Yuzhou Properties : 01628.HK) Acquires Coastal Greenland (01124.HK)’s Multiple Quality Projects Speeding up in-depth Nationwide Layout, Expecting 100 Billion Target in 2020

[For Immediately Release]

Yuzhou Properties (01628.HK) Acquires Coastal Greenland (01124.HK)'s Multiple Quality

Projects

Speeding up in-depth Nationwide Layout, Expecting 100 Billion Target in 2020

(15 Jan 2018, Hong Kong) One of China's top 40 real estate enterprises, Yuzhou Properties Company Limited ("Yuzhou Properties" or the "Company", together with its subsidiaries referred to as the "Group"; stock code: 01628.HK) is pleased to announce that a wholly owned subsidiary of the Company (the Purchaser) entered into a sale and purchase agreement with Coastal Greenland Limited (stock code: 01124.HK, or "Coastal Greenland") on 13 January 2018, pursuant to which the Vendor has agreed to sell and the Purchaser agreed to acquire the target company, a subsidiary of Coastal Greenland, constituted by 7 projects. The consideration for the acquisition is RMB3,800,000,000, covering the attributable salable gross floor area ("GFA") of more than 3.13 million square meters (sq.m.). Its attributable salable resources amounted to over RMB40 billion, while the 7 projects primarily located at the first and core second tier cities.

Acquired multiple premium projects, safeguard for future considerable profit

The acquisition consists of the major prominent properties projects from the Coastal Group, which comprising three premium land parcels, namely Tianjin Beichen Project, Shenyang Sujiatun Project and Beijing Beishi Project as well as four projects in sale, namely Wuhan Lingjiao Lake Project, Sai Luo Cheng Project, Shenyang Coastal International Center Project and Foshan Coastal Xinting Project. All projects are located in the first and core second tier cities, commanding superior geographical locations and great potential for further development.

After this acquisition, Yuzhou Properties initiated its footprint into cities of Beijing, Foshan and Shenyang and it acquired superior land parcels and projects in Tianjin, Wuhan and Shenyang. It further solidified Yuzhou Properties' in-depth development in five metropolitan regions including Beijing-Tianjin-Hebei, Guangdong-Hong Kong-Macau Big Bay Area ("Big Bay Area") and Central China and initiative expansion into the core area of Northeast China.

Yuzhou has also sped up in-depth nationwide layout coverage, aiming for a cross-regional development. Meanwhile, the acquisition also includes several highly demanded investment properties such as office buildings, hotels and shopping arcades, and three of which are in Beijing, Wuhan and Shenyang's commercial centers. These premium investment properties will provide Yuzhou Properties with a recurring cash, diversified resources of revenue and an affluent congregation of products.

Wonderful Sky Financial Group •皓天財經集團有限公司

6/F, Nexxus Building, 41 Connaught Road, Central, Hong Kong 中 環干諾道中 41 號盈置大廈 6樓

T: 852 - 2851 1038 F: 852 - 2815 1352 E:enquiry@wsfg.hk

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In addition, as we acquired a considerable amount of land reserve through mergers and acquisitions, it will not only better prepare Yuzhou to achieve RMB100 billion sales target and sustain above such, but also effectively reduced land costs and secure considerable profit margins in the future. Therefore, Yuzhou is expected to realize an overall healthy, stable and quality growth.

Debuted in Beijing and high-end office in CBD expected

Beijing Beishi project is prominently located in CBD area within Beijing three-ring road, adjoining the China International Trade Center. The project's site area is 8.55 thousand sq.m. and the total GFA is 39.2 thousand sq.m., with a plan to build high-end offices. The project, being considered as one of the valuable investment properties, is expected to introduce another source of recurring income for the Company.

In-depth development in Tianjin with premium integrated primary-and-secondary land development project, expecting attributable salable resources of RMB25 billion

The Tianjin project is a government-led, integrated primary-and-secondary land development project. While adjoining Tianjin central city, it is east to the border of the green belt of outer ring road, south to Guihua road, west to Xianzhuang industrial area and north to North Grand Canal (Beiyunhe), with a total site area of approximately 2.92 million sq.m. and the GFA of approximately 3.32 million sq.m.. Its potential salable resources amounted to approximately RMB83 billion, of which Yuzhou Properties owns 30% equity stake, as expected.

