Presentation on 2014 Interim Results

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 01628)

PRESENTATION ON 2014 INTERIM RESULTS

A presentation in relation to the interim results of Yuzhou Properties Company Limited for the period ended 30 June 2014 is appended to this announcement.

By order of the Board Yuzhou Properties Company Limited Lam Lung On Chairman

Hong Kong, 28 August 2014

As at the date of this announcement, the executive Directors of the Company are Mr. Lam Lung On (Chairman), Ms. Kwok Ying Lan, Mr. Lin Longzhi and Mr. Lin Conghui, and independent non-executive Directors of the Company are Mr. Gu Jiande, Mr. Lam Kwong Siu and Mr. Wee Henny Soon Chiang.

2014 Interim Results Announcement

28 August 2014 ABOUT YUZHOU PROPERTIES (01628. HK)

 A leading property developer in West Strait Economic Zone with footprints in Xiamen, Fuzhou and Quanzhou, the Top 3 largest cities in Fujian Province KEY FOCUS  Successful expansion into Shanghai, Hefei, Tianjin, Longyan, Bengbu and Zhangzhou

 Well-established market leader in Xiamen with nearly 2.05 million sq.m. of saleable land bank as at June 2014 CORE STRENGTH  Defensive land cost through smart land acquisitions : weighted average unit cost of land bank is 1,858 RMB/sq.m., accounting for 17.6% of 1H2014 contracted ASP  Sustainable high profit margin and low gearing compared to peers

 Total saleable GFA as at June 2014 : over 8.58million sq.m. LAND BANK  51% in West Strait Economic Zone, 44% in Yangtze River Delta and 5% in Pan-Bohai Rim  Acquired approx. 2.66m sq.m. of saleable GFA in 2013 and 0.41m sq.m. in 1H2014

2 ABOUT PRESENTERS

Founder, Mr. LAM, Lung On Chairman and Executive Director

Mr. CAI Minghui Excecutive President

Chief Financial Officer and Mr. Steve CHIU Company Secretary

Head of Ms. Venus Chiu Corporate Finance & Investor Relations

3 TABLE OF CONTENTS

I. FINANCIAL HIGHLIGHTS

II. BUSINESS REVIEW

III. FUTURE PERSPECTIVES

IV. APPENDIX

4 FINANCIALHIGHLIGHTS

5 HIGHLIGHTS OF 2014 INTERIM RESULTS

FINANCIAL HIGHLIGHTS FOR THE SIX MONTHS ENDED 30 JUNE 2014

Compared with 1H2013

 Recognized revenue: RMB3,924 million (+RMB2,892 million or +280%)

 Gross profit: RMB1,416 million (+RMB1,085 million or +328%)

 Core profit attributable to owners of parent: RMB486 million (+RMB391 million or +412%)

Compared with the end of Dec 2013

 Total equity: RMB8,065 million (+RMB593 million or +8%)

 Cash on hand: RMB7,667 million (+RMB3,784 milliom or +97%)

 Net gearing ratio: 66.6% (-11.4 percentage points)

6 1H2014 KEY PROFIT&LOSS ITEMS

Revenue* Gross Profit RMB million RMB million

6,439 2H 1,988 1,112 2H 2,939 3,924 1H 1,416 1H 955 1,032 431 331 FY2012 FY2013 1H2014 FY2012 FY2013 1H2013

EBITDA Core Profit RMB million RMB million

2,336 2H 995 2H 649 1,111 1H 1H 1,443 486 355 272 161 95 FY2012 FY2013 1H2014 FY2012 FY2013 1H2014

* After 5.55% Business Taxes 7 1H2014 REVENUE BREAKDOWN

(RMB’000) 1H2014 1H2013 Change 100%=RMB 3,924 million 100%=RMB 1,032 million Hotel operation 100% 7,271 - N/A 0.5% income 0.7% 0.7% Construction 0.7% 2.7% materials trading 27,871 5,043 +453% 98% income Property 26,892 27,667 -3% 96% management fees 2.4%

Rental income 28,282 24,960 +13% 94% 97.7%

Sales of properties 3,833,688 974,533 +293% 92% 94.4%

Total 3,924,004 1,032,203 +280% 90% 1H2014 1H2013 Hotel operation income Construction materials trading income Property management fees Rental income Sales of properties

8 ANALYSIS ON 1H2014 RECOGNIZED PROPERTY SALES

Recognized Property Sales* Recognized GFA & ASP

RMB million GFA (sq.m.) ASP (RMB/sq.m.) 500,000 10,718 10,579 12,000 9,478 400,000 362,396 9,000 300,000 6,374 2H 6,000 1H 200,000 2,886 102,815 3,834 100,000 83,827 3,000 898 975 0 0 FY2012 FY2013 1H2014 1H2012 1H2013 1H2014

Recognized Sales by City Recognized GFA by City % % 3 1 7 13 0 Xiamen Xiamen 4 Fuzhou 8 Fuzhou 2 Quanzhou Quanzhou Shanghai Shanghai Hefei Hefei

