For Immediate Release

1 November 2021

Yuzhou Group (01628.HK) Won the "Certificate of Excellence in Environmental, Social and Governance Reporting" from the Hong Kong Management Association

(1 November 2021Hong Kong) Yuzhou Group Holdings Company Limited ("Yuzhou Group" or the "Company", together with its subsidiaries, the "Group", stock code: 01628.HK), one of China's top 40 real estate enterprises, is pleased to announce that, Yuzhou Group, as the only mainland real enterprise, won the "Certificate of Excellence in Environmental, Social and Governance Reporting" in the "Best Annual Reports Awards" organized by the Hong Kong Management Association (HKMA), and became the only mainland real estate enterprise that won the award, which fully demonstrates the high recognition of the Group in ESG practice.

Yuzhou Group (01628.HK) Won the "Certificate of Excellence in Environmental, Social and

Governance Reporting" from the Hong Kong Management Association

The "Best Annual Reports Awards" selection aims to encourage shareholders, stakeholders, employees and other stakeholders to publish timely, accurately, detailed and informatively annual reports, and to commend companies for their outstanding achievements in the preparation of reports. The organizer of the award, the Hong Kong Management Association, was formally established on 22 November 1960. It has received supports and funds from the Hong Kong government for many years and is a non-profit organization with a reputation in the business and education circles.

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Since 2016, Yuzhou Group has taken the lead in establishing a complete ESG management mechanism and released ESG reports every year regularly to evaluate and determine Yuzhou Group ESG-related risks and opportunities, and to ensure that appropriate and effective ESG risk management and internal control systems are in place. The Group then gradually formulated ESG management policies, strategies and goals. The Group has formed a Sustainability Working Group in 2018 and upgraded governance structure last year, establishing a Sustainability Committee and issuing strategies including "Climate Change Policy" and "Biodiversity Policy" that are in line with the global best standard to reduce carbon emissions from operations and business chains, in order to help China achieving the national goal of "peak carbon emission and carbon neutrality".

Yuzhou Group has always attached great importance to have efficient and stable communication with shareholders and investors. After years of exploration and practice, it has gradually formed a scientific and systematic investor relationship management and operation mechanism, and is committed to maintaining high transparency and excellent corporate governance. Through the establishment of an efficient and stable investor communication system, the Group's information is conveyed to investors truthfully and accurately through multiple channels in a timely manner. The ESG report is a new portal for Yuzhou Group to communicate with stakeholders, allowing investors, analysts, credit rating agencies and the media to gain insights into the Group's sustainable business philosophy, business strategy and development potential, and deepen their understanding of the Group's business and long-term prospects. As a result, it will help broaden the Group's financing channels, reduce financing costs, and optimize the debt structure.

Mr. Lam Lung On, J.P., the Chairman of the Board of Directors of Yuzhou Group

Holdings Company Limited stated: "The importance of corporate governance has been increasing in recent year. Yuzhou Group will continue to adhere to a stable and transparent investor relationship management policy and uphold the business philosophy of 'Achieve Ingenuity with Original Intention' to achieve 'carbon neutrality' and achieve energy saving and emission reduction in China in the future. Yuzhou Group will actively respond to the call of the country and actively participate in the 'dual carbon' practice, uphold the development concept of 'Building Cities with Heart, Building Homes with Love' strengthen sustainable development management, and vigorously innovate green technologies. Yuzhou Group will continue to develop green buildings and create an ecological community in which man and nature are harmonious. "

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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 30 June 2021, the Company had over 179 projects under various stages of development in 39 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 22 million sq.m., and the total salable resources is approximately RMB442.8 billion, accounting for about 37.5%, 15.0%, 21.7%, 10.1%, 8.7% and 7.0%, respectively in the Yangtze River Delta Region, West Strait Economic Zone, Bohai Rim Region, Guangdong-HongKong-Macau Greater Bay Area, Central China Region 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 / Senior Associate of Corporate Finance & Investor Relations

Shikai Wu / Sandy Zhang

Tel: (852) 2508 1718

Fax: (852) 2510 0265

Email:ir@yuzhou-group.com

Yuzhou Group QR Code:

Ever Bloom (HK) Communications Consultants Group Limited

Helen Nian /Charles Chui

Tel: (852) 3468 8814 / 3468 8100

Email:yuzhou.list@everbloom.com.cn

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Yuzhou Properties Company Limited published this content on 01 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2021 02:28:03 UTC.