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Artist’s impression

LUMINA GUANGZHOU

GUANGZHOU

Artist’s impression Review of Operations – Business in Mainland Progress of Major Development Projects

Beijing Lakeside Mansion (24.5% owned)

Branch of High School No. 4 Hou Sha Yu Primary School An Fu Street Shun Yi District Airport Hospital Hou Sha Yu Hou Sha Yu Station Town Hall Tianbei Road Tianbei Shuang Yu Street

Luoma Huosha Road Lake

Jing Mi

Expressway Yuan Road Yuan

Lakeside Mansion, Beijing (artist’s impression)

Hua Li Kan Station Line No.15

Located in the central villa area of Houshayu town, , “Lakeside Mansion” is adjacent to the Luoma Lake wetland park and various educational and medical institutions. The site of about 700,000 square feet will be developed into low-rise country-yard townhouses and high-rise apartments, complemented by commercial and community facilities. It is scheduled for completion in the third quarter of 2020, providing a total gross floor area of about 1,290,000 square feet for 979 households.

Beijing Residential project at Chaoyang District (100% owned)

Shunhuang Road Beijing

Road No.7

of Sunhe Blocks Sunhe of

Road No.6 Road of Sunhe Blocks

of Sunhe Blocks Sunhe of

Road No.4 Road

of Sunhe Blocks Road No.10

Jingping Highway

Jingmi Road Residential project at Chaoyang District, Beijing (artist’s impression) Huangkang Road Sunhe Station Subway Line No.15

Located in the villa area of Sunhe, Chaoyang District, this project is adjacent to the Wenyu River wetland park, Sunhe subway station and an array of educational and medical institutions. The site of about 420,000 square feet will be developed into low-density luxury residences. The project is under planning and it will provide a total gross floor area of about 460,000 square feet for 168 households upon scheduled completion in the second quarter of 2023.

Henderson Land Development Company Limited 60 Annual Report 2019 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Beijing Residential-cum-commercial project at Chaoyang District (50% owned)

Shunhuang Road Located in the upmarket residential neighbourhood of Sunhe Xiang, Chaoyang District, Beijing

Road No.7 with Sunhe station of subway and Jingping Highway in its vicinity, this project is

of Sunhe Blocks Sunhe of

Road No.6 Road of Sunhe Blocks of Sunhe Blocks Sunhe of

Road No.4 Road characterised by its blending of transportation convenience with the natural beauty of its of Sunhe Blocks

Road No.10 surrounding areas. The project is now under planning and a site of about 340,000 square

Jingping Highway feet will be developed into a low-density residential-cum-commercial development, complemented by community facilities. It is scheduled for completion in the second quarter

Jingmi Road of 2023 with a total gross floor area of about 510,000 square feet for 154 households. Huangkang Road Sunhe Station Subway Line No.15

Changsha The Landscape (50% owned)

Chang Sha Ring Expressway Changsha

Lushan Gaoling Experimental School (under construction)

Kai Fu Avenue hong Qing Road

Gaoling Transportation Hub Xinglian Road

North iufengshan Park

The Landscape, Changsha (artist’s impression)

Located in Kaifu District with convenient access, the 5,490,000-square-foot land lot will be built in five phases, offering luxury villas, high-rise apartments and commercial facilities with a total gross floor area of around 9,500,000 square feet for 6,280 households. Phase 1 with a total gross floor area of 1,080,000 square feet is under construction. The first batch of 760,000 square feet under Phase 1 is scheduled for completion in 2020. The high-rise residences of Phase 2 are under construction and it will provide a total gross floor area of 2,070,000 square feet upon its scheduled completion in late 2020. The high-rise residences of Phase 5 are also under construction and will provide a total gross floor area of about 1,790,000 square feet. The prestigious Changsha Lushan Gaoling Experimental School is also being built, with the scheduled completion in 2021.

