Country Garden Holdings Company Limited

碧 桂 园 控 股 有 限 公 司 (2007.HK)

Newsletter April 2017

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. The Group became a constituent stock of MSCI Global Standard Indices on 1 September 2007, Hang Seng Composite Index and Hang Seng Mainland 100 on 10 September 2007, and FTSE China 50 Index on 14 September 2016.

Contracted Sales

For the first 3 month of 2017, the Group, together with its joint ventures and associates, achieved contracted sales of approximately RMB150.66 billion with contracted sales GFA of approximately 16.64 million square meters ("sqm") (among which, the contracted sales and contracted sales GFA attributable to owners of the Company amounted to RMB106.69 billion and

12.13 million sqm, respectively).

Geographical breakdown of contracted sales for the first 3 month of 2017 (By Value)

Fujian, 2%

Product type breakdown of contracted sales for the first 3 month of 2017 (By Value)

Parking space & commercial, 6%

Hubei, 2%

Guangxi, 3%

Henan, 3%

Hunan, 4%

Others*, 17%

Guangdong, 30%

Jiangsu,

High-rise residential, 79%

Low-rise residential, 15%

Zhejiang, 6%

Hainan, 8%

Anhui, 10%

15%

Note : Others* including Malaysia, Liaoning, Sichuan, Guizhou, Hebei, Tianjin, Gansu, Shandong, Jiangxi, Shanghai, Shanxi, Chongqing, Inner Mogolia, Yunnan, Heilongjiang, Shaanxi, Qinghai, Australia, Jilin.

City type breakdown of onshore contracted sales for the first 3 month of 2017 (By Value)

Cities with sales started

Domestic tier of cities breakdown of contracted sales for the first 3 month of 2017 (By Value)

from 2017, 1%

Located in tier 1 cities, targeting

tier 1 cities, 8%

Located in tier

Located in tier 2

cities, targeting tier 1 cities, 3%

Located in tier 3&4 cities, targeting tier 1

cities, 5%

Cities with sales started by the end of 2016, 99%

3&4 cities,

targeting tier 3&4 cities, 51%

Located in tier 2

cities, targeting tier 2 cities, 28%

Located in tier 3&4 cities, targeting tier 2 cities, 5%

Country Garden Holdings Company Limited

碧 桂 园 控 股 有 限 公 司 (2007.HK)

Newsletter April 2017

Co ntracted Sal es (Cont 'd )

Unit size breakdown of contracted sales of high- rise residential products for the first 3 month of 2017 (By Value)

Unit size breakdown of contracted sales of low- rise residential products for the first 3 month of 2017 (By Value)

Less than 90 sqm,

15%

300-500

sqm, 13% Over 500

sqm, 9%

Over 140

sqm, 31%

90-140

sqm, 54%

Less than 300 sqm,

78%

Top ten cities where the Group, together with its joint ventures and associates, achieved the highest contracted sales for the first 3 month of 2017 were as follows; the aggregated contracted sales amount in these 10 cities was approximately RMB58.9 billion, accounting for approximately 39.1% of the Group together with its joint ventures and associates' total contracted sales.

Cities (By Location)

Contracted Sales (RMB Billion)

Contracted Sales GFA

('000 Sqm)

Contracted Sales ASP (RMB per Sqm)

Guangdong - Guangzhou

9.61

642

14,962

Hainan - Lingshui

8.94

497

18,009

Guangdong - Huizhou

7.16

569

12,582

Jiangsu - Suzhou

6.73

504

13,350

Jiangsu - Zhenjiang

6.58

678

9,715

Guangdong - Dongguan

6.47

382

16,923

Guangdong - Foshan

4.70

383

12,269

Anhui - Fuyang

3.34

389

8,582

Henan - Zhengzhou

2.77

339

8,156

Shanghai - Shanghai

2.61

85

30,602

Country Garden Holdings Company Limited

碧 桂 园 控 股 有 限 公 司 (2007.HK)

Newsletter April 2017

New Land Acquisitions in China

The Group acquired RMB67.0 billion (including minority interests) new lands with an estimated GFA of 20.35 million sqm for the first 3 month of 2017 in China. The estimated attributable GFA to the owners of the Company in China was approximately 16.04 million sqm, and the total land premium was approximately RMB58.98 billion, the average land price was approximately RMB3,677 per sqm. The breakdown of the estimated attributable GFA or value to the owners of the Company was as follows:

