China Aoyuan Property :

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)

The board (the "Board") of directors of China Aoyuan Property Group Limited (the "Company", together with its subsidiaries, the "Group") is pleased to announce that to further enhance corporate governance and management Mr. Ma Jun ("Mr. Ma") has been appointed as an executive director of the Company with effect from 28 August 2015.
Mr. Ma, aged 38, is currently the chief operating officer of the Group and responsible for the management of real estate business operations of the Group. Before joining the Group in March 2015, Mr. Ma worked at 'l'�:ti.TXI'I0jjj (in English, for identification purpose only, Zhonghai Property Tianjin Company) as deputy general manager and ìll:t}J1J1ffi:ti.T(�i'/)ff�0jjj (in English, for identification purpose only, Shenzhen Ao Chen Property (Group) Co., Ltd.) as an executive vice president and possessed more than 15 years of experience in the real estate industry. Mr. Ma holds a
bachelor degree in Environmental Engineering awarded by Tianjin University in the PRC.
Mr. Ma has not held any directorship in the last three years in public companies which are listed in Hong Kong or overseas. Mr. Ma is the director of certain subsidiaries in the Group. Mr. Ma has entered into a service contract with the Company for a term of 3 years which can be terminated by either party giving
3 months' written notice. He is subject to retirement by rotation and re-election at least once every three years at the annual general meeting in accordance with the articles of association of the Company. Mr. Ma is entitled to receive a salary being RMB2,500,000 per annum and discretionary bonuses pegged to
performance.
1
Mr. Ma does not have any other interest in any shares or underlying shares of the Company, which is to be disclosed pursuant to Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). He does not have any relationship with any directors or senior management or substantial shareholders or controlling shareholders (as respectively defined in the Rules Governing the Listing of Securities (the "Listing Rules") of The Stock Exchange of Hong Kong Limited (the "Stock Exchange")) of the Company.
Save as disclosed above, there is no other information which is discloseable pursuant to any of the requirements under Rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules, and there are no other matters relating to the appointment of Mr. Ma that need to be brought to the attention of the shareholders of the Company.
The Board would like to welcome Mr. Ma for joining the Board.

The Board further announces that Mr. Paul Steven Wolansky ("Mr. Wolansky") has served a notice on the Board to resign as a non-executive director of the Company with effect from 27 August 2015 due to his intention to devote more time to his other personal commitment.
Mr. Wolansky confirmed that he has no disagreement with the Board and that he is not aware of any matters in relation to his resignation that need to be brought to the attention of shareholders of the Company or the Stock Exchange.
The Board would like to express sincere appreciation for Mr. Wolansky's invaluable contributions to the
Company during his period of service.
By order of the Board

Chairman

Hong Kong, 28 August 2015

As at the date of this announcement, the executive directors of the Company are Mr. Guo Zi Wen, Mr. Guo Zi Ning, Mr. Yang Zhong, Ms. Zhong Ping and Mr. Ma Jun; and the independent non-executive directors of the Company are Mr. Tsui King Fai, Mr. Cheung Kwok Keung and Mr. Hu Jiang.

2

distributed by