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Newsletter June 2015 2015.06.25 Country Garden Holdings Company Limited 碧 桂 园 控 股 有 限 公 司 Newsletter Stock Code:2007.HK June 2015 Country Garden Holdings Company Limited (“Country Garden” or the “Company”) together with its subsidiaries, (collectively, the “Group”) (stock code: 2007) is one of China’s leading integrated property developers. It has standardized operations with business comprising property development, construction, installation, fitting, property management, as well as hotel development and management. In addition, “Country Garden” has been named by the PRC State Administration for Industry and Commerce as “China’s Well-Known Trademarks” in the property sector in 2006. The Group became a constituent stock of MSCI Global Standard Indices on 1 September 2007. It also became a constituent stock of Hang Seng Composite Index 200 and Hang Seng Mainland Composite Index on 10 September 2007. Contracted Sales For the first 5 months of 2015, the Group achieved contracted sales of approximately RMB36.83 billion with contracted sales GFA of approximately 5.89 million square meters. Geographical breakdown of contracted sales for Product type breakdown of contracted sales the first 5 months of 2015 (By Value) for the first 5 months of 2015 (By Value) Parking space & commercial, 6% Liaoning, Others*, 3% 18% Fujian, 3% Guangdong, Low-rise Zhejiang, 36% residential, High-rise 4% 28% Hainan, residential, 66% 5% Jiangsu, Hunan, Anhui, 12% 5% 8% Hubei, 6% Note : Others* including Shandong, Malaysia, Jiangxi, Chongqing, Guizhou, Guangxi, Sichuan, Gansu, Tianjin, Australia, Inner Mongolia, Henan, Hebei, Yunnan, Shanxi, Heilongjiang, Jilin. City type breakdown of onshore contracted sales Target market type breakdown of contracted for the first 5 months of 2015 (By Value) sales for the first 5 months of 2015 (By Value) Cities with sales Oversea cities, started from 2% 2015, 3% Tier 1&2 cities, 50% Tier 3&4 Cities with sales started cities, 48% by the end of 2014, 97% 1 Investor Relations Department – PR Consultant – iPR Ogilvy & Mather Country Garden Holdings Company Limited Callis Lau – Co-Managing Director Email: [email protected] D: (852) 2136 6952 F: (852) 3170 6606 E: [email protected] Country Garden Holdings Company Limited 碧 桂 园 控 股 有 限 公 司 Newsletter Stock Code:2007.HK June 2015 Contracted Sales (Cont’d) Unit size breakdown of contracted sales of high- Unit size breakdown of contracted sales of rise residential products for the first 5 months low-rise residential products for the first 5 of 2015 (By Value) months of 2015 (By Value) Over 500 Over 140 sqm,14% Less than sqm, 90 sqm, 19% 300-500 25% sqm,15% Less than 90-140 sqm, 300 sqm, 56% 71% Top ten cities where the Group achieved the highest contracted sales for the first 5 months of 2015 were as follows; the Group’s aggregated contracted sales amount in these 10 cities was approximately RMB14.58 billion, accounting for 40% of the Group’s total contracted sales. Contracted Sales Contracted Sales Contracted Sales ASP Cities of the Contracted Sales GFA (RMB Billion) (RMB per Sqm) ('000 Sqm) Guangdong – Dongguan City 1.99 276 7,207 Guangdong – Guangzhou City 1.83 148 12,346 Guangdong – Huizhou City 1.73 233 7,417 Hainan – Lingshui City 1.63 94 17,309 Guangdong – Foshan City 1.51 181 8,329 Guangdong – Shaoguan City 1.27 261 4,883 Jiangsu – Nantong City 1.19 179 6,663 Guangdong – Jiangmen City 1.17 221 5,299 Gansu – Lanzhou City 1.13 132 8,573 Liaoning – Shenyang City 1.13 204 5,528 2 Country Garden Holdings Company Limited 碧 桂 园 控 股 有 限 公 司 Newsletter Stock Code:2007.HK June 2015 New Land Acquisitions The Group acquired RMB5.12 billion (including minority interests) new lands with an estimated GFA of 4.67 million sqm for the first 5 months of 2015. The estimated attributable GFA to the owners of the