Provinces breakdown of newly acquired lands for the first 3 month of 2017 (By GFA)

Project type breakdown of newly acquired lands for the first 3 month of 2017 (By GFA)

Old Projects, 4%

Fujian, 3%

Guizhou, 3%

Hubei, 4%

Beijing, 4%

Henan, 4%

Zhejiang, 4%

Others*, 12%

Guangdong, 22%

Anhui, 22%

New Projects, 96%

Hunan ,7%

Jiangsu, 15%

Note : Others* including Fujian, Tianjin, Hebei, Liaoning, Guangxi, Shanghai, Shanxi

City type breakdown of newly acquired lands for the first 3 month of 2017 (By Value)

Tier cities breakdown of newly acquired lands for the first 3 month of 2017 (By GFA)

Tier cities breakdown of newly acquired lands for the first 3 month of 2017 (By Value)

Newly entered cities in 2017, 1%

Located in tier 1 cities,

targeting tier 1 cities, 11% Located in tier2

cities, targeting

tier 1 cities, 1%

Located in tier 3&4 cities,

Located in tier 3&4 cities, targeting tier 3&4

Located in tier 1 cities,

Cities already entered at

Located in tier

3&4 cities, targeting tier 3&4 cities, 44%

targeting tier 1

cities, 7%

cities, 27%

Located in tier 3&4 cities, targeting tier

targeting tier 1

cities, 36%

the end of 2016, 99%

Located in

2 cities, 9%

Located in tier

2 cities,

targeting tier 2

cities, 22%

Located in

tier 2 cities, targeting tier

Located in tier 3&4 cities,

tier 2 cities,

targeting tier

Located in tier 3&4

cities, targeting tier

1 cities, 1%

targeting tier 2 cities, 17% 2 cities,20%

1 cities, 5%

Country Garden Holdings Company Limited

碧 桂 园 控 股 有 限 公 司 (2007.HK)

Newsletter April 2017

New Land Acquisition in 2017

Code

Province

Project

City (District)

Site Area

Expected GFA

Land Cost

CG Equity

(sqm)

(sqm)

(RMB Million)

Ratio**

1

Guangxi

Vanke Park*

Nanning(Liangqing)

75,940

227,820

759

40%

2

Tianjin

(To Be Confirmed)*

Tianjin(Jixian)

145,607

115,029

328

80%

3

Anhui

Xuancheng Country Garden Phase II*

Xuancheng(Xuanzhou)

41,549

83,098

144

51%

4

Jiangxi

(To Be Confirmed)*

Nanchang(Nanchang)

51,667

129,167

234

30%

5

Hebei

Country Garden-Guangting Lan*

Zhangjiakou(Huailai)

130,978

239,690

327

70%

6

Hunan

(To Be Confirmed)*

Hengyang(Leiyang)

34,468

51,702

42

55%

7

Anhui

Country Garden-Golden Time*

Fuyang(Yingzhou)

210,026

420,052

1,894

59%

8

Anhui

Country Garden-Jade Bay South*

Fuyang(Jingkai)

238,136

523,899

936

30%

9

Zhejiang

Lucheng Fengmen Country Garden*

Wenzhou(Lucheng)

27,729

55,459

282

100%

10

Zhejiang

Lucheng Fengmen Country Garden*

Wenzhou(Lucheng)

23,785

47,570

220

100%

11

Anhui

Country Garden-Jade Bay North*

Fuyang(Jingkai)

149,456

373,640

643

22%

12

Guizhou

Country Garden-Coast one*

Qiandongnan（Kaili)

244,379

268,817

403

100%

13

Henan

Country Garden-Moon Coast*

Zhumadian(Xincai)

120,800

302,001

289

100%

14

Henan

Country Garden-Jade City

Zhengzhou(Xingyang)

184,267

294,827

456

51%

15

Guangdong

(To Be Confirmed)

Huizhou(Huidong)

38,679

46,414

45

100%

16

Guangdong

(To Be Confirmed)*

Jiangmen(Xinhui)

55,709

167,127

451

47%

17

Guizhou

Country Garden-Institution One*

Guiyang(Huaxi)