Intensive development into Beijing-Tianjin-Hebei region has become one of the strategic developmental roadmaps of Yuzhou Properties since its initiative entrance into Tianjin in 2010. From the macroeconomic perspective, the synergy development of Beijing-Tianjin-Hebei region has long been one of the priority strategies of national development, where the induced influx of population, industrial restructuring and layout, and linking and sharing of infrastructure and public services are the three major golden opportunities introduced into the properties market. In addition, the acquisition of Beijing Beishi project and Tianjin Beichen project further consolidate Yuzhou Properties' layout and strength in the Beijing-Tianjin-Hebei region.

Further expanding into Central China, acquiring more than 150 thousand sq.m. premium projects in Wuhan; forged ahead Central China

Yuzhou Properties acquired two superior projects in Wuhan in this acquisition with aggregate potential saleable resources over RMB2.5 billion. Linjiao Lake project is located in the core business center of the main city of Wuhan, with 3 metro lines extending into its peripheral areas and is only 250 meters away from the nearby metro station. The project is prominently positioned at the core of the city where the most well-to-do clustered and is promoted as a benchmark residential area with a healthy landscape in Wuhan. Sailuocheng project also commands an advanced 330 thousand sq.m. sea view of Huangshi Sea and conveniently equipped with comprehensive supporting facilities. The project is in close proximity to Jinyinhu Park and Zhuyehai Park with admirable green environment.

Entered into Wuhan in December 2016 through M&A, Yuzhou Properties has extended its layout to the Central China region. The "Outline of the Yangtze River Economic Belt Development Plan" issued by the Central Government in October 2016 has enlisted Wuhan

Wonderful Sky Financial Group •皓天財經集團有限公司

6/F, Nexxus Building, 41 Connaught Road, Central, Hong Kong 中 環干諾道中 41 號盈置大廈 6樓

T: 852 - 2851 1038 F: 852 - 2815 1352 E:enquiry@wsfg.hk

W:www.wsfg.hk

as a super city. In December of the same year, the National Development and Reform Commission of the People's Republic of China (NDRC) agreed and supported in the construction of Wuhan as a national central city. The Group is highly optimistic towards Wuhan as the transportation hub at the core of the Central China Region. In perspective, Yuzhou Properties will persist in intensive development into Central China region.

Northward development into Shenyang, pressing ahead with national layout; acquiring large-scale Shenyang project with salable resources amount to RMB12.2 billion at an attractive price

Shenyang Coastal International Centre Project is located in the new CBD Area in Hunnan District, as the landmark within the third ring expressway area and belongs to the Shenyang Olympic Sports Center Stadium Region. It sits in a supreme location with convenient transportation network by adjoining the Exit A of Yingpan Road Station of Shenyang Metro No. 2 and Wusan Station of Fushun Light Rail. Besides, Shenyang Sujiatun Project is in the suburban area of Sujiatun District, which belongs to Airport New City. Conveniently located in close proximity to the Shendan expressway, the area possesses a great potential for future development. The project occupies a total GFA of approximately 1.88 million sq.m. with salable resources amounted to over RMB12.2 billion according to the preliminary assessment.

Southward development into Foshan, corresponding to National Big Bay Area Developmental Plan

Foshan Coastal Xinting Project enjoys a supreme center location in Chancheng district of Foshan, with only five kilometers from the municipal government, positioning for the first-time house buyer among the villas in the northern part of Xincheng district with all-rounded supporting facilities. After entering Hong Kong and Huizhou in 2014 and 2017 respectively, Yuzhou once again demonstrated its strong acquisition capability and further optimized portfolio in the Big Bay Area by implementing the first Foshan project.

Mr. Lam Lung On, J.P., Deputy of NPC and chairman of board of directors of Yuzhou Properties comments, "We are very pleased to successfully conclude an agreement with the Coastal Greenland. This acquisition marks a major milestone for our development, which will not only replenish quality land reserve for us, but also expand our footprint into several first and core second tier cities, such as Beijing, Shenyang and Foshan, attaining a nationwide layout of 22 cities. Since our inception in Xiamen, we adheres to the operative rationale of 'Building cities with Heart, Building Homes with Love', we now expanded into the five major metropolitan regions throughout the country with in-depth development, we strike to optimize and make a strategic balance among operation scale, profits, cost control as well as steady and healthy development, we are committed to creating high-quality environment for living, working and leisure for urban residents in China. Yuzhou Properties will continually explore and replenish quality land resources, forge ahead with profit-maximization and sustainable development, enhance our comprehensive strength and brand advantages, so as to maximize return for our shareholders."

