2016 Annual Results Presentation

CIFI Holdings (Group) Co. Ltd.

March 2017

Adaptive to Changes,

Steady Growth

2

Disclaimer

This presentation may contain forward-looking statements. Any such forward-looking statements are based on a number of

assumptions about the operations of CIFI Holdings (Group) Co. Ltd. (the “Company”) and factors beyond the Company's

control and are subject to significant risks and uncertainties, and accordingly, actual results may differ materially from these

forward-looking statements. The Company undertakes no responsibility to update these forward-looking statements of

events or circumstances that occur subsequent to such dates. The information in this presentation should be considered in

the context of the circumstances prevailing at the time of its presentation and has not been, and will not be, updated to

reflect material developments which may occur after the date of this presentation. The slides forming part of this

presentation have been prepared solely as a support for oral discussions about background information about the Company.

This presentation also contains information and statistics relating to the China real estate industry. The Company has

derived such information and data from unofficial sources, without independent verification. The Company cannot ensure

that these sources have compiled such data and information on the same basis or with the same degree of accuracy or

completeness as are found in other industries. You should not place undue reliance on statements in this presentation

regarding the China real estate industry. No representation or warranty, express or implied, is made as to, and no reliance

should be placed on, the fairness, accuracy, completeness or correctness of any information or opinion contained herein. It

should not be regarded by recipients as a substitute for the exercise of their own judgment. Information and opinion

contained in this presentation may be based on or derived from the judgment and opinion of the management of the

Company. Such information is not always capable of verification or validation.

None of the Company or financial adviser of the Company, or any of their respective directors, officers, employees, agents

or advisers shall be in any way responsible for the contents hereof, or shall be liable for any loss arising from use of the

information contained in this presentation or otherwise arising in connection therewith. This presentation does not take into

consideration the investment objectives, financial situation or particular needs of any particular investor. It shall not to be

construed as a solicitation or an offer or invitation to buy or sell any securities or related financial instruments. No part of it

shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. This presentation may

not be copied or otherwise reproduced.

3

Overview of CIFI

China’s Top 20 nationwide property developer, Headquartered in Shanghai

2016 contracted sales: RMB53.0B, up 75% YoY

Presence in 20 cities (mainly 1st & 2nd-tier cities) in 4 regions (Yangtze River Delta, Pan

Bohai Rim, Central-Western & Southern China)

Listed on HKEX with market capitalization of USD 2.3 billion (as at 7 March 2017)

Constituent stock of Hang Seng Composite Large-cap and Mid-cap Index, qualified for

Shanghai-Hong Kong / Shenzhen-Hong Kong Stock Connect

Focus on 1st- and 2nd- tier cities with sustainable population and investment inflow, which

drives demand for residential and office properties

Mainly end-users driven residential properties and office/commercial properties

Total GFA of 17.5 million sq.m. as at 31 Dec 2016

Abundant saleable resources to support growth momentum and generate cashflow

Cooperate with blue-chip multinational JV partners, Henderson Land and Hongkong Land

Cooperate with China’s Top 50 developers

Well recognized for good reputation and corporate governance

Emphasizing growth both in scale and profitability

Improving profit margins while achieving sales growth

Prudent financial management, diversified funding sources and stable gearing level

Better products and services for customers while delivering good financial results

Abundant

Land Bank

JV Partners

Markets &

Products

Sustainable,

Prudent &

Quality Growth

Corporate

Profile

4

1

2

2016 Annual Results Review

3

2016 Financial Performance

4

2017 Outlook

Appendix: Land Acquisitions in 2016

5

2016 Annual Results Review

Highlights for 2016 Results

6

Sustainable,

Prudent &

Quality Growth

Overwhelming

Contracted Sales

Sustainable Growth

in Dividends

Improving

Profit Margins

Strong Product

Premium

Prudent Approach

To Land Banking

Effective Financial &

Liability Management

1,438

1,733

2,056

2,916

2013 2014 2015 2016

10,725

12,235

14,700

18,200

2013 2014 2015 2016

15.3

21.2

30.3

53.0

2013 2014 2015 2016

Contracted GFA

(’000 sq.m.)