Henderson Land Development Company Limited Annual Report 2019 61 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Chengdu ICC (30% owned)

Chengdu Chengdu (Commenced Operations) R Shuangqing o ad Shuanggui Road (Commenced Operations) Do n gd a R Shahe River o ad

Guyapo Road Tazishan Park

2nd Ring Road Shahepu Street Wangjianglou Park Jingkang Road

Yidu Ave J in g ju s Lijieren Former i R Jinhua Road o Residence a d Chengdu Metro Chengdu ICC, Chengdu (artist’s impression) (Under Construction)

Situated in Jinjiang District, a planned business hub of Chengdu, the 14-million-square-foot Chengdu ICC is a large-scale integrated development sitting atop an interchange station of two metro lines. In a convenient location, the project is close to the Chengdu East Railway Station, the city’s main hub for inter-city trains and High Speed Rail, and also enjoys exceptional natural scenery of the adjacent Tazishan Park and Shahe River. Comprising over seven million square feet of quality residences, about four million square feet of prime office space, close to two million square feet of retail space and a five-star hotel, the project is expected to become a prominent one-stop destination for both working and living. Phase 1 and Phase 2A of the project, providing a combined gross floor area of about 2.3 million square feet, were virtually sold out and handed over to buyers before mid-2018. The one-million-square-foot Phase 2B, namely The Arch Suites, will provide over 1,100 residential units in twin towers of approximately 150 metres tall upon scheduled completion in the second quarter of 2020. Phase 2C contains a trendy retail street of 230,000 square feet. Together with some 1.2 million square feet of a premium shopping mall under construction in Phase 3, they will offer customers an exclusive one-stop shopping experience. Preliminary marketing has started with positive responses from popular brands and restaurants. This premium mall is poised to open in the first half of 2021.

Henderson Land Development Company Limited 62 Annual Report 2019 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Guangzhou Lumina Guangzhou (100% owned)

Guanghou

Jiefang Middle Road Gong Yuan ian Metro Station

Subway Line 2

Jiefang South Road Subway

Haizhu Square Metro Station

Tongqing

Road

Lumina Guangzhou, Guangzhou (artist’s impression)

Located at Yuexiu District, Guangzhou, with its close proximity to Pearl River and direct connection to two subway lines, “Lumina Guangzhou” won the Silver Award (Commercial-cum-office Building Category) in the “REARD Global Design Awards” for its Phase 1 development during the year under review. Its twin Grade-A office towers with a total gross floor area of over 960,000 square feet have successfully attracted many multinational corporations and financial institutions as its tenants. They include “Shenzhen Stock Exchange – Guangzhou office”, “AIA”, “Johnson & Johnson” and “Panasonic”. Meanwhile, a Cineplex equipped with state-of-the-art IMAX audio and visual systems, a health and fitness centre, as well as an array of renowned eateries have also been secured as the tenants of its 800,000-square-foot shopping and entertainment podium. More international retail brands, specialty restaurants and an amusement park for children will be introduced so as to provide customers with a multifarious shopping, leisure and entertainment experience. The entire Phase 1 development is scheduled for completion in the third quarter of 2020.

Henderson Land Development Company Limited Annual Report 2019 63 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Guangzhou Central Manor (18% owned)

Guanghou hangcun Park Guangzhou Baiyun Guangya hang Experimental School Jiuling Memorial Park

Shijing Creative Shijing River Business Park QiaodongDown Jiwei Street

orth Road N a y o Tancun

Subway Line 8 B a Park (Under Construction)

Road Pingsha North Street Qingcha Road/Guangqing Connecting Line Connecting Road/Guangqing Qingcha Planned Baoya South Road Shitan Tancun Station Shicha Road

Shitan Road

Central Manor, Guangzhou (artist’s impression)

Located in Shijing Town, Baiyun District, with Shijing River and the impending Shitan subway station in its proximity, a residential land lot of about 390,000 square feet will be developed in two phases into high-rise residences. Phase 1 and Phase 2 are scheduled for completion in mid-2020 and 2021 respectively. They will provide an aggregate gross floor area of over 1,440,000 square feet.

Guangzhou Runyue Huayuan (formerly known as Zengcheng Project) (10% owned)

Guanghou

engcheng Secondary School Licheng Ave

Subway Line 21 Guangshan Highway engcheng Ave

honggang Licheng Station Sanlian Primary School

Runyue Huayuan, Guangzhou (artist’s impression)

Located in Sanlian village, Zengcheng District, in the proximity of Guangshan highway and Zhonggang station of the planned subway line 21, a land lot of 920,000 square feet will be developed into high-rise apartments, complemented by commercial and community facilities. The project is now under construction works and it will provide a total gross floor area of around 2,750,000 square feet upon its scheduled completion in 2021.