-End-

Wonderful Sky Financial Group •皓天財經集團有限公司

6/F, Nexxus Building, 41 Connaught Road, Central, Hong Kong 中 環干諾道中 41 號盈置大廈 6樓

T: 852 - 2851 1038 F: 852 - 2815 1352 E:enquiry@wsfg.hk

W:www.wsfg.hk

Yuzhou Properties Company Limited (01628.HK)

Established in 1994, Yuzhou Properties is a property developer headquartered in Shanghai with a national foothold. Adhering to its strategy of Cultivating in Regions Leading the Market, Yuzhou Properties strives to develop residential and commercial properties which align with market trends in first-and second-tier cities. As at 30 September 2017, the Company had 79 projects under various stages of development in Xiamen, Fuzhou, Shanghai, Tianjin, Nanjing, Hefei, Hangzhou, Suzhou, Yangzhou, Quanzhou, Zhangzhou, Longyan, Bengbu, Huizhou and Hong Kong. It had an over 10.49 million sq.m. in aggregate GFA under development or held for future development, with Yangtze River Delta Region, West Strait Economic Zone, Bohai Rim Region and Central Region accounting of 53%, 33%, 6%, 6% and 2% respectively, of the total. Renowned for its outstanding product quality, diversified product portfolio, strong brand awareness and seasoned management team, Yuzhou Properties has been named "Top 100 China Real Estate Enterprises" for eleven years in a row; and Top 50 China Real Estate Enterprises from 2011 to 2017.

For more information about Yuzhou Properties, please visit the Company's website:http://www.yuzhou-group.com.

Coastal Greenland Limited (01124.HK)

Coastal Greenland Limited was established in Hong Kong in 1990. At present, the Company's scope of business has extended into various sectors, including urban development and operation, financial management, real estate project development and operation, real estate construction management and maintenance and implementation of healthy residential technology. Adhering to the corporate philosophy of "Creating Excellence, hand-in-hand with customers", Coastal Greenland has established a fineness management system in transregional operation over the past 26 years. The primary investment layout of the Company includes three major economic zones in China (namely Bohai Rim Region, the Yangtze River Delta Region and the Pearl River Delta Region) and two major cities, namely Wuhan and Chongqing. Reaping from the unwavering efforts in promoting customer value, Coastal Greenland was honored with the "Top 10 Most Valuable Real Estate Brand in China" for 13 consecutive years, from 2004 to 2016; was selected as one of the "Top 100 China Real Estate Developers" for 12 consecutive years, from 2005 to 2016; and was awarded with "Top 50 China Real Estate Listed Companies in Comprehensive Strength" for 5 consecutive years, from 2012 to 2016.

For inquiries, please contact:

Yuzhou Properties Company Limited (HKEX: 01628)

Head / Senior Manager / Senior Manager/ Manager / Assistant Manager of Corporate Finance & Investor Relations

Camille Xiong/ Shikai Wu/ Summer Guo/ Christine Huang/ Jessica Li

Tel: (852) 2508 1718

Fax: (852) 2510 0265

Email:camille.xiong@xmyuzhou.com.cn; shikai.wu@xmyuzhou.com.cn;summer.guo@xmyuzhou.com.cn; huangl3@xmyuzhou.com.cn;jessica.li@xmyuzhou.com.cn

Wonderful Sky Financial Group •皓天財經集團有限公司

6/F, Nexxus Building, 41 Connaught Road, Central, Hong Kong 中 環干諾道中 41 號盈置大廈 6樓

T: 852 - 2851 1038 F: 852 - 2815 1352 E:enquiry@wsfg.hk

W:www.wsfg.hk

Yuzhou Properties QR Code:

Media enquires:

Wonderful Sky Financial Group Holdings Limited (HKEX: 01260) Iris Au Yeung/ Mel Lai

Tel: (852) 3970 2129 / 3641 1305 Fax: (852) 2598 1588

Email:po@wsfg.hk/ yuzhou@wsfg.hk

Wonderful Sky Financial Group •皓天財經集團有限公司

6/F, Nexxus Building, 41 Connaught Road, Central, Hong Kong 中 環干諾道中 41 號盈置大廈 6樓

T: 852 - 2851 1038 F: 852 - 2815 1352 E:enquiry@wsfg.hk

W:www.wsfg.hk