• 2016 Contracted Sales: RMB53.0 billion, YoY increase of 75%

• 2016 Attributable Contracted Sales: RMB29.2 billion, YoY increase of 45%

• Contracted GFA and ASP: increased by 42% and 24% YoY respectively

• Upgraders’ products accounted for over 65% of residential sales

YoY +42%

*including joint ventures and associated companies

Contracted Sales: Significant Growth of 75%

Contracted Sales

(RMB billion)

Contracted ASP

(RMB/sq.m.)

YoY +24%YoY +75%

7

12,920 13,670 12,90011,400 11,330 9,650

10,820 12,06011,700

14,500 14,40012,500

13,700 12,650

11,300

12,500 13,16011,770

14,200 14,40015,100

17,600

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2014 2015 2016 2017

16,50017,700

18,000

27,300

13,700

2,210

810

2,250

1,510 1,420 1,990 1,530

1,510 1,5201,980

2,160 2,180

1,510

530

1,6601,830 2,070

2,930

1,360

2,4003,010

4,020 4,050

6,050

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2014 2015 2016 2017

6,720

5,330

4,4905,010

3,700

5,210

3,580

8

Contracted Sales: Sustaining YoY & MoM

Growth Momentum

(RMB million)

(RMB/sq.m.)

Monthly Contracted Sales

Monthly Contracted ASP

1,1420

4,856

21,100

18,100 18,600

1,710

3,300

19,600

5,010

20,20018,100 18,100

2,900

20,800

8,660

17,900 20,300

5,500

9

Shanghai 19%

Suzhou 17%

Beijing 17%

Hefei 13%

Hangzhou 10%

Nanjing 7%

Tianjin 5%

Wuhan 3%

Changsha 3%

Shenyang 2%

Chongqing 1%

Langfang 1% Zhenjiang

1%

Jiaxing 1%

Shanghai28%

Suzhou18%

Hangzhou13%

Beijing12%

Tianjin7%

Hefei6%

Nanjing5%

Changsha4%

Wuhan2%

Chongqing1%

Shenyang1%

Langfang1% Jiaxing

1%

Zhenjiang1%

2016 2015

RMB30.2 billion

Contracted ASP: RMB14,700/sq.m.

First-tier Cities 40%

Second-tier Cities 57%

Third-tier Cities 3%

Total 100%

Contracted Sales Breakdown

First-tier Cities 36%

Second-tier Cities 62%

Third-tier Cities 2%

Total 100%

Yangtze River Delta 68%

Pan Bohai 24%

Central Western Region 8%

Total 100%

* including joint ventures and associated companies

RMB53.0 billion

Contracted ASP: RMB18,200/sq.m.

Yangtze River Delta 72%

Pan Bohai 21%

Central Western Region 7%

Total 100%

5.53

8.71

11.72

14.92

2013 2014 2015 2016

10

Recognized Revenue

(RMB million)

Core Net Profit

(RMB million)

Dividend

(RMB cents per share)

Proven Track Record: Sustained Growth

in both Recognized Revenue & Core Net Profit

2016 Recognized Revenue: RMB22.2 billion, YoY increase of 22%

2016 Core Net Profit: RMB2.82 billion, YoY increase of 28%

2016 Final Dividend: RMB11.50 cents per share (equivalent to 13 HK cents);

Full Year Dividends: RMB14.92 cents per share (equivalent to 17 HK cents)

2016 Dividend Payout Ratio: 35%

11,909

16,179

18,231

22,224

2013 2014 2015 2016

1,519

1,939

2,210

2,824

2013 2014 2015 2016

+28%+22%

+27%

(17 HK cents)

(14 HK cents)

(11 HK cents)

(7 HK cents)

11

Improving Profit Margins: Driven by

Prudent Land Acquisition & Product Premium

Gross Profit Margin * EBITDA Margin**

Core Net Profit Margin

25.8% 25.9%

24.1%

25.4%

2013 2014 2015 2016

12.8%12.0% 12.1%

12.7%

2013 2014 2015 2016

• In 2016, gross margin, EBIDTA margin and core net

profit margin further improved

* Gross profit margin was adjusted to exclude the impact of

increased equity stakes in certain projects on accounting

** EBITDA includes profit from operating activities but does not include fair value gains, interest expenses (including capitalized interest), income tax expense, depreciation charge and amortization expenses, net exchange loss and other non-cash items

27.2% 26.7%

28.7%

2013 2014 2015 2016

31.4%

Strengthened Product Capabilities:

High-End Brand Premium in Various Cities

12

Nanjing CIFI Park Mansion Qin Huai Suzhou CIFI Lake MansionHefei North Star CIFI

Park Mansion Luzhou

Beijing CIFI YihexiangNanjing North Star CIFI

Park Mansion Jin LingWuhan Yulong CIFI Peninsula

Suzhou16%

Shenyang16%

Foshan13%

Hangzhou11%

Wuhan9%

Shanghai7%

Ningbo6%

Beijing4%

Tianjin4%

Hefei4%

Changsha4%

Chongqing3%

Sanya2%

Jinan1%

Shanghai13%

Beijing13%

Suzhou18%

Nanjing14%

Hangzhou13%

Hefei9%

Tianjin6%

Wuhan4%

Chongqing5%

Shenyang2% Guangzhou

3%

Prudent Land Acquisitions in 2016

Breakdown by City in 2016

(% of Total Attrib. Land Costs)

Breakdown by City in 2015

(% of Total Attrib. Land Costs)

13

Land-Banking in 2016

# New projects: 36

Attrib. committed land cost:

RMB13.1 billion

(vs. 2015: RMB13.1 billion)

Average acquisition cost:

RMB3,700/sq.m

(vs. 2015: RMB6,680/sq.m.)

Unpaid land premium:

RMB5.9 billion

(as at 2016.12.31)

Diversified acquisition channel, more private acquisitions, old city/village transformation projects

Secured abundant saleable resources for development in next two years

Avoided “sizzling hot” 1st-tier and strong 2nd-tier cities, emphasized on “laggard” 2nd-tier cities with

great re-rating potentials

Entered Ningbo, Foshan, Jinan and Sanya, strengthened regional presence

High Quality & Abundant Saleable Resources

in 2017

Balanced and abundant supply of saleable resources in 2017 (RMB110 billion by saleable value)

New launches of at least 35 projects; actively selling over 70 projects throughout 2017

Accelerating sell-through, expediting construction, realizing saleable resources at high prices

53.0

65.0

2016 2017

2017 Contracted

Sales Target (RMB billion)

Actual Target

Breakdown of Saleable Resources by City & Key Launches in 2017

+23%

Suzhou14%

Shanghai13%

Hangzhou13%

Beijing10%

Tianjin10%

Chongqing8%

Hefei7%

Wuhan7%

Changsha4%

Shenyang4%

Foshan4%

Nanjing3%

Ningbo2% Others

1%

天津 旭辉朗香书院天津 生态旅游区项目天津 团泊依山郡项目

北京 房山街道项目

郑州 二七区项目三亚 铂悦墅亚龙湾

宁波 钟公庙项目

佛山 汇金项目佛山 华祥项目

武汉 汉桥村项目

长沙 大地项目长沙 奥苑南项目

重庆 弹子石项目重庆 朗香郡6期重庆 翡翠公馆(新)

沈阳 第一粮食仓库项目沈阳 职业学院南项目沈阳 职业学院南项目

上海 依云湾5期上海 美罗家园项目上海 闵行新城项目

杭州 旭辉君悦府杭州 旭辉运河乐章杭州 萧山奥体项目杭州 滨江旭辉东方悦府

合肥 旭辉铂悦庐州府合肥 旭辉陶冲湖别院合肥 旭辉朗香书院

南京 铂悦秦淮南京 铂悦金陵

苏州 太湖新城项目苏州 宜兴项目

苏州 水漾花城苏州 旭辉铂悦犀湖苏州 恒基旭辉城

14

15

Effective Liability Management:

Lowered Financing Costs & Currency RiskAs at 31 Dec 2016:

Net debt-to-equity ratio: 50.4% (31 Dec 2015: 59.2%)

Weighted average interest cost: 5.5% (31 Dec 2015: 7.2%)

• Fitch and Moody’s upgraded outlook to BB-

(Positive) and Ba3 (Positive), respectively; S&P’s

maintained stable at BB- (Stable)

• China Chengxin (中诚信) and Golden Credit Rating

(东方金诚) rated AA+

Credit Ratings

As at 31 Dec 2016:

• Hedged and reduced foreign currency exposure in

non-RMB denominated indebtedness by US$1.098

billion

• “Unhedged” non-RMB denominated indebtedness

reduce to 21% of total debt

Hedging Arrangements for

RMB Devaluation

• Early redemption of all US$500 million 12.25%

coupon due 2018 USD bonds and US$400 million

8.875% coupon due 2019 USD bonds

• In Mar 2016, signed US$600 million unsecured 3-yr

USD/HKD club loan at LIBOR/HIBOR + 4% p.a.