Henderson Land Development Company Limited 64 Annual Report 2019 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Hefei Xuheng Huayuan (50% owned)

Binhu International Jinxiu Avenue Convention and Binhu Exhibition Convention Center and

Exhibition Baohe Avenue Elevated Center Station

Hefei Metro Hefei Nanjing Road Experimental School

Hefei No.48

Middle Avenue Baohe School

Hefei Binhu Shouchun ilu Middle School Station

Xuheng Huayuan, Hefei (artist’s impression)

At the junction of Binhu New District and the administration zone of the municipal government, the 540,000-square-foot land lot will be built as a development with a total gross floor area of over 1,340,000 square feet for more than 800 households, complemented by commercial facilities of about 8,400 square feet. The project is under construction and it is planned for a single-phased completion in the third quarter of 2021.

Nanjing Emerald Valley (100% owned*)

Nanjing Nanjing Normal University (B) Xuelin

Road

Wenlan Road

312 State Highway Nanjing Financial University

Nanjing Normal Golden Eagle University Shopping Centre

Wenyuan Road ueze Road Station ianlin Centre Station Emerald Valley, Nanjing (artist’s impression)

Located in Xianlin New District, the project will be completed in 3 phases. For Phases 1 and 2, a site of approximately 1,600,000 square feet was developed into a high-end residential community, complemented by a nursery, amenities and a community centre and other facilities, providing an aggregate gross floor area of about 1,100,000 square feet. These two phases were completed already. Phase 3, comprising the residential, commercial and supporting facilities with an aggregate gross floor area of about 340,000 square feet against the total site area of about 240,000 square feet, is under construction. It is planned for completion in the fourth quarter of 2020.

(*CIFI, which participates in the development of Phase 3, shares 50% of their costs and economic interests.)

Henderson Land Development Company Limited Annual Report 2019 65 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Shanghai Lumina (100% owned)

Shanghai Huang Pu River

LongyaoTunnel Road YunJin Road Station

Longyao Road West Bund Media Port Longyao Road Station

Lumina Shanghai, Shanghai (artist’s impression)

“Lumina Shanghai” at the Xuhui Riverside Development Area, Shanghai, will be developed in two phases. The 61-storey iconic office tower at its Phase 1 Development will provide Grade-A office space of approximately 1,800,000 square feet with connection to Longyao Road subway station. It has attracted keen leasing interest from many multinational corporations and leading domestic enterprises, which are mainly engaged in professional services, information technology and media industries. The leasing response for its 220,000-square-foot shopping mall has been encouraging, with many enquiries from eateries and sporting brands. “Lumina Shanghai” Phase 1 is scheduled for completion and opening in the third quarter of 2020. Construction of the Phase 2, which consists of 4 office towers, 5 commercial towers and a multi-functional event venue, is progressing smoothly. Upon its scheduled completion in 2021, additional office and retail space with a total gross floor area of over 1,000,000 square feet will be provided.

Henderson Land Development Company Limited 66 Annual Report 2019 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Shanghai Hengxu Hui (formerly known as Middle Huaihai Road Project) (50% owned)

Sub way Line No.13

Su bwa intiandi Station y Li ne No.10

Hefei Road H D u Shanghai a M a n n s a Jiaotong gp h d ui a University i

n

R So g School o u ad R t of Medicine o h a d R E N d o lev oa a o R d rt ast a h o E t u e - ng d S Jia R o u o th a Hengxu Hui, Shanghai (artist’s impression) d Madanglu Station Shanghai Subway Line No.9

Its prime location close to both Madang Road and Xintiandi subway stations, together with its green features and intelligent facilities, make this office development a new benchmark in the Middle Huaihai Road business hub. The project, which comprises office and retail space with an aggregate gross floor area of about 280,000 square feet, is slated for completion in the fourth quarter of 2020.

Shanghai Bojing Yayuan (formerly known as Lin Gang Nanhui New Town Project at Lot NNW-C4A-02) (16% owned)

Lin Gang Shanghai Avenue Station B LingRoad Lan ai J in Metro g R o a d d a o Qi Qing Road R d a e g o k n R a i L rd R i e h h Shanghai y T t T i d e n Planetarium C Shanghai h u i T o a Haichang r h A g Ocean Park Dishui n a Lake h Shanghai

S

Station

East High

Shanghai Lingang School Bojing Yayuan, Shanghai (artist’s impression) Nanhui e d k Experimental a New Town a o L

Middle R Comprehensive e t

h School s Nanhui r T Service Building i

d

F

Shen Gang Avenue New n e

China u h

Town o Dishui T r

Maritime A Lake Museum

This project is situated at Lin Gang New Town, . With a total gross floor area of about 793,000 square feet, the project will contain 819 units in a blend of houses and high-rise apartments. It is planned for a single-phased completion in the fourth quarter of 2020.