82,309

164,618

121

100%

18

Anhui

Country Garden-Dragon Mansion*

Chuzhou(Langya)

141,880

312,136

952

85%

19

Guangdong

(To Be Confirmed)*

Zhongshan(Sanxiang)

54,634

136,584

820

85%

20

Shanxi

Country Garden-Tianhui*

Taiyuan(Xiaodian)

12,757

51,030

101

30%

21

Anhui

(To Be Confirmed)*

Wuhu(Wuhu)

59,080

129,976

107

51%

22

Anhui

(To Be Confirmed)*

Hefei(Binhu)

67,340

168,350

2,682

100%

23

Guangdong

(To Be Confirmed)*

Qingyuan(Qingcheng)

129,653

318,947

863

100%

24

Guangdong

(To Be Confirmed)*

Qingyuan(Qingcheng)

104,253

272,101

696

100%

25

Hubei

Jingzhou Country Garden*

Jingzhou(Shashi)

72,987

255,454

470

100%

26

Liaoning

(To Be Confirmed)*

Shenyang(Heping)

38,127

141,069

421

100%

27

Zhejiang

(To Be Confirmed)*

Hangzhou(Xiaoshan)

32,427

74,582

522

100%

28

Zhejiang

(To Be Confirmed)*

Hangzhou(Xiaoshan)

48,320

120,800

882

100%

29

Zhejiang

(To Be Confirmed)*

Hangzhou(Xiaoshan)

24,306

63,196

681

100%

30

Zhejiang

(To Be Confirmed)*

Hangzhou(Xiaoshan)

39,617

99,043

1,068

100%

31

Fujian

Country Garden-Gui'an Mansion*

Fuzhou(Lianjiang)

184,407

210,224

470

75%

32

Hebei

(To Be Confirmed)*

Langfang(Bazhou)

33,640

67,280

726

51%

33

Hunan

Country Garden-Ten Mile Coast*

Huaihua(Hecheng)

275,140

605,308

389

100%

34

Hunan

(To Be Confirmed)*

Changsha(Wangcheng)

44,180

66,270

114

100%

35

Hubei

(To Be Confirmed)*

Wuhan(Caidian)

37,002

92,505

71

100%

Country Garden Holdings Company Limited

碧 桂 园 控 股 有 限 公 司 (2007.HK)

Newsletter April 2017

New Land Acquisition in 2017

Code

Province

Project

City (District)

Site Area

Expected GFA

Land Cost

CG Equity

(sqm)

(sqm)

(RMB Million)

Ratio**

36

Guizhou

Country Garden-Guiyang One

Guiyang(Huaxi)

130,233

265,675

193

43%

37

Liaoning

(To Be Confirmed)*

Shenyang(Hunnan)

35,013

105,040

173

100%

38

Jiangsu

(To Be Confirmed)*

Yancheng(Tinghu)

111,764

189,999

502

100%

39

Jiangsu

(To Be Confirmed)*

Yancheng(Tinghu)

99,553

159,286

464

100%

40

Guangdong

Gaoming Country Garden*

Foshan(Gaoming)

41,109

90,441

92

100%

41

Jiangxi

(To Be Confirmed)*

Jiujiang(Balihu)

96,496

270,190

731

100%

42

Fujian

(To Be Confirmed)*

Zhangzhou(Zhao'an)

27,607

91,103

121

100%

43

Shanghai

(To Be Confirmed)*

Shanghai(Baoshan)

89,155

136,852

2,245

100%

44

Hunan

Country Garden - Star Mansion*

Changsha(Changsha)

30,573

123,517

165

100%

45

Guangdong

(To Be Confirmed)*

Guangzhou(Conghua)

18,813

56,440

249

90%

46

Jiangsu

Country Garden - Boyuebinjiang*

Taizhou(Jingjiang)

86,554

155,798

562

100%

47

Guangxi

Country Garden - City Center One*

Liuzhou(Yufeng)

46,873

117,183

511

94%

48

Jiangsu

Country Garden - Jiangnanshijia*

Zhenjiang(Jurong)

221,554

620,352

1,595

100%

49

Jiangsu

Country Garden - Central Park*

Zhenjiang(Jurong)

285,921

834,889

2,059

100%

50

Anhui

Country Garden - Aoneng Flourish Rome*

Chuzhou(Quanjiao)