• In Dec 2016, signed US$303 million 4-yr USD/HKD

club loan at HIBOR + 3.70% p.a.

• In Jan 2017, signed US$285 million due Jan 2022

USD bonds at 5.50% coupon

Low-cost Offshore Financing

Replaced Higher-cost Debts

• Issued a total of RMB6.0 billion domestic private

corporate bonds in 2016:

First tranche in Jan 2016: RMB 2.0 billion with

a maturity of 1+1 years at 4.99%

Second tranche in Sep 2016: RMB 4.0 billion

with a maturity of 3+2 years & 5 years at

4.30% & 5.50%, respectively

Onshore Corporate Bonds

2016 Financial Performance

1717

2016 Annual Results

(RMB million) 2016 2015 Change

Recognized income 22,224 18,231 + 22%

- Property sales 20,713 17,047 + 22%

- Rental 62 41

- Other incomes 1,449 1,143

Gross profit (reported) 5,646 4,144 + 36%

Other incomes 162 542

Among which: - Loss on early redemption of USD senior notes (182) (21)

- Net exchange loss, less gain on hedging activities (64) (302)

Change in fair value of investment properties (100) 128

SG&A (1,403) (980)

Attributable to joint ventures and associate companies 1,063 173

Among which: - Core profit and loss 796 1

- Change in fair value of investment properties 395 348

- Net exchange loss (128) (176)

Finance costs (530) (203)

Income tax (1,672) (1,334)

Non-controlling interests (357) (337)

Interests attributable to perpetual capital instruments - (38)

Net profit attributable to equity owners 2,808 2,095 + 34%

Core net profit attributable to equity owners * 2,824 2,210 + 28%

2016 Annual Results

(RMB million) 2016 2015 Change

Net profit attributable to equity owners 2,808 2,095 + 34%

Core net profit attributable to equity owners * 2,824 2,210 + 28%

Basic EPS, in RMB cents 42 32

Basic core EPS, in RMB cents* 42 34 + 24%

EBITDA ** 6,968 5,228 + 33%

Gross profit margin 25.4% 24.1% + 1.4 pp

Core net profit margin* 12.7% 12.1% + 0.6 pp

EBITDA margin ** 31.4% 28.7% + 2.7 pp

18

* Core net profit excludes fair value gains/losses, net exchange loss, expenses relating to share option grants, loss

on early redemption of senior notes, and share of fair value gains/losses and net exchange loss at joint ventures

and associated companies, net of deferred taxes

** EBITDA consists of profit from operating activities before fair value gains/losses, interest expenses (incl.

capitalized interest), income tax expenses, depreciation and amortization expenses, net exchange loss and other

non-cash items. EBITDA is not a standard measure under IFRS.

Shanghai24%

Tianjin14%

Suzhou13%Changsha

9%

Hefei9%

Wuhan6%

Langfang5%

Chongqing4%

Hangzhou4%

Nanjing4%

Beijing3%

Shenyang3% Jiaxing

1%Zhenjiang

1%

Recognized Revenue from Property Sales

• Recognized property sales in 2016 was contributed by 44 projects in 14 cities

• Recognized property sales revenue: RMB 20.7 billion; recognized ASP: RMB10,686 / sq.m

Shanghai29%

Beijing16%

Suzhou17%

Tianjin9%

Hefei9%

Hangzhou5%

Wuhan4%

Changsha4%

Shenyang1%

Langfang1% Zhenjiang

1%Jiaxing

4%

1st-tier Cities 27%

2nd-tier Cities 66%

3rd-tier Cities 7%

Total 100%

Yangtze River

Delta55%

Pan Bohai 25%

Central-Western 20%

Total 100%

RMB 20.71 billion

Recognized ASP: RMB 10,686/sq.m.

RMB 17.05 billion

Recognized ASP: RMB 12,873/sq.m.