85 77

* After 5.55% Business Taxes 9 1H2014 KEY BALANCE SHEET ITEMS

Cash Position Total Debt RMB million RMB million 7,667 13,035

9,710 4,631 3,884 8,226 10,652 Long-term 7,726 5,274 Short-term

2,952 1,984 2,383 1H2013 FY2013 1H2014 1H2013 FY2013 1H2014

Total Asset Total Equity RMB million RMB million 33,413 7,472 8,065 26,015 27,362 6,116

1H2013 FY2013 1H2014 1H2013 FY2013 1H2014

10 1H2014 STABLE FINANCIAL POSITION

Net Gearing Ratio Debt Profile by Maturity

% % 12 100 18 78 80 Within 1 year 64 62 67 60 1 to 2 year 11 2 to 5 year 40 42 Over 5 year 20 17 0 2009 2010 2011 2012 2013 1H2014 59

Debt Profile by Currency Debt Profile by Type % %

43 36 Fixed US$ 44 interest rate HK$ Floating RMB interest rate 64

Total Debt = RMB13,035 million

11 BUSINESS REVIEW

12 SNAPSHOT OF LAND BANK

8.58million sq.m. as at June 2014* Saleable Average Land % of GFA No. of Cost saleable City (‘000 sq.m.) projects （RMB/sq.m.） GFA Bohai Rim Tianjin 451 2 1,061 5 Region Shanghai 640 6 3,369 8 Yangtze Hefei 2,425 5 1,569 28 River Delta

Tianjin Bengbu 668 1 660 8 Xiamen 2,047 23 2,954 24 Fuzhou 472 2 2,772 5 Bengbu West Strait Hefei Shanghai Econimic Quanzhou 1,312 3 377 15 Zone Longyan 312 1 1,921 4 Fuzhou Longyan Quanzhou Zhangzhou 255 1 2,400 3 Xiamen zhangzhou TOTAL 8,582 44 1,858 100 West Strait * In addition, there is also a project in Quanzhou with Primary Land Development Qualification Econimic Zone with an aggregate GFA 757,009 sq.m. under the framework agreement Unit Cost of Land Bank as % Contracted ASP Unit Cost of Land Bank as % 1H2014 Contracted ASP % % 25.0 30 25.7 18.8 22.5 20.0 17.7 16.6 17.0 17.3 17.6 15.3 15.5 20 18.7 17.6 15.0 11.8 13.4 10.0 10.7 10 13.0 14.9 5.0 5.2 0.0 0 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 1H2014 Xiamen Fuzhou Quanzhou Longyan Shanghai Hefei Bengbu Tianjin

13 MARKET LEADERSHIP IN XIAMEN, FUJIAN PROVINCE

6 Largest Land Bank* in Xiamen (As at June 2014) Million sq.m.

2.05 Fuzhou 7 2.00 5 8 1.60 1.63 4 Quanzhou 1.20 Longyan 0.87 0.80 0.65 0.55 Xiamen 9 0.53 3 2 1 0.38 0.34 0.26 Zhangzhou 0.40 0.17 0.00 Yuzhou Vanke Shimao BCDC Longfor CR Land MingfaPowerlong COLI SCE

Completed Under development Held for development

Selected projects in Xiamen Residential Market Share in Xiamen# 1 Yuzhou World Trade Center 2 Yuzhou Plaza 3 Yuzhou Shoreline % 15%

10.0% 9.1% 9.5% 9.3% 4 Yuzhou Golf 5 Yuzhou Central Coast 6 Yuzhou Riverside City Town 10% 8.0% 8.3% 7.1%

5% 7 Xiang’an New Project 8 Xiang’an New Project 9 Yuzhou Cloud Top International

0% 2008 2009 2010 2011 2012 2013 1H2014

* Source :Company filings, as at 30 June 2014 Xiamen Municipal Land, Resources & Housing Administrative Bureau # Note: In terms of GFA sold 14 1H2014 CONTRACTED SALES