224,940

562,351

341

43%

51

Anhui

Country Garden - Aoneng Flourish Rome*

Chuzhou(Quanjiao)

295,951

739,878

801

43%

52

Anhui

Country Garden - Aoneng Flourish Rome*

Chuzhou(Quanjiao)

330,198

670,301

248

43%

53

Hubei

Country Garden - Bund View*

Wuhan(Huangpo)

19,513

52,685

71

100%

54

Jiangsu

Baoying Country Garden

Yangzhou(Baoying)

19,625

52,006

89

100%

55

Hebei

Country Garden - Tianhui*

Shijiazhuang(Qiaoxi)

30,407

95,477

412

51%

56

Jiangsu

Country Garden - Phoenix Mansion*

Wuxi(Jiangyin)

93,307

149,291

143

100%

57

Zhejiang

Jiazhi Country Garden*

Taizhou(Jiaojiang)

60,354

150,885

1,006

100%

58

Jiangsu

Suqian Country Garden

Suqian(Susuyuan District)

106,444

146,893

161

100%

59

Guangdong

Leping Country Garden*

Foshan(Sanshui)

46,987

117,467

300

100%

60

Jiangs

u

Country Garden - Sunac Lingyu*

Yangzhou(Jiangdu)

53,956

107,912

380

51%

61

Fujian

Country Garden - Yue Fu*

Ningde(Gutian)

20,747

58,092

135

100%

62

Anhui

Country Garden - Wantingyinxiang*

Chuzhou(Nanqiao)

72,123

144,246

292

100%

63

Guangdong

(To Be Confirmed)*

Zhongshan(Nanqu)

19,566

48,915

82

85%

64

Beijing

(To Be Confirmed)*

Beijing(Changping)

644,410

612,189

7,000

100%

65

Guangdong

(To Be Confirmed)*

Shenzhen(Longgang)

38,259

153,038

428

50%

66

Guangdong

(To Be Confirmed)*

Zhongshan(Nantou)

36,414

109,241

500

100%

67

Anhui

Country Garden - Jinlingtianxia*

Chuzhou(Nanqiao)

104,407

208,814

535

100%

68

Anhui

Country Garden - Shifugongguan*

Chuzhou(Chengnan)

98,553

194,149

730

100%

69

Guangdong

(To Be Confirmed)*

Zhongshan(Guzhen)

21,423

59,985

360

100%

70

Guangdong

(To Be Confirmed)*

Zhongshan(Guzhen)

16,701

41,753

251

100%

Country Garden Holdings Company Limited

碧 桂 园 控 股 有 限 公 司 (2007.HK)

Newsletter April 2017

New Land Acquisition in 2017

Code

Province

Project

City (District)

Site Area

Expected GFA

Land Cost

CG Equity

(sqm)

(sqm)

(RMB Million)

Ratio**

71

Guangdong

(To Be Confirmed)*

Zhongshan(Henglan)

14,688

29,377

103

100%

72

Hubei

Country Garden - The Cullinan*

Xiaogan(Yingcheng)

116,207

209,173

141

85%

73

Guangdong

(To Be Confirmed)*

Huizhou(Huidong)

69,993

153,984

679

100%

74

Guangdong

(To Be Confirmed)*

Huizhou(Huidong)

38,015

83,634

299

100%

75

Guangdong

(To Be Confirmed)*

Huizhou(Huicheng)

74,516

108,049

551

100%

76

Guangdong

(To Be Confirmed)*

Huizhou(Huicheng)

88,962

133,443

604

100%

77

Guangdong

(To Be Confirmed)*

Huizhou(Huicheng)

25,754

54,598

184

100%

78

Anhui

Country Garden - City of Light*

Liuan(Jin'an)

165,984

365,165

1,603

51%

79

Anhui

Country Garden - Diamond City*

Hefei(Lujiang)

95,480

143,220

620

85%

80

Tianjin

(To Be Confirmed)*

Tianjin(Jizhou)

415,015

166,006

542

100%

81

Guangdong

(To Be Confirmed)*

Guangzhou(Panyu)

13,187

32,968

168

100%

82

Guangdong

Country Garden Triumph City*

Maoming(Maonan)

40,254

140,887

285

60%

83

Anhui

Huoqiu Country Garden*

Liuan(Huoqiu)

