China Merchants Land Limited Enters into Facility Agreement with Bank

China Merchants Land Limited is a Hong Kong-based investment holding company principally engaged in property businesses. The Company operates through two segments. Property segment is engaged in the development, sales and leasing of residential properties and residential and commercial complex properties. Its property types include apartments, villas, offices and retail shops, among others. Its properties are located at Foshan, Guangzhou, Nanjing and Jurong, Chongqing and Xi’an. Its properties include Evian Water Bank, Evian Upper City, Jinshan Valley, Mr. Mountain and Changjiahui, among others. Trading segment is engaged in the sales of electronic and electrical-related products and building-related materials and equipment.