2016 2015

Residential 78%

Office 22%

Total 100%

1st-tier Cities 45%

2nd-tier Cities 49%

3rd-tier Cities 6%

Total 100%

Yangtze River

Delta65%

Pan Bohai 27%

Central-western 8%

Total 100%

Residential 89%

Office 11%

Total 100%

22

Key Balance Sheet Figures

RMB million 31 Dec 2016 31 Dec 2015 Change

Bank balances and cash 20,328 14,905 +36%

Pledged bank deposits 349 32

Total assets 88,480 67,452 + 31%

- Properties held for sale 6,829 6,917

- Properties under development for sale 21,254 20,167

- Deposits for land use rights for properties held for sale 4,373 1,818

- Investment properties 5,773 5,842

- Interests in joint ventures / associates 8,839 7,698

Total equity 17,283 15,283 + 13%

- Non-controlling interests 2,303 2,456

- Equity attributable to equity owners 14,980 12,827 + 17%

Total indebtedness (1) 29,391 23,955 + 23%

Guaranteed indebtedness attributable to associated companies

by the Group (off-balance sheet)3,574 2,744

Unpaid land premium, attributable to the Group (off-balance sheet) 5,936 3,226

Deposits received from property sales 15,391 10,396 + 48%

19

Key Balance Sheet Figures (cont’d)

31 Dec 2016 31 Dec 2015 Change

Net debt-to-equity ratio (2) 50.4% 59.2% - 8.8pp

Weighted average cost of indebtedness (p.a) (3) 5.5% 7.2% - 1.7pp

Onshore - Average cost of bank loans 5.9% 6.6% -0.7pp

- Average cost of corporate bonds 4.8% 5.0% -0.2pp

Offshore - Average cost of bank loans 4.2% 4.5% -0.3pp

- Average cost of senior notes 8.3% 9.8% -1.5pp

Notes:

1. Total indebtedness includes bank and other loans, onshore bonds and offshore senior notes

2. Net debt-to-equity = (total indebtedness – cash (incl. restricted cash) divided by total equity

3. Weighted average cost of indebtedness = weighted average of interest costs of all indebtedness outstanding as at end of period (p.a.)

20

Debt structure 31 Dec 2016 31 Dec 2015

(RMB Million)

(% of

total debt) (RMB million)

(% of

total debt)

By loan type

Onshore bank loans 5,877 20% 9,169 38%

Onshore corporate bonds 10,141 35% 4,021 17%

Offshore bank loans 7,690 26% 2,489 10%

Offshore senior notes 5,683 19% 8,276 35%

By collateral

Unsecured 22,313 76% 14,493 61%

Secured 7,078 24% 9,462 39%

By maturity

Due within 1 year 4,457 15% 2,794 12%

Due between 1-2 years 4,280 14% 3,569 15%

Due between 2-3 years 8,392 29% 6,890 29%

Due between 3 to over 5 years 12,262 42% 10,702 44%

Total 29,391 100% 23,955 100%

Continued Improvement on Debt Structure

21

31%

38%

44%

21%

2013.12.31 2014.12.31 2015.12.31 2016.12.31

23

-1.7 pp

Weighted Average Interest Cost

+3 pp

Proportion of Debts Due within 1 Year

“Unhedged” Non-RMB

Denominated DebtsProportion of Unsecured Debts

+15 pp- 23 pp

Continued Improvement on Debt Structure (cont’d)

9.2%8.3%

7.2%

5.5%

2013.12.31 2014.12.31 2015.12.31 2016.12.31

22% 22%

12%15%

2013.12.31 2014.12.31 2015.12.31 2016.12.31

31%38%

61%

2013.12.31 2014.12.31 2015.12.31 2016.12.31

76%

24

67.6%

58.2% 59.2%

50.4%

2013.12.31 2014.12.31 2015.12.31 2016.12.31

4.1x

3.2x

4.6x4.2x

2013.12.31 2014.12.31 2015.12.31 2016.12.31

18%16%

2013.12.31 2014.12.31 2015.12.31 2016.12.31

3.13.5

3.2

4.2x

2013 2014 2015 2016

* Only used to compare net gearing ratio, accounting onshore perpetual instruments as debt

** Interest coverage ratio = EBITDA over interest expenses

Prudent Financials, Improving Credit Metrics

Net Gearing Ratio* Cash/Total Assets Ratio

Debt-to-EBITDA Ratio Interest Coverage Ratio**

23%22%

25

Balanced Operating Cash Flow

• Focus on 1st- and 2nd-tier cities with ample mortgage loans available to end-users