Henderson Land Development Company Limited Annual Report 2019 67 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Shanghai Xinxiang Qingfeng Yuan (formerly known as Lin Gang Nanhui New Town Project at Lots NNW-C4D-08 and NNW-C4D-09) (12.5% owned)

Lin Gang Shanghai Avenue Station B LingRoad Lan ai J in Metro Line 16 g R o a d d a o Qi Qing Road R d a e g o k n R a i L rd R i e h h Shanghai y T t T i d e n Planetarium C Shanghai h u i T o a Haichang r h A g Ocean Park Dishui n Xinxiang Qingfeng Yuan, Shanghai (artist’s impression) a Lake h Shanghai

S

Station

East High

Shanghai Lingang Nanhui School e d k Experimental a New Town a o L

Middle R Comprehensive e t

h School s Nanhui r T Service Building i

d

F

Shen Gang Avenue New n e

China u h

Town o Dishui T r

Maritime A Lake Museum

In Lin Gang New Town, Pudong, two adjoining land lots will be jointly developed into a low-density residential development, providing a total gross floor area of about 830,000 square feet against the total site areas of about 690,000 square feet. Offering nearly 900 apartment units, the project is complemented by ample greenery and a wide range of amenities. It is scheduled for a single-phased completion in the fourth quarter of 2020.

Shanghai

Project at Pudong New District (51% owned) Dalian Road Tunnel Road Dalian Shanghai Huangpu River

ichangzhan Ferry Pier Visiting Pier (Planning)

Binjiang Avenue Metro Line 4 Line Metro

Yuanshen Road Station Pudong Avenue Metro Pudong Avenue (under construction) Station

Project at Pudong New District, Shanghai (artist’s impression)

Located at Pudong’s core financial hub with Pudong Avenue station of subway line 4 in the vicinity, the 330,000-square-foot site at Lujiazui street, Pudong New District, will be developed into a composite development comprising office space and a commercial podium. The project is now under planning. Construction is scheduled to commence in 2021 and upon planned completion in 2024, it will provide a total developable gross floor area of about 830,000 square feet.

Henderson Land Development Company Limited 68 Annual Report 2019 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Shenzhen Nanshan Project (50% owned)

Deng Liang Road Shenhen

Nanhai Ave Dongbin Road

Nanyou Nanguang Road Xiangnan Road Yue HaiStation Road

Nanyou West Station Subway Extension

Nanshan Project, Shenzhen (artist’s impression)

Located in Nanyou section of Nanshan District, with the subway stations of Nanyou West and Nanyou in its proximity, a 70,000-square-foot land lot will be developed into an integrated complex with industrial R&D office space, dormitory, and commercial facilities. Construction works will commence in 2020 and it is planned for completion in 2023, providing a total gross floor area of about 420,000 square feet.

Suzhou Riverside Park (100% owned*)

Chunshenhu Rd. (W) Suhou

Huo Li Dao utu Station Gang Metro

Station

Line 2 Line Subway

Yangchenghu Rd. (W)

Renmin Road Renmin

Sujiahang Expressway Sujiahang Yuan He Tan He Yuan

Subway Line 4 Line Subway Shanghai-Nanjing Expressway

Suzhou Railway Station Riverside Park, Suzhou Tiger Hill Scenic one

Riverside Park is a community development project in Xiangcheng District. The entire residential community, which were developed in six phases, has been completed. There is also an adjoining integrated commercial project. Phase 1, which boasts a total gross floor area of about 990,000 square feet, was completed and delivered in 2017. Phase 2 with a total gross floor area of about 1,100,000 square feet is under design and planning and it is planned for completion in 2022.

(*CIFI, which participates in the development of Phase 5 (Block Nos. 24 and 30) and Phase 6 of its residential community as well as the integrated commercial project, shares 30% of their costs and economic interests.)

Henderson Land Development Company Limited Annual Report 2019 69 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Suzhou Kuanyue Yayuan (formerly known as Xuguan Project) (35.037% owned)

Suhou

Tramcar Line 2

RT-Mart Supermarket Suzhou inqu Railway Station Yangshan Experimental School Hongfu Road Station Kuanyue Yayuan, Suzhou (artist’s impression) Urban Express Way Suzhou inqu Wenchang Experimental Primary School WenChang Road Metro Railway Station Middle Ring Express Way

Located in Xushuguan Development Zone of Gaoxin District, an 870,000-square-foot land lot will be built as a community development with a total gross floor area of over 1,820,000 square feet for about 1,400 households, complemented by supporting facilities. The entire project will be completed in two phases. The construction works for Phase 1 with a total gross floor area of around 800,000 square feet are scheduled for completion in the second quarter of 2020. The construction works for Phase 2 also commenced. It will provide a total gross floor area of about 1,000,000 square feet upon its scheduled completion in the second quarter of 2021.

