HKSE Stock Code: 960 U Latest Projects On 12 March, the Group acquired the No.07 land plot in Hangzhou Dinqiao area. Located in the city’s northern core district, the project is only separated by a river from the land plot the Group acquired in February in Dingqiao Phase II area. The site enjoys convenient transportation links, being 20 minutes’ drive from Hangzhou Wulin Plaza and located near a planned station on the Metro Line 3. Occupying a site area of 43,500 sq.m., the plot provides a GFA of 95,800 sq.m., a total consideration of RMB780 milliom, and an accommodation value of RMB 8,143 per sq.m.. The project will be developed into an integrated mid-end residential Shanghai Liuhang community comprising high rise and low-rise apartments, and will target first-time (Layout Planning for home buyers and first-time property upgraders. Development) On 25 March, the Group acquired a plot of land in the Shanghai Liuhang area. Located at Baoshan district in northern Shanghai, the project is only 30 minutes’ drive from the People’s Square in downtown Shanghai. Occupying a site area of 82,000 sq.m. with a total GFA of 275,600 sq.m, the land plot is acquired with a total consideration of RMB1.078 billion and an accommodation value of RMB3,911 per sq.m.. The project will be developed into a large-scale integrated commercial project above the Metro (Panguang Road Station and Liuhang Station of Metro Line 7), comprising a shopping mall, retail units, SOHO home offices and office buildings. Corporate News On 14 March, the Group joined the United Nations Global Compact, a global Shaoxing Splendor corporate responsibility initiative based on voluntary participation. As the second Chinese property development enterprise to apply for the Global Compact, the Group will continue to practise what it preaches, to demonstrate its commitment to good corporate citizenship and to create more value for society. On 20 March, credit rating agency Moody’s upgraded the Group’s corporate family rating to Ba1 from Ba2, the highest level among Chinese property developers, and its senior unsecured bond rating to Ba2 from Ba3, giving both a “Stable” outlook. The Moody’s rating is a strong testament to Longfor’s leading credit-worthiness in the sector, with market and professional recognition of the Company’s stable financial position. Sales Overview For the three months ended 31 March, the Group achieved combined contract sales of RMB10.18 billion, equivalent to gross floor area of 998,000 sq.m, representing a year-on-year growth of 55.9% and 53.3%, respectively. Contract sales in March Chongqing reached RMB4.15 billion, and total GFA amounted to 416,000 sq.m. representing a Chunsen Starry Street year-on-year growth of 28.9% and 28.7%, respectively. The Western region, Pan Bohai Rim region, Yangtze River Delta region and southern China region recorded contract sales of RMB2.3 billion, RMB930 million, RMB850 million and RMB70 million, respectively. Investor Relations Contacts: Longfor Properties Co. Ltd. Hill + Knowlton Strategies Asia Rita ZHANG, Director, Investment and Financing Center Crystal YIP, Account Director Tyche SHI, Senior Manager, Investor Relations T: (852) 2894 6211 / 9720 6455 T: (8610) 8466 1893 / (8610) 8466 1882 E: [email protected] E: [email protected] .