Interest Contracted As of Contracted Contracted Contracted Sales # Project in Project Sales Total GFA ASP (1H2012 vs. 1H2013vs. 1H2014) City % (RMB mn) (%) (sq.m.) (RMB/sq.m.) 1 Yuzhou Golf Xiamen 100% 186 3% 11,753 15,800 RMB million 2 Yuzhou Shoreline Xiamen 100% 1,015 19% 52,427 19,364 Yuzhou Central Coast Phase I 10,959 3 Xiamen 80% 185 3% 20,162 9,158 (incl. car parking place) 4 Yuzhou Central Coast Phase II Xiamen 80% 47 1% 3,033 15,379 5,260 5 Yuzhou Central Coast Phase III Xiamen 80% 272 5% 13,925 19,562 6,529 6 Yuzhou Riverside City Town Xiamen 100% 200 4% 18,071 11,073 2H 7 Yuzhou Cloud Top International Xiamen 100% 475 9% 13,322 35,687 2,730 1H 8 Haicang Dream Town Xiamen 20% 587 11% 45,094 13,024 9 Yuzhou Gushan No.One Fuzhou 60% 24 0% 1,368 17,752 5,699 5,310 10 Yuzhou Oriental Venice Phase II Fuzhou 45% 136 3% 6,370 21,307 3,799 11 Yuzhou City Plaza Phase I Quanzhou 100% 318 6% 43,408 7,328 12 Yuzhou Castle above City Longyan 100% 16 0% 2,126 7,478 FY2012 FY2013 1H2014 13 Others Xiamen 100% 68 1% 14,253 4,794 West Strait Economic Zone 3,529 66% 245,313 14,389 14 Land Dream Shanghai 100% 41 1% 2,273 17,938 Yuzhou Skyline Phase I FY2012 FY2013 1H2014 15 Hefei 100% 35 1% 3,153 11,088 (incl. retail shops) Yuzhou Skyline Phase II 16 Hefei 100% 20 0% 1,456 13,920 # of Cities 6 7 8 (incl. retail shops) 17 Yuzhou Skyline Phase III Hefei 100% 588 11% 79,519 7,394 18 Yuzhou Jade lakeshire Hefei 100% 318 6% 42,465 7,497 # of Projects 17 20 21 19 Yuzhou Central Plaza Hefei 100% 500 9% 82,794 6,040 20 Yuzhou Prince lakeshire Bengbu 100% 134 3% 26,304 5,083 Yangtze River Delta 1,636 31% 237,964 6,875 ASP 8,951 10,499 10,546 21 Yuzhou Palace Country Tianjin 100% 145 3% 20,274 7,128 (RMB/sq.m.) Bohai Rim Region 145 3% 20,274 7,128 Total 5,310 100% 503,551 10,546

15 MONTHLY CONTRACTED SALES IN 2013 vs. 2014

Monthly Contracted Sales ( Jan 2013 – Jul 2014)

Contracted Sales ASP (RMB’million) (RMB/sq.m.) 2,500 2,410 16,000 14,642

13,799 13,407 14,000 12,655 2,000 13,417 11,501 12,000 10,531 9,815 10,094 11,108 9,488 1,521 10,000 1,500 8,432 8,988 9,867 9,337 9,263 1,263 9,302 8,000 8,687 8,576 1,000 879 917 890 797 819 822 791 6,000 716 678 704 709 685 599 577 492 536 4,000 500 2,000

0 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Contracted Sales in 2013 Contracted Sales in 2014 ASP in 2013 ASP in 2014

16 1H2014 SELL-THROUGH RATE REACHED 62%

The Average Sell-through Rate is 62% %

87 66 80 74 77 69 70 70 65 62 57 60 52 49 45 41 41 44 40 32 33

0 Golf Shoreline Central Riverside Cloud Top Deam Others Gushan Oriental City Plaza Castle Landream Skyline Jade Cental Prince Palace Average Coast City Town Int'l Town No. One Venice II I above Lakeshire Plaza Lakeshire Country City

City Xiamen Xiamen Xiamen Xiamen Xiamen Xiamen Xiamen Fuzhou Fuzhou Quanzhou Longyan Shanghai Hefei Hefei Hefei Bengbu Tianjin Total

GFA Launched 28,591 70,393 53,828 25,753 20,276 87,060 28,907 15,397 4,217 67,239 6,434 2,620 119,650 73,975 108,145 60,380 45,123 817,986 (sq.m.)

GFA Sold 11,753 52,427 37,121 18,071 13,322 45,094 14,253 6,370 1,368 43,408 2,126 2,273 84,128 42,465 82,794 26,304 20,274 503,551 (sq.m.)

17 LAND REPLENISHMENT IN 1H2014

Total Land Average Land Estimated Date of Site Saleable GFA City Project Type Methodology Cost Cost ASP Acquisition Area(sq.m.) (sq.m.) (RMB mn) (RMB/sq.m.) (RMB/sq.m.) January 2014 Quanzhou Resi/Retail Public Auction 61,481 110,666 85 769 7,000+ February 2014 Fuzhou Resi/Retail Plot Ratio Increasing 367,173 193,754 650 3,357 11,000+ May 2014 Hefei Resi/Com Public Auction 36,387 109,160 426 3,900 12,000+ Toatl 134,255 413,580 1,161 2,808 9,500+

Quanzhou Yuzhou City Plaza Phase III Fuzhou Oriental Venice Phase III Hefei Shushan New Project

City Plaza Yuzhou Shushan Phase III City Plaza New Project Phase I

Fuzhou City Yuzhou Central Center Hefei City Plaza (2013.01) City Plaza Yuzhou Center Skyline Phase I Yuzhou Oriental Venice Phase III Yuzhou New Quanzhou Project (2013.12) City Hall Yuzhou Jade Lakeshire

