Yuzhou : 01628.HK) Gained “BBB” in MSCI ESG Ratings Again, Which was the Highest Rating in the Chinese Real Estate Industry

【For Immediate Release】

Yuzhou Group (01628.HK) Gained "BBB" in MSCI ESG Ratings Again, Which was the Highest Rating in the Chinese Real Estate Industry

(29 June 2021, Hong Kong) Yuzhou Group Holdings Limited ("Yuzhou Group" or the "Company", together with its subsidiaries, the "Group", stock code: 01628.HK), one of the top 40 real estate companies in China, is pleased to announce that well-known institution MSCI has reaffirmed Yuzhou Group's BBB rating in the ESG Ratings analysis report released recently, which was the highest rating in the Chinese real estate industry.

According to the MSCI report, Yuzhou Group has significantly improved in a number of indicators across the three dimensions of Environmental, Social and Governance (ESG) and scored significantly higher than the industry average, especially in the "Product Safety & Quality" category, where Yuzhou Group scored 8.1 and led the industry average of 4.3. The report pointed out that Yuzhou Group has been actively improving its ESG standards in recent years and has been increasing the proportion of green-certified buildings, performing significantly better than its peers. In 2021, Yuzhou Group launched a new annual theme of "Ingenuity", establishing the focus on quality and value creation as the cornerstone of its development. The Group also launched the "Ingenuity of Craftsmanship Program", which aims to develop a stringent, systematic and comprehensive quality control system to achieve an overall improvement in the quality of the Group's projects. At the same time, the Group has maintained close communication with MSCI and global institutions and investors who are concerned about ESG development, and has received much recognition in the "Company Response" category, demonstrating the importance that the Yuzhou Group places on ESG development and communication.

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Yuzhou Group has always attached great importance to sustainable development. Following the establishment of a dedicated sustainability taskforce in 2018, the Group upgraded its sustainable development governance structure in November 2020 by formally establishing a "Sustainable Development Committee" at the Board level, elevating sustainable development to the strategic decision-making level, making it one of the first companies in the Chinese Real Estate Industry to establish such committee.

In terms of green building, Yuzhou Group has also continued to strengthen its investment. In 2020, all new residential projects have met the design requirements of one-star green building standard or above. By the end of 2020, a total of 135 projects with approximately 18 million sq.m. of properties of Yuzhou have met the green building standards, of which approximately 5 million sq.m. met domestic or international green building standards of two- star or above. In the commercial sector, Shenzhen Yuzhou Plaza, Shanghai Yuzhou Plaza and Xiamen Yuzhou Plaza were all awarded LEED certification from the U.S.

In addition, Yuzhou Group has also taken the initiative to launch a green financing framework among Chinese property developers and issue green U.S. dollar notes, which are used to increase investment in green buildings, improve the quality and efficiency of construction projects and actively implement green building standards. In August 2020, Yuzhou Group issued its first US$300 million Green Senior Notes in the international market, and in January 2021, Yuzhou Group issued another US$562 million Green Senior Notes, which was also well recognized by global green investors, fully demonstrating the recognition of Yuzhou Group's green development philosophy in the capital market.

Mr. Lam Lung On, J.P., Chairman of the Board of Directors of Yuzhou Group, said, "With the global economy being disrupted by the epidemic, Yuzhou Group further recognises that as a truly outstanding listed company, apart from maintaining long-term stable growth, corporate social responsibility is equally important. In the future, we will continue to uphold our aspiration of 'Building Cities with Heart, Building Homes with Love', integrate the concept of sustainable development into our business strategy, uphold the concept of balancing scale, profit and risk in our development, and strive to achieve steady and long-term growth with high quality. We are committed to creating a comfortable and harmonious community environment for our customers and creating value for the environment and society while growing our business."

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About Yuzhou Group Holdings Company Limited (01628.HK)

Established in 1994, Yuzhou Group is a property developer headquartered in Shanghai and Shenzhen with a national foothold. Adhering to its strategy of Cultivating in Regions Leading the Market, Yuzhou Group strives to develop residential and commercial properties which align with market trends in first- and second-tier cities. As at 31 December 2020, the Company had over 177 projects under various stages of development in 38 cities including Beijing, Shanghai, Shenzhen, Tianjin, Nanjing, Hefei, Hangzhou, Suzhou, Foshan, Huizhou and Hong Kong and so on. The total GFA under construction and held for future development is 23.10 million sq.m., and the total salable resources is more than RMB450 billion, accounting for about 40.0%, 20.9%, 15.5%, 7.3%, 9.5% and 6.8%, respectively in the Yangtze River Delta Region, Bohai Rim Region, West Strait Economic Zone, Central China Region, Guangdong-HongKong-Macau Greater Bay Area and Southwest Region. Renowned for its distinguished product quality, diversified product portfolio, strong brand awareness and seasoned management team, Yuzhou Group has been named "Top 100 China Real Estate Enterprises" for 13 years in a row; and Top 50 China Real Estate Enterprises from 2011 to 2020. Yuzhou Group was selected as the Hang Seng Composite LargeCap&MidCap Index Constituent Stocks, Shenzhen-Hong Kong Stock Connect, Shanghai-Hong Kong Stock Connect, and included in the constituents of MSCI China Index, Hang Seng China High Dividend Yield Index, Hang Seng Large-Mid Cap Value 50 Index, Hang Seng Large-Mid Cap Value Tilt Index and Hang Seng Large-Mid Cap (Investable) Index. Yuzhou Group was rated as "BBB" by MSCI ESG Ratings, ranking the top among Chinese Properties Companies.

For more information of Yuzhou Group, please visit the company website: https://www.yuzhou-group.com/

For inquiries, please contact:

Yuzhou Group Holdings Company Limited (01628.HK)

Director / Assistant Manager of Corporate Finance & Investor Relations Shikai Wu / Phil Cheng

Tel: (852) 2508 1718

Fax: (852) 2510 0265

Email:ir@yuzhou-group.comYuzhou Group QR Code:

Ever Bloom (HK) Communications Consultants Group Limited

Kimiko Choi / Helen Nian

Tel: (852) 3468 8427 / 3468 8814

Email:yuzhou.list@everbloom.com.cn

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