216,738

476,824

621

100%

84

Guangdong

Sanxiang Country Garden*

Zhongshan(Sanxiang)

106,167

246,308

213

30%

85

Guangdong

(To Be Confirmed)*

Huizhou(Huicheng)

80,182

160,363

381

100%

86

Guangdong

Country Garden - Shouyu*

Huizhou(Huicheng)

44,760

102,501

443

100%

87

Hunan

Suining Country Garden*

Shaoyang(Suining)

56,507

109,623

43

100%

88

Guangdong

(To Be Confirmed)*

Guangzhou(Tianhe)

13,574

30,542

307

95%

89

Hebei

Country Garden - Beijing County

Zhangjiakou(Xiahuayuan)

45,600

87,096

44

43%

90

Henan

Country Garden - Phoenix Bay Phase II

Xinxiang(Pinyuan)

112,421

202,357

211

51%

91

Hebei

Country Garden Jade County*

Chuangzhou(Botou)

57,000

114,001

64

45%

92

Hainan

Country Garden - Sanya Hui*

Sanya(Jiyang)

21,720

78,192

398

65%

93

Henan

Sanmenxia Country Garden*

Sanmenxia(Xiaxian)

71,274

112,612

139

51%

94

Fujian

(To Be Confirmed)*

Quanzhou(Fengze)

48,663

77,861

330

86%

95

Hunan

Country Garden - Grand Garden*

Loudi(Louxing)

87,176

174,352

115

100%

96

Fujian

Country Garden - Zhengyang Mansion*

Ningde(Xiapu)

26,277

104,056

240

74%

97

Anhui

Country Garden - Zijin Manor*

Maanshan(Bowang)

40,252

68,429

65

51%

98

Guangdong

Chaoan Country Garden*

Chaozhou(Chaoan)

49,098

196,392

236

100%

99

Zhejiang

Country Garden - The One*

Taizhou(Huangyan)

73,580

220,740

484

27%

100

Fujian

(To Be Confirmed)*

Zhangzhou(Longwen)

25,870

95,462

260

60%

101

Guangxi

(To Be Confirmed)*

Liuzhou(Liudong)

94,613

236,531

854

93%

102

Jiangsu

Gaotie New Town Country Garden*

Suzhou(Xiangcheng)

7,713

42,424

70

100%

103

Jiangsu

(To Be Confirmed)*

Wuxi(Jiangyin)

58,984

129,765

119

51%

104

Guangdong

(To Be Confirmed)*

Guangzhou(Zengcheng)

95,833

287,500

4,312

100%

105

Guangdong

(To Be Confirmed)*

Guangzhou(Zengcheng)

34,300

102,901

1,542

100%

Country Garden Holdings Company Limited

碧 桂 园 控 股 有 限 公 司 (2007.HK)

Newsletter April 2017

New Land Acquisition in 2017

Code

Province

Project

City (District)

Site Area

Expected GFA

Land Cost

CG Equity

(sqm)

(sqm)

(RMB Million)

Ratio**

106

Guangdong

(To Be Confirmed)*

Guangzhou(Zengcheng)

118,934

356,802

5,351

100%

107

Hunan

(To Be Confirmed)*

Changsha(Wangcheng)

53,024

79,535

200

100%

108

Shandong

Country Garden - Jizhou Impression

Jining(Rencheng)

42,854

79,279

154

60%

109

Anhui

Country Garden - Orient Palace*

Chuzhou(Laian)

46,056

73,689

105

100%

110

Anhui

Country Garden - Zijin Manor*

Maanshan(Bowang)

88,093

158,567

271

100%

111

Guangdong

Country Garden - Smart Home*

Yangjiang(Yangdong)

57,089

139,296

117

95%

Total

-

9,963,149

20,352,624

67,004

-

March sub-total

-

1,914,604

4,484,887

17,974

*New projects in 2017

**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 acquired after October 2014.

Country Garden Holdings Company Limited published this content on 28 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 May 2017 14:22:10 UTC.

Original documenthttp://en.bgy.com.cn/upload/file/2017-04-28/e0279a8f-0523-4b64-85e3-cecc0056616d.pdf

Public permalinkhttp://www.publicnow.com/view/73637DEF13B88F4912AE6491A16C813D5609C744