18 ABILITY TO OBTAIN SUSTAINABLE PROJECT FINANCE Credit Facilities Used Facilities Remaining Facilities # Lending Banks City (as of Jun,2014, RMB mn) (as of Jun,2014 RMB mn) (as of Jun,2014 RMB mn) 1 CCB Xiamen 2,070 1,538 533 2 ICBC Xiamen 1,502 2 1,500 3 ABC Xiamen 861 826 35 4 BOC Xiamen 748 748 - 5 BOC Shanghai 530 520 10 6 CCB Longyan 500 230 270 7 Bank of Shanghai Shanghai 485 460 25 8 CCB Hefei 390 190 200 9 CMSB Hefei 350 280 70 10 BOC Longyan 300 300 - 11 Xiamen Bank Xiamen 300 300 - 12 BOC Hefei 300 300 - 13 ICBC Tianjin 186 154 32 14 Ningbo Bank Shanghai 168 168 - 15 CITIC Bank Xiamen 150 - 150 16 Industrial Bank Shanghai 55 49 6 17 BEA Shanghai 30 30 - Onshore Sub -total 8,925 6,096 2,830 1 Club Loan Hong Kong/Macau 621 621 - 2 OCBC Hong Kong 372 266 106 3 Luso Bank Macau 58 58 - Offshore Sub -total 1,051 945 106 Total 9,976 7,040 2,936 The weighted average interest rate of onshore and offshore fundings is 8.50%

19 1H 2014 CASH FLOW POSITION (Unaudited) RMB Bn FY2013 1H2014 FY2014 RMB Bn (A) (A) (E) Cash on Cash on Hand (at the Cash on 3.73 3.88 3.88 Hand Hand beginning) 3.88 Cash Proceeds from Contracted Sales 8.04 4.83 10.80 Rental, Management Rental, Management Fee & Fee & Other Income Other Income 0.27 1.51 1.65 1.51 New Debt Drawdown 6.16 4.39 4.90 Cash Contracted Sales New Debt Cash Proceeds Drawdown Inflow 4.83 4.39 Paid Land Premium 4.51 2.60 4.15 Total Inflow 10.73 Construction Cost Capex 3.24 1.90 4.22 Construction Debt Cost Capex Repayment Other Expenses - Interest, Tax, 2.61 1.38 3.68 1.90 1.06 Dividend and Others Paid Land Other Cash Debt Repayment 3.69 1.06 2.26 Premium Expenses Total Outflow Outflow 2.60 1.38 6.94

Cash on Hand (at the ending) 3.88 7.67 6.92

20 FUTURE PERSPECTIVES

21 MARKET OUTLOOK

Policy  Central Government adopted market mechanism instead of administrative measures  Local governments started to loosen the “Housing Purchase Restriction” in their cities

 Tier 1 and certain tier 2 cities were still in a good market with more resilient Market  Certain 3 and 4 tier cities in excess of supply were facing more pressure

 Market correction and industry consolidation will continue in a middle term Trend  Urbanization will continously push the property market forward

22 OUR STRATEGIES TO WEATHER THE MARKET

Product and Pricing Flexibility Experienced Management

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

 Flexible pricing strategy in line with market expectations to  Effective marketing strategy, humanized design & boost sales volumes excellent cost control Defensive Competency Stable Cashflow

 Multiple existing projects contributed to strong contracted  Total cash on hand of RMB 7.67 billion and committed but sales in 2H 2014 undrawn borrowing facilities of RMB 2.94 billion as at 30

 Low cost land bank helps secure good margins and profitability June, 2014

 Renowned brand name in both home and new markets with  Keep cautious in land acquisition strong pricing power  Maintain the net gearing ratio at a manageable level

23 2H2014: DETAILED LAUNCH TABLE Planned Sales GFA for 2H 2014 Percentage of Planned # Project Name City Product Type Launch Type Saleable GFA(sq.m.) Sales GFA (%) Apartment Existing 2,023 0% 1 Yuzhou Golf Villa Existing 7,748 1% Car Parking Existing 8,455 1% Apartment Existing 2,400 0% Villa Existing 10,850 1% 2 Yuzhou Shoreline Retail Existing 1,343 0% Car Parking Existing 18,749 1% Apartment Existing 2,401 0% 3 Yuzhou Central Coast I&II SOHO Existing 5,837 0% Car Parking Existing 16,802 1% Apartment Existing 128,451 8% 4 Yuzhou Central Coast III Xiamen SOHO Existing 5,440 0% Apartment Existing 53,441 4% Villa Existing 38,032 2% 5 Yuzhou Riverside City Town Retail New Launch 7,792 1% Car Parking New Launch 2,807 0% 6 Yuzhou Cloud Top Int'l Apartment Existing 21,962 1% Apartment Existing 61,774 4% 7 Haicang Dream Town Retail Existing 13,017 1% Car Parking Existing 22,750 1% Apartment Existing 2,148 0% 8 Others Car Parking Existing 11,135 1% Apartment Existing 128,573 8% 9 Yuzhou City Plaza Quanzhou Retail Existing 15,952 1% Car Parking Existing 17,850 1% 10 Yuzhou Caste above City Longyan Apartment Existing 10,654 1% 11 Yuzhou Gushan No. One Villa Existing 22,546 1% 12 Yuzhou Oriental Venice I&II Fuzhou Villa Existing 7,065 0% 13 Yuzhou Oriental Venice III Apartment New Launch 73,681 5% West Strait Economic Zone 721,678 47.3% Retail Existing 12,938 1% 14 Yuzhou Jinqiao Int'l Car Parking Existing 9,720 1% Office Existing 347 0% Shanghai SOHO New Launch 22,124 1% 15 Yuzhou City Plaza Retail New Launch 5,143 0% Office New Launch 32,801 2% 16 Yuzhou Commercial Plaza Retail New Launch 12,000 1% Apartment Existing 2,397 0% 17 Yuzhou Skyline I&II Retail Existing 15,212 1% Car Parking Existing 59,204 4% Apartment Existing 113,720 7% 18 Yuzhou Skyline III Hefei Retail New Launch 14,890 1% 19 Yuzhou Jade Lakeshire Apartment Existing 82,358 5% 20 Yuzhou Central Plaza Apartment Existing 158,113 10% 21 Yuzhou Royal Seal Apartment New Launch 54,085 4% 22 Yuzhou Jade Lakeshire Bengbu Apartment Existing 94,974 6% Yangtze River Delta 690,026 45.2% 23 Yuzhou Palace Country Apartment Existing 68,498 4% Tianjin 24 Yuzhou Royal Lakeshire Apartment New Launch 44,995 3% Bohai Rim Region 113,493 247.4% Total 1,525,197 100% 2H2014: LAUNCH BREAKDOWN

By City By Launch Type % Tianjin % Shanghai 7 Xiamen Xiamen 6 Fuzhou New 29 Launch Existing Bengbu Quanzhou 18 6 Longyan Hefei Fuzhou Bengbu New Launch 7 Shanghai Hefei Longyan Quanzhou Existing 33 1 11 Tianjin 82 By Project Type By Region Office Bohai Rim % SOHO % Villa 2 Region 2 Apartment West Strait 6 7 Car Parking Retail Economic 11 Zone Car Parking West Strait Yangtze River Delta Retail Villa Yangtze Economic 6 River Delta Zone Bohai Rim Office 45 48 Region Apartment SOHO 73 100% = 1,525,197 sq.m.

25 MAJOR CONTRIBUTING PROJECTS IN 2H2014

Xiamen Yuzhou Central Coast Quanzhou Yuzhou City Plaza (廈門禹洲．中央海岸) (泉州禹洲城市廣場)

 Located at the seafront  Nearby the planning of Jimei District, right at new City Hall of Huian the transportation hub district  High-rise residential  High-rises low-rises units, commercial and residential units, retail SOHO and Shopping mall  Land cost: RMB  Land cost: RMB 2,557/s.qm., 338/sq.m.,  Current ASP:RMB  Current ASP:RMB 20,000/sq.m 7,000/sq.m. Hefei Yuzhou Skyline Hefei Yuzhou Central Plaza (合肥禹洲．天境) (合肥禹洲．中央廣場)

 Adjacent to the Govern-  Located at the East New ment Office of Hefei Town with total saleable  A community of 1.2 GFA of 1 million sq.m million sq.m. offers high-  High-rise residential rises, low-rises residential units with variety units, retail and school product type  Land cost: RMB  Land cost: RMB 377/sq.m., 1,421/s.qm.,  Current ASP: RMB  Current ASP:RMB 7,300/sq.m. 6,500/sq.m

26 LAND BANKING STRATEGY

Focus on the West Strait Economic Zone A new strategic focus and growth engine in China promoted by the State Council Penetrate further into the region To solidify the long-time market leadership by expanding into nearby cities Stick to our core competency Fujian To acquire land through Merger & Acquisition and participation in the government projects Land bank chart as at June 2014 Bengbu Tianjin 8% 5% Xiamen 24% Shanghai Yangtze River Delta (YRD)

Jiangxi Zhejiang Fuzhou 5% Hunan Fujian West Strait Hefei Fuzhou Economic Zone 28% Taipei

Quanzhou Guangdong Xiamen Shanghai 15% West Strait 8% ZhangzhouLongyan Taiwan 3% 4% Economic Zone Pearl River (51%) Delta (PRD)