• Abundant liquidity from domestic banks

• Leading industry sales growth and cash collection ratio (FY2016: >95%)

(RMB billion)FY2016

(Actual)

FY2017

(Forecast)

Operating cash inflow

(Attrib. contracted sales, plus other incomes)30.7 38.0*

Operating cash outflow

Land acquisition (attrib. to CIFI) (11.6) (20.0)

Construction capex (attrib. to CIFI) (8.9) (10.0)

Taxes (3.5) (4.4)

Interest (1.5) (1.8)

SG&A (1.6) (1.8)

(27.1) (38.0)

Operating Cash Flow Guidance

26

2017 Outlook

27

2017 Market Outlook

1st-tier cities: tighten and control; 2nd-tier cities: maintain stability; 3rd/4th-

tier cities: facilitate inventory clearance

Avoid extreme volatility, stabilize the real estate market

Prevent real estate bubbles, tighten financing, deleveraging

Main theme driven by central government, policies vary by city

Slim chance of policy reversal: no excessive measures, no loosening

Transaction GFA slightly down, ASP slightly up

Sluggish growth in real estate investment

Uneven performance by city

1st-tier cities: Volume frozen, ASP stable

Hot 2nd-tier cities: Correction in both volume and ASP

Other 2nd-tier and Strong 3rd-tier cities: Volume and ASP boosted by

inventory clearance policies

1st-tier and hot 2nd-tier cities: Cooling down

Other 2nd-tier and strong 3rd-tier cities: Still uptrend

Lower policy impact to large-scale developers

Small developers hit by tighter financing, large-scale developers less

affected due to diversified funding channels

Industry consolidation intensify and more M&A’s

Due to strong contracted sales in 2016, higher revenue lock-in ratio by

developers in 2017

Policy Themes

Real Estate Market

Land Market

Industry Trends

2017 CIFI’s Development Strategies

28

Long Term Goals

Sales & Operations

Land-banking

• “Sustainable, prudent and quality” growth

• Firmly bullish on the sector, continue to strengthen main business

• Strategic investments in “Real Estate Plus” ventures

• Focus on 1st- and 2nd-tier cities, as well as strong 3rd-tier cities

• High quality mass market and upgraders’ products for end-users

• Residential vs. Office (85:15), Entry-level / Mid-range Mass Market /

Mid-to-High End Upgraders’ / Premium High-End (1:4:3:2)

• Both high asset turnover and high profitability

• Looking for opportunities in 1st and 2nd-tier cities

Land market cooling down, reversal to value, better investment

environment

• Diversified land acquisition channels, active M&A’s

• Bullish on existing legacy projects and rental properties in 1st-tier cities

• High cash retention for tighter funding environment

• Proactive in 2H, positioning for the next upcoming market peak in future

• 1H accelerating sales, higher sell-through, realizing sales at high prices

• Construction paced with sell-through, alleviating market pressure

• City/project-specific sales strategies

• Market-dependent, fast-reacting, flexible operating measures

29

Appendix: Land Acquisitions in 2016

收购日期

(2016年)城市 项目

集团所占权益

(%)主要用途

总规划面积

(不含停车位，平方米)

地价总额

(人民币)

集团应占地价

(人民币)

平均土地成本

(人民币) 合营开发商

一月 杭州 萧山区萧政储出2015-32号地块

Jan Hangzhou Xiaoshan District, 2015- No.32 Project

一月 天津 滨海新区2015-3号中新生态城地块

Jan Tianjin Binhai New Area, Sino-Singapore Eco City, 2015-No.3

Project

三月 杭州 余杭区良诸新城64号地块

Mar Hangzhou Yuhang District,Liangzhu New Town, No. 64 Project

三月 沈阳 沈河区广昌路南地块

Mar Shenyang Shenhe Distrcit, Guangchang Road South Project

三月 天津 津南区海河教育园14号地

Mar Tianjin Haihe Education Park No. 14 Project

四月 杭州 萧山区湘湖萧政储出2016-5号地块

Apr Hangzhou Xiaoshan District,Xianghu 2016-No. 5 Project

四月 合肥 新站区地块

Apr Hefei New Station District Project

四月 合肥 新站区地块

Apr Hefei New Station District Project

五月 武汉 汉阳区汉桥村项目B包 住宅/商业

May Wuhan Hanyang District Hanqiao Village Project Section BResidential/Commercial

