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Beijing Capital Juda Limited 首創鉅大有限公司

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Beijing Capital Juda Limited 首創鉅大有限公司 1 BEIJING CAPITAL JUDA LIMITED 首創鉅大有限公司 (formerly known as Juda International Holdings Limited 鉅大國際控股有限公司) (incorporated in the Cayman Islands with limited liability) (Stock Code: 1329) Beijing Capital Juda Invests in Changsha Outlets Project, Hunan Strategic deployment with exported managerial expertise to diversify development and cooperative models (November 23, 2015 – Hong Kong) Beijing Capital Juda Limited (“Beijing Capital Juda” or “the Company”, stock code: 1329.HK, the listed company controlled by Beijing Capital Land Ltd., one of the leading integrated property developers in China) today announced the successful signing of the “Joyous Sky Avenue Capital Outlets Joint Project Agreement” with Hunan Xiangjiang New Area Investment Group Co., Ltd. (“Hunan Xiangjiang New Area Investment Group”), in which the parties will co-invest to develop an outlets project (the “Outlets Project”) in Changsha Dawang Mountain Resort. The Outlets Project will be operated and managed by Beijing Capital Juda after completion. Xiangjiang New Area is the first “National District” in central China that was approved this year. Changsha Dawang Mountain Resort, located in Xiangjiang New Area, is positioned as a world-class tourist resort and conference center. The project is expected to launch for operation in 2017 and will feature a number of leisure projects such as the world’s largest indoor snow park and the Baxi Isle Water Park. This press release contains forward-looking statements that reflect the views of the management of BCL, or Beijing Capital Juda (as the case may be) as at the date of this press release with respect to future events and are subject to certain risks, uncertainties and assumptions. Accordingly, such statements are not a guarantee of future performance and you should not place undue reliance on such forward looking statements. 2 The Outlets Project is located in the central area of Changsha Dawang Mountain Resort, with a total construction area of 72,358 square meters and a floor area ratio of 1.2. We will leverage the scenic natural landscape of Changsha Dawang Mountain to build an outlets focusing on leisure and fashion with affordable luxury brands. It is currently planned to launch by the end of 2017. With the vision of “becoming the largest outlets developer in China,” Beijing Capital Juda will continue to actively explore diversified cooperative business models in order to rapidly deploy its strategies in target cities, enhance its brand awareness and market influence, and create competitive advantages by leveraging its scale. Cooperating with Hunan Xiangjiang New Area Investment Group not only allows the Company to realize strategic coverage in the key city of Changsha by joining forces with a strong partner, but also serves as an opportunity for Beijing Capital Juda to export its managerial expertise for the first time, which could pave the way for new cooperative business models in other locations nationwide. The Outlets Project is the fourth outlets project of Beijing Capital Juda this year. Since July, Beijing Capital Juda has acquired three other outlets projects located in Nanchang, Huzhou, and Wuhan. Taking into account the currently operating outlets projects in Fangshan, Huzhou, Wanning, and Kunshan, Capital Outlets has strategically established itself as a leading outlets brand in seven cities across the regions of Beijing, Tianjin, Hebei, the Yangtze River Delta, as well as the mid-south western regions of China, laying a solid foundation for continued business growth nationwide. -End- This press release contains forward-looking statements that reflect the views of the management of BCL, or Beijing Capital Juda (as the case may be) as at the date of this press release with respect to future events and are subject to certain risks, uncertainties and assumptions. Accordingly, such statements are not a guarantee of future performance and you should not place undue reliance on such forward looking statements. 3 About Beijing Capital Juda Limited (http://www.bcjuda.com/) Beijing Capital Land and its controlling shareholder Capital Group have completed the acquisition of Beijing Capital Juda in December 2013. Since completion of such acquisition, BCL became the controlling shareholder of Juda. Following the successful acquisition of Xi’an Outlets at the beginning of this year and various ongoing development projects, Juda plans to leverage on BCL’s experience and network in real estate development in China and its own expertise in commercial complex operation to focus on the development of integrated outlets and commercials projects and its strategic deployment in 17 target cities. About Beijing Capital Land Ltd. (http://www.bjcapitalland.com) Beijing Capital Land Ltd. (“BCL”, stock code: 2868.HK) is one of the leading integrated property developers in China. Aspiring to be “the Most Valuable Comprehensive Property Developer” in China, the Company focuses on three core business lines: Residential Property, “Residence + Outlet” Complex, and Urban Core Complex. This is complemented by innovative businesses such as primary land development. The Company differentiates itself from its peers through its fully integrated operations and the seamless coordination among all business lines, which helps to increase competitiveness. The Company focuses on five core cities: Beijing, Shanghai, Tianjin, Chongqing and Chengdu. The Company is committed to its strategy of “maximizing scale, accelerating turnover, destocking and optimizing business structure” and focuses on high turnover and home-buyer oriented products. Beijing Capital Group, one of Beijing’s largest enterprises and under the direct supervision of the Beijing Municipal Government, is the parent company of BCL. For further information, please contact Bryan Feng Beijing Capital Juda Limited – Vice President Christensen China Limited Tel: +852 2869 3288 Tel: +852 2117 0861 Mobile:+852 6852 0662 Fax: +852 2117 0869 Email: [email protected] Email: [email protected] This press release contains forward-looking statements that reflect the views of the management of BCL, or Beijing Capital Juda (as the case may be) as at the date of this press release with respect to future events and are subject to certain risks, uncertainties and assumptions. Accordingly, such statements are not a guarantee of future performance and you should not place undue reliance on such forward looking statements. .
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