Henderson Land Development Company Limited 70 Annual Report 2019 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Xian La Botanica (50% owned)

ian Chan River Second Ring Road North Subway Line 3 Tao Hua Tan Station Daming Palace National Heritage Park City Expressway Xilin Shi Jia Jie Station Expressway

Hujia Temple Huaqing North Road

Ring Road Station Third Ring Third Changle East Road Tong Hua Men Station Road East Subway Chanhe Line 1

Station

Road East Road Second Ring Second

La Botanica, Xian (artist’s impression) Road Ring East i’an University i’an Polytechnic of Technology University

Jointly developed by the Group and CapitaLand Limited, La Botanica is located within the scenic Chan Ba Ecological District with a subway line connecting it to the city centre. This community development will have a total gross floor area of about 32,850,000 square feet, providing homes for over 28,000 households upon full completion. Phases 1A, 1B, 2A, 3A, 2R6, 4R1, 2R2, 2R4, 2R5 (first section) and 3R2, with a total gross floor area of about 18,000,000 square feet, were completed and delivered to buyers. Phase 2R5 (second/third sections), which comprises about 1,900,000 square feet of gross floor areas, is planned to be completed and delivered to buyers in the third quarter of 2020. Phases 3R4 and 2R3, with total gross floor areas of 1,470,000 and 840,000 square feet respectively, are both expected to be completed in the second quarter of 2021. Furthermore, construction works for C1/C2 section of Phase 1R1 already commenced in the third quarter of 2019 and will provide a total gross floor area of about 2,060,000 square feet. Construction works for C3/C4 section of Phase 1R1 will commence in the second quarter of 2020 and will provide a total gross floor area of about 1,670,000 square feet. The entire development of Phase 1R1 is planned for completion in 2022.

Xuzhou Grand Paradise (100% owned)

uhou New Municipal Town Government

Dalong Lake

Lishui Road

Yingbin Road Xiaoxiang Road

Lianhuo Expressway Grand Paradise, Xuzhou To Airport

Catering to mid to high-end home buyers, Grand Paradise benefits from the beautiful natural landscape of Dalong Lake, convenient transportation and a comprehensive range of facilities. Premium residences with a total gross floor area of about 4,500,000 square feet were handed over to buyers. The project also boasts a commercial area of about 610,000 square feet, of which 259,000 square feet is slated for completion in the fourth quarter of 2020.

Henderson Land Development Company Limited Annual Report 2019 71 Review of Operations – Business in Mainland China • Progress of Major Development Projects

Yixing Grand Lakeview (100% owned*)

Xiangtou East RoadYixing

Yangquan East Road Jingyi

South Road Taihu Feng RoadYin Avenue Yixing Hospital Chengdong of Traditional Experimental Yixing Chinese Medicine Primary Dongyu Yangxian East Road School Elementary School

Dongjiu Lake

Grand Lakeview, Yixing Dongjiu Avenue Daxi River

Set amongst lush, tranquil surroundings in Dongjiu District, Grand Lakeview is just a five-minute drive away from the city centre. To be completed in phases, this lakefront development offers luxury living in a mix of semi-detached and duplex houses, multi-storey and low-rise apartments, providing an aggregate gross floor area of about 9,000,000 square feet for over 6,800 households. Phases 1A/1B/1C/1D and 2A at Site F, as well as Phases 1A/1B/1C at Site B1, have both been completed providing a residential/commercial area of about 4,300,000 square feet in aggregate. Phases 2B and 3 at Site F, as well as Phases 2 and 3 at Site B1, will in aggregate provide a residential/commercial area of about 4,500,000 square feet for nearly 3,400 households. Construction has commenced on all of these phases except commercial blocks at Phase 2B at Site F. Phase 2 at Site B1 is slated for completion in the second quarter of 2020. Phase 3 at Site B1 is planned for completion in the fourth quarter of 2020. Phase 3 at Site F is scheduled for completion in the fourth quarter of 2021.

(*CIFI, which participates in its development of Phases 2A, 2B and 3 at Site F and Phases 2 and 3 at Site B1, shares 50% of their costs and economic interests.)

Henderson Land Development Company Limited 72 Annual Report 2019