五月 沈阳 浑南区浑南GNGX-07-27项目

May Shenyang Hunnan District, Hunnan GN-GX-07-27 Project

五月 宁波 鄞州区钟公庙项目 住宅/商业

May Ningbo Yinzhou Distinct, Zhonggong Miao Project Residential/Commercial

六月 苏州 吴江区太湖新城项目

June Suzhou Wujiang District Taihu Lake New City Project

七月 上海 宝山区罗店镇美罗家园社区01单元项目商业/办公

Jul Shanghai Baoshan District Luodian Town Meiluo Jiayuan

Community No. 01 Project

Commercail/Office

七月 上海 闵行区莘庄镇闵行新城项目 商业/办公

Jul Shanghai Putuo District Changshou Community D5-6 Project Commercail/Office

山钢

永同昌

50.00 51,895 590,000,000 295,000,000 11,369 N/A

2,568 市政公司

114,788 673,000,000 154,790,000 5,863 金地/融信/众安 23.00 住宅Residential

70.00

35.00 住宅Residential 54,111 270,880,000

住宅Residential 99,900 256,568,000 179,600,000

N/A

25.00 住宅Residential 202,825 902,000,000 225,500,000 4,447 招商地产/仁恒/金地

94,808,000 5,006 滨江

100.00 住宅Residential 15,487 62,680,000 62,680,000 4,047

滨江

22.50 住宅Residential

50.00 住宅Residential

235,934

399,550

535,000,000

910,680,000

120,375,000

29.00 住宅Residential 75,398 681,000,000 197,490,000 9,032

455,340,000

2,268

2,279

保利/绿地

绿地

55.00 481,010 2,009,800,000 1,190,500,000 4,500

100.00 72,686 769,020,000 769,020,000 10,580 N/A

钰龙

50.00 住宅Residential 66,217 106,940,000 53,470,000 1,615 金地

N/A 50.00 住宅Residential 173,300 1,227,540,000 613,770,000 7,083

25.00 45,278 181,000,000 45,250,000 3,998

Land Acquisitions in 2016

30

Land Acquisitions in 2016

31

收购日期

(2016年)城市 项目

集团所占权益

(%)主要用途

总规划面积

(不含停车位，平方米)

地价总额

(人民币)

集团应占地价

(人民币)

平均土地成本

(人民币) 合营开发商

七月 上海 普陀区长寿社区D5-6项目 商业/办公

Jul Shanghai Minhang District Xinzhuang Town Min Hang New

Town Project

Commercail/Office

七月 佛山 三水新城汇金项目 住宅/商业

Jul Foshan Foshan San Shui New Town Huijin Project Residential/Commercial

七月 佛山 三水新城华详项目 住宅/商业

Jul Foshan Foshan San Shui New Town Huijin Project Residential/Commercial

八月 沈阳 铁西区第一粮食仓库项目

Aug Shenyang Tiexi District First Grain Warehouse Project

八月 沈阳 大东区职业技术学院南-1项目 住宅/商业

Aug Shenyang Dadong District Vocational and Technical College

South-1 ProjectResidential/Commercial

八月 沈阳 大东区职业技术学院南-2项目 住宅/商业

Aug Shenyang Dadong District Vocational and Technical College

South-2 ProjectResidential/Commercial

九月 苏州 水漾花城2期(第24号及30号栋) 住宅/商业

Sep Suzhou Riverside Park, Phase 2 (Blocks 24 & 30) Residential/Commercial

九月 苏州 水漾花城3期 住宅/商业

Sep Suzhou Riverside Park, Phase 3 Residential/Commercial

九月 苏州 相城区G3项目(T1及T2栋未出售的部分、T3及T4栋)

Sep Suzhou Xiangcheng G3 Project (Blocks T1 & T2 Unsold

Portions, and Blocks T3 & T4)