27 APPENDIX

28 XIAMEN PROPERTY MARKET OVERVIEW

Residential Land Supply and Property Transactions in Xiamen

'000 sq.m. RMB/sq.m. 8,000 25,000 7,000 19,231 20,000 6,743 6,000 15,701 6,055 13,973 5,000 12,863 15,000 11, 600 4,883 4,000 9,708 9,891 4,543 4,490 8,8544,109 11,276 11,554 3,894 10,000 3,000 6,601 4,744 3,174 3,159 2,000 2,723 5,726 2,274 2,2472,472 5,000 4,032 4,348 1,000 1,823 3,229 3,810 3,397 4901,698 509 1, 0731 , 041 2, 701 1, 258 0 828 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014（1H） 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 on http://fdc.soufun.com; Land Supply Data for Residential Properties Supply(including social housing) Monthly Transaction Volume and ASP of Residential Properties '000sq.m. RMB/sq.m. 22,199 22,550 1,000 20,624 25,000 18,361 18,215 17,259 16,768 17,973 17,690 800 15,191 16,014 15,260 16,242 16,176 20,000 13,819 13,985 14,627 600 15,000 9,915 400 795 10,000 548 610 519 459 441 200 345 402 338 5,000 300 256 93 30 222 292 168 193 213 0 0 Jan‐13 Feb‐13 Mar‐13 Apr‐13 May‐13 Jun‐13 Jul‐13 Aug‐13 Sep‐13 Oct‐13 Nov‐13 Dec‐13 Jan‐14 Feb‐14 Mar‐14 Apr‐14 May‐14 Jun‐14

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

Source：Database on http://fdc.soufun.com; Data Only for Commodity Housing(excluding social housing)

29 FUZHOU PROPERTY MARKET OVERVIEW

Residential Land Supply and Property Transactions in Fuzhou

'000 sq.m. RMB/sq.m. 12,000 20,000 17,312 16,089 18,000 10,000 10,435 14,243 16,000 13,092 14,000 8,000 11,322 7,963 12,000 6,000 10,000 6,214 7,244 7,619 5,813 5,634 8,000 4,000 4,951 3,976 4,263 6,000 2,981 5,138 5,363 4,925 4,787 3,431 4,400 4,000 2,000 2,990 2,841 2,795 3,178 3,174 2,484 2,470 2,089 2,000 612 1,655 1,017 1,052 928 1,820 1,762 1,311 640 1,074 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014（1H） 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 on http://fdc.soufun.com; Land Supply Data for Residential Properties Supply(including social housing) Monthly Transaction Volume and ASP of Residential Properties

'000sq.m. RMB/sq.m. 18,446 450 18,160 18,120 17,724 17,835 20,000 16,560 17,247 16,804 16,417 17,091 17,024 400 15,294 15,990 15,874 16,063 15,294 16,028 15,679 350 15,000 300 250 10,000 200 382 150 313 267 252 280 100 236 205 224 213 221 208 5,000 164 184 155 161 50 104 130 140 0 0 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14

Monthly Transaction Volume of Residential Properties ‘000sq.m. ASP of Residential Properties RMB/sq.m. Source：Database on http://fdc.soufun.com; Data Only for Commodity Housing(excluding social housing)

30 SHANGHAI PROPERTY MARKET OVERVIEW

Residential Land Supply and Property Transactions in Shanghai

'000 sq.m. RMB/sq.m. 40,000 26,393 30,000 35,000 24,177 22,278 22,502 25,000 34,809 21,728 30,000 20,000 25,000 16,039 13,971 20,000 23,421 15,000 9,655 10,55620,128 16,914 17,806 15,000 17,941 17,776 18,999 7,767 16,151 9,778 10,000 14,565 13,754 8,784 10,000 7,944 6,632 4,852 12,820 3,996 8,779 8,972 9,377 5,000 5,000 7,514 3,215 9,897 7,287 2,121 3,4504,131 0 355 712 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014（1H）

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 on http://fdc.soufun.com; Land Supply Data for Residential Properties Supply(excluding social housing) Monthly Transaction Volume and ASP of Residential Properties

'000sq.m. RMB/sq.m. 27,651 1,600 28,000 26,551 1,400 25,840 25,951 27,000 25,476 25,730 25,751 1,200 24,903 24,908 25,005 25,062 26,000 24,541 1,000 24,020 24,133 25,000 23,448 23,512 800 23,149 23,159 24,000 1,518 1,433 1,398 1,282 600 1,123 23,000 1,010 944 978 930 400 902 772 901 761 22,000 699 595 714 200 540 418 21,000 0 20,000 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14

31 HEFEI PROPERTY MARKET OVERVIEW

Residential Land Supply and Property Transactions in Hefei

'000 sq.m. RMB/sq.m. 7,557 14,000 8,000 6,986 6,351 12,664 7,000 12,000 6,007 6,259 11,371 6,000 10,000 10,765 10,256 4,63510,684 9,403 9,531 4,100 9,619 5,000 8,000 8,900 8,439 3,154 7,754 4,000 6,000 2,799 2,874 3,684 3,000 5,833 4,000 5,374 6,2562,166 5,413 4,540 4,879 1,621 1,456 4,816 2,000 1,649 1,495 2,000 1,201 1,024 1,000 2,379 729 782 2,385 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014（1H）

