Total equity 10,397,343 10,241,355 +2% Cash and bank balances 14,111,271 10,973,268 +29% Restricted Cash 1,558,838 975,525 +60% Short Term Debt 5,745,133 3,987,373 +44% Long Term Debt 17,761,507 16,095,750 +10% Net Debt 7,836,531 8,134,330 ‐4% Net Gearing Ratio(%) 75.37% 79.43% ‐4.06pp

35 DISCLAIMER

These materials have been prepared by Yuzhou Properties Company Limited (the “Company”) solely for informational use during its presentation to current and/or prospective investors to provide an update on the business performance and development of the Company. No representation or warranty express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the Company’s financial or trading position or prospects. The information contained in these materials should be considered in the context of the circumstances prevailing at the time and is subject to change without notice and has not been, and will not be, updated to reflect material developments which may occur after the date of the presentation. None of the Company nor any of its respective directors, officers, employees, affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss or damage howsoever arising from any use of these materials or their contents or otherwise arising in connection with these materials. These materials and subsequent discussions may contain certain statements which would constitute "forward‐looking statements”. Such forward‐looking statements involve risks, uncertainties, future events, our future financial, operational, business or other performance and are subject to a number of uncertainties and factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed by, or implied by the forward‐looking statements in these materials. There can benoassurancethattheresultsandevents contemplated by the forward‐looking statements contained in these materials will in fact occur. You should not place undue reliance on these forward‐looking statements, which reflect our belief only as of the date of this presentation. Theseforward‐lookingstatementsarebasedonourowninformationandoninformation from other sources we believe to be reliable. Past performance cannot be relied on as a guide to future performance. This document does not constitute an offer or invitation to purchase or subscribe for any securities of the Company or any holding company or any of its subsidiaries or an inducement to enter intoanyinvestmentactivity.Nopartofthese materials, or the fact of its distribution or use, shall form the basis of or berelieduponinconnectionwithanycontract, commitment or investment decision in relation thereto.