九月 宜兴 誉珑湖滨(南地块2A、2B、3期 及北地块2及3期) 住宅/商业

Sep Yixing Grand Lakeview (South Section Phases 2A, 2B and 3,

North Section Phases 2 & 3) Residential/Commercial

九月 长沙 凯旋门(3B及3C期) 住宅/商业

Sep Changsha Arch of Triumph (Phases 3B & 3C) Residential/Commercial

十月 佛山 禅城区海五路北侧，汾江河西侧项目 住宅/商业

Oct Foshan Chancheng District, Haiwu Road North, Fenjianghe

Road West ProjectResidential/Commercial

100.00 285,796 528,720,000 528,720,000 1,850 N/A

50.00 45,427 1,005,000,000 502,500,000 22,123 金地

N/A

100.00 住宅Residential 186,630 1,222,430,000 1,222,430,000 6,550 N/A

100.00 268,002 415,400,000 415,400,000 1,550

346,690,000 2,600 N/A

135,192 367,720,000 367,720,000 2,720 N/A

100.00

100.00

133,344 346,690,000

30.00 98,397 1,030,000,000 313,458,500 10,468 恒基

30.00 16,721 163,000,000 56,018,000 9,748 恒基

恒基

50.00 485,665 843,600,000 452,959,600 1,737 恒基

30.00 商业Commercial 100,416 202,240,000 145,489,700 2,014

230,222

267,143

30.00

33.30

175,670,000 69,425,900 763 恒基

融创/合景泰富 2,268,250,000 755,327,200 8,491

Land Acquisitions in 2016

32

Land Acquisitions in 2016 (Cont’d)

收购日期

(2016年)城市 项目

集团所占权益

(%)主要用途

总规划面积

(不含停车位，平方米)

地价总额

(人民币)

集团应占地价

(人民币)

平均土地成本

(人民币) 合营开发商

十月 苏州 吴中区西山项目

Oct Suzhou Wuzhong District, West Mountain Project

十一月 北京 房山区拱辰街道0007号项目

Nov Beijing Fangshan District, Gongchen Street, No. 0007 Project

十一月 三亚 亚龙湾项目

Nov Sanya Yalong Bay Project

十一月 沈阳 大东区职业技术学院南项目

Nov Shenyang Dadong District, Vocational and Technical College

South Project

十一月 天津 滨海新区中新生态城旅游区项目

Nov Tianjin Binhai New District, SinoSingaporeTianjin Eco-city

Project

十一月 重庆 南岸区弹子石项目 住宅/商业

Nov Chongqing Nanan District, Danzishi Project Residential/Commercial

十一月 杭州 西湖区三墩北项目

Nov Hangzhou Xihu District, Sandun North Project

十二月 杭州 萧山区大江东项目

Dec Hangzhou Xiaoshan District,Dajiang East Project

十二月 长沙 开福区大地项目

Dec Changsha Kaifu District, Dadi Project

十二月 济南 槐荫区西客站片区畅和苑B6项目

Dec Jinan Huaiyin District, West Station

Area Changhe Estate B6 Project

2016年土地收购合计 6,456,879 24,113,739,200 13,066,932,100 3,735

20.00

100.00

50.00

20.00

32,353

18,772

830,356

住宅Residential

商业Commercial

商业Commercial

100.00

100.00

50.00

50.00

35.70

住宅Residential

住宅Residential

住宅Residential

住宅Residential

住宅Residential

33.30

420,592,100 420,592,100 13,000 N/A

N/A 25,960 513,000,000 513,000,000 19,760

522,990,000 261,495,000 27,860 恒基

196,580 437,000,000 218,500,000 2,223 金地

龙湖/万科

443,781 1,170,000,000 389,610,000 2,636

95,682 688,000,000

市政公司 等 49,735 262,050,000 93,551,900 5,269

东原 等

137,600,000 7,190

203,506 885,090,000 885,090,000 4,349

龙湖/越秀/滨江

N/A

恒基 702,411,200 360,205,600 868

218,820 767,777,900 153,555,600 3,509

住宅Residential

Land Acquisitions in 2016

33

Land Acquisitions in 2016 (Cont’d)Land Acquisitions in Jan & Feb 2017

收购日期

(2017年)城市 项目

集团所占权益

(%)主要用途

总规划面积

(不含停车位，平方米)

地价总额

(人民币)

集团应占地价

(人民币)

平均土地成本

(人民币) 合营开发商

一月 北京 丰台区庄维B10项目

Jan Beijing Fengtai Distric, Zhuangwei B10 Project

一月 天津 静海区团泊依山郡项目

Jan Tianjin Jinghai District, Tuanboyishan County Project

一月 天津 东丽区小王庄项目

Jan Tianjin Dongli District, Xiaowangzhuang Project

一月 香港 舂坎角道 44、46、48