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 on http://fdc.soufun.com; Land Supply Data for Residential Properties Supply(including social housing) Monthly Transaction Volume and ASP of Residential Properties

'000sq.m. RMB/sq.m. 2,000 10,000 7,780 7,647 7,147 7,180 7,148 7,343 7,490 7,404 7,497 6,697 6,927 6,710 7,024 8,000 1,500 6,398 6,135 6,479 6,438 6,378 6,000 1,000 1,749 4,000 1,170 1,291 500 1,075 998 1,040 1,002 903 822 945 814 883 874 871 2,000 628 621 742 707 0 0 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14

32 DETAILED LAND BANK TABLE Sold and Delivered Pre-sold Saleable Held for Investment Interest in the Project Site Area Location Unit Land Cost Total GFA Total Saleable GFA Held for Sale Only Land Reserve Saleable GFA GFA Only Project (sq.m.) (RMB/sq.m.) (sq.m.) (sq.m.) (sq.m.) (sq.m.) (sq.m.) (sq.m.) (sq.m.) % Completed Projects Yuzhou Overseas City 27,703 Xiamen 830 239,627 236,745 235,644 - - 1,101 1,101 100% Yuzhou Shuilian Manor 12,909 Xiamen 910 29,126 27,325 27,325 - - - - 100% Yuzhou Hai Tian Plaza 6,316 Xiamen 396 65,104 64,575 63,093 - 621 861 1,482 100% Yuzhou Harbour City 20,089 Xiamen 761 191,649 186,013 186,013 - - - - 60% Yuzhou New City 25,610 Xiamen 647 93,473 90,770 87,144 - 262 3,364 3,626 100% Yuzhou Garden 27,345 Xiamen 586 92,888 92,119 89,751 291 385 1,692 2,368 100% Yuzhou Galaxy Garden 26,367 Xiamen 1,718 93,925 91,689 91,368 - 321 - 321 100% Yuzhou New Manor 45,619 Xiamen 493 118,892 118,652 118,590 - 62 - 62 100% Yuzhou World Trade Center 19,454 Xiamen 845 204,476 182,640 131,852 1,197 491 49,100 50,788 100% Yuzhou Golden Seacoast 70,793 Xiamen 1,590 245,073 226,679 187,319 7,710 - 31,650 39,360 100% Yuzhou University City 90,750 Xiamen 932 480,252 467,112 440,666 663 18,687 7,096 26,446 100% Yuzhou Castle above City 52,715 Xiamen 1,273 235,984 231,017 166,049 51,898 10,312 2,758 64,968 100% Yuzhou Sunshine City 22,868 Xiamen 1,301 72,733 72,278 59,122 -137 13,293 - 13,156 100% Yuzhou Golf 55,986 Xiamen 1,165 129,187 114,574 61,655 10,120 42,799 - 52,919 100% Yuzhou Shoreline 107,622 Xiamen 3,560 473,184 421,316 276,776 38,366 91,774 14,400 144,540 100% Yuzhou Jinqiao International 49,738 Shanghai 1,242 234,484 230,955 166,728 22,837 8,675 32,715 64,227 100% Yuzhou Gushan No. One 234,160 Fuzhou 1,831 88,287 79,923 45,466 5,038 29,419 - 34,457 60% Sub-total 896,044 1,405 3,088,344 2,934,382 2,434,561 137,983 217,101 144,737 499,821 Projects Under Development Yuzhou International Hotel 60,018 Xiamen 1,175 125,221 102,142 - - - 102,142 102,142 100% Yuzhou Plaza 3,333 Xiamen 2,417 60,130 57,861 - - - 57,861 57,861 100% Yuzhou Central Coast 123,240 Xiamen 2,557 563,730 535,000 316,460 67,173 126,367 25,000 218,540 80% Yuzhou Riverside City Town 284,414 Xiamen 1,696 512,600 512,600 59,573 16,125 356,402 80,500 453,027 100% Haicang Vanke City (JV Project) 189,752 Xiamen 2,921 517,690 517,690 - 366,586 151,104 - 517,690 20% Yuzhou Cloud Top International 15,652 Xiamen 3,174 98,294 71,214 - 30,746 17,368 23,100 71,214 100% Yuzhou Commercial Plaza 40,911 Shanghai 2,367 135,880 110,460 - - - 110,460 110,460 100% Yuzhou Plaza 6,818 Shanghai 2,620 35,837 28,624 - - - 28,624 28,624 100% Yuzhou City Plaza 50,628 Shanghai 1,445 100,489 98,494 - - 63,217 35,277 98,494 100% Yuzhou Skyline 446,757 Hefei 377 1,230,259 1,222,859 583,873 177,350 364,336 97,300 638,986 100% Yuzhou Jade Lakeshire 95,978 Hefei 1,755 352,268 287,934 - 43,980 243,954 - 287,934 100% Yuzhou Central Plaza 279,535 Hefei 1,421 918,698 918,698 - 82,794 735,904 100,000 918,698 100% Yuzhou Prince Lakeshire 133,667 Bengbu 660 668,333 668,333 - 26,304 642,029 - 668,333 100% Yuzhou Oriental Venice 706,397 Fuzhou 2,846 559,266 549,185 111,631 49,146 364,075 24,333 437,554 45% Yuzhou Palace Country 135,173 Tianjin 1,060 320,374 319,748 - 70,330 249,418 - 319,748 100% Yuzhou Tuanbo Project 109,090 Tianjin 1,062 130,908 130,908 - - 130,908 - 130,908 100% Yuzhou Castle above City 100,878 Longyan 1,921 312,330 312,330 - 18,303 279,427 14,600 312,330 100% Yuzhou City Plaza Phase I 125,000 Quanzhou 338 491,800 491,800 113,660 51,335 326,805 - 378,140 100% Yuzhou City Plaza Phase II 241,707 Quanzhou 343 878,525 823,400 - 88,380 576,300 158,720 823,400 100% Sub-total 3,148,948 1,355 8,012,632 7,759,280 1,185,197 1,088,552 4,627,614 857,917 6,574,083 Projects Held for Future Development Yuzhou Xiang'an Resi Project 54,323 Xiamen 12,059 136,000 136,000 - - 136,000 - 136,000 100% Yuzhou Xiang'an Offi/Com Project 8,264 Xiamen 3,013 89,300 89,300 - - - 89,300 89,300 100% Yuzhou City Plaza Phase I 61,481 Quanzhou 769 110,666 110,666 - - 110,666 - 110,666 100% Yuzhou Jinshan Project 174,814 Shanghai 1,324 211,418 211,418 - - 211,418 - 211,418 100% Yuzhou Jiading Project 55,017 Shanghai 10,405 126,540 126,540 - - 126,540 - 126,540 100% Yuzhou Tianxi 156,667 Hefei 2,825 470,000 470,000 - - 470,000 - 470,000 100% Yuzhou Shushan Project 36,387 Hefei 3,900 109,160 109,160 - - 65,496 43,664 109,160 100% Yuzhou Zhangzhou Project 100,057 Zhangzhou 2,400 279,309 255,000 - - 255,000 - 255,000 100% Sub-total 647,010 3,950 1,532,393 1,508,084 - - 1,375,120 132,964 1,508,084 Total 4,692,002 1,688 12,633,369 12,201,746 3,619,758 1,226,535 6,219,835 1,135,618 8,581,988

33 DIVERSIFYING LAND BANK

As at 31 Dec 2013 As at 30 Jun 2014 By City By City % 5 Xiamen % 5 Xiamen 8 8 27 Fuzhou 24 Fuzhou Quanzhou Quanzhou Longyan Longyan Zhangzhou Zhangzhou 28 28 5 Shanghai 3 Shanghai Hefei Hefei Bengbu Bengbu 15 15 Tianjin 7 3 4 Tianjin 8 3 4 By Project Type By Project Type % 8 % 9 5 5 Residential Residential

Hotel & Office Hotel & Office

Commercial Commercial 87 86 100% = 8.53 million sq.m. 100% = 8.58 million sq.m.

34 1H2014 KEY FINANCIALS

For the period ended 30 Jun

1H2014 1H2013 Change (%)

Revenue (RMB’000) 3,924,004 1,032,203 +280%

Gross Profit (RMB’000) 1,415,512 330,559 +328%

Gross Profit Margin (%) 36.1% 32.0% +4.1pp

Core Profit (RMB’000) 486,053 94,987 +412%

Core Profit Margin (%) 12.4% 9.2% +3.2pp

EPS (RMB cents/share) 16.18 4.35 +272%

CEPS (RMB cents/share) 14.06 2.75 +412%

35 1H2014 KEY FINANCIALS

(RMB’000) As at 30 Jun 2014 As at 31 Dec 2013 Change (%) Total current assets 26,804,223 21,847,267 +23% Total non-current assets 6,609,002 5,515,054 +20%

Total current liabilities 13,998,881 11,483,173 +22%

Total non-current liabilities 11,349,319 8,407,243 +35% Total equity 8,065,025 7,471,905 +8% Cash and bank balances 7,667,127 3,883,626 +97%

Restricted Cash 360,531 375,686 -4%

Short Term Debt 2,382,653 1,984,444 +20% Long Term Debt 10,651,865 7,725,838 +38% Net Debt 5,367,391 5,826,656 -8% Net Gearing Ratio(%) 66.6% 78.0% -11.4%

36 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 be no assurance that the results and events 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. These forward-looking statements are based on our own information and on information 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 into any investment activity. No part of these materials, or the fact of its distribution or use, shall form the basis of or be relied upon in connection with any contract, commitment or investment decision in relation thereto.