Company was approximately 4.02 million sqm, and the total land premium was approximately RMB4.44 billion, the average land price was approximately RMB1,104 per sqm. The breakdown of the estimated attributable GFA to the owners of the Company was as follows: Provinces breakdown of newly acquired lands for Project type breakdown of newly acquired the first 5 months of 2015 (By GFA) lands for the first 5 months of 2015 (By GFA) Shanghai, Zhejiang, Shandong, 1.9% 2.4% 0.3% Anhui, Hainan, 2.6% 8.9% Old Projects, Guangdong, 29.9% Jiangsu, 27.8% 21.4% New Projects, 70.1% Shaanxi, Hebei, Fujian, 6.0% 21.9% 1.3% Guizhou, Henan, 2.4% 3.1% City type breakdown of newly acquired lands for Target market type breakdown of newly the first 5 months of 2015 (By GFA) acquired lands for the first 5 months of 2015 (By GFA) Tier 1&2 Newly entered cities, cities in Cities already 31.5% 2015, 41.1% entered at the Tier 3&4 end of 2014, cities, 58.9% 68.5% 3 Country Garden Holdings Company Limited 碧 桂 园 控 股 有 限 公 司 Newsletter Stock Code:2007.HK June 2015 New Land Acquisition in 2015 Site Area Expected GFA Land Cost CG Equity Province Project City (District) (sqm) (sqm) (RMB Million) Ratio** Country Garden - Jade Bay Anhui Phase II Wuhu (Wuwei) 68,667 123,601 160 85% Renhuai Country Garden Guizhou Phase II Zunyi (Renhuai) 100,000 57,000 88 100% Suzhou Jiangsu Tong’an Country Garden* (Hi-tech District) 24,996 44,993 89 90% Baoying Country Garden Jiangsu Phase II Yangzhou (Baoying) 120,000 201,600 381 100% Guangdong Tianhui Country Garden* Dongguan (Dalang) 56,000 112,000 250 100% Country Garden - Phoenix City Zhenjaing (Jurong) Jiangsu (new land replenishment) 75,333 210,932 79 100% Country Garden - Europe City Jiangsu (new land replenishment) Chuzhou (Nanqiao) 76,667 98,900 75 100% Jiangsu Jintan Country Garden* Changzhou (Jintan) 86,886 217,215 262 100% Country Garden - Coral Palace Lingshui (Yingzhou) Hainan Phase II (2) 58,667 96,800 113 55% Country Garden - Coral Palace Hainan Phase II (3) Lingshui (Yingzhou) 79,333 105,513 151 55% Fujian Fu’an Country Garden* Ningde (Fu’an) 15,817 23,725 33 30% Fujian Jian’ou Country Garden* Nanping (Jian’ou) 51,374 102,748 62 43% Guangdong Lufeng Country Garden* Shanwei (Lufeng) 247,975 495,950 134 100% Shanghai Jiading Country Garden* Shanghai (Jiading) 62,443 74,932 608 100% Country Garden - Coral Palace Lingshui (Yingzhou) Hainan Phase III (1) 125,280 224,251 244 55% Guangdong Leizhou Country Garden* Zhanjiang (Leizhou) 97,213 243,033 118 100% Wuhua Country Garden Meizhou (Wuhua) Guangdong Phase II 23,195 60,307 34 100% Shaanxi Hancheng Country Garden* Weinan (Hancheng) 80,914 242,742 73 100% Guizhou Zhijin Country Garden* Bijie (Zhijin) 33,333 38,666 22 100% Country Garden - Coral Palace Hainan Phase III (2) Lingshui (Yingzhou) 118,000 224,200 233 55% Quzhou Country Garden Zhejiang Phase II Quzhou (Donggang) 76,683 97,388 66 100% Country Garden – Ten Miles Yantai (Haiyang) Shandong Golden Beach Phase II 67,333 14,140 38 90% Henan Xuchang Country Garden* Xuchang (Xuchang) 287,631 287,631 151 43% Jiangsu Changshu Country Garden* Suzhou (Changshu) 38,000 91,200 385 100% Hebei Xingtai Country Garden* Xingtai (Xingtai) 431,334 690,134 323 100% Luanzhou Ancient City Tangshan (Luanzhou) Hebei Country Garden* 72,000 129,600 63 99% TBC* Guangzhou Guangdong (Zengcheng) 135,333 243,599 790 85% Luanping Country Garden* Hebei (TBC) Chengde (Luanping) 120,000 120,000 93 50% Total 2,830,407 4,672,801 5,118 - - May sub-total 1,379,647 1,936,558 2,164 *New projects in 2015 **CG’s project level equity stake may subject to change due to the implementation of the partnership scheme, under which CG’s senior management teams from both HQ and project level are required to take no more than 15% of equity of all the projects 4 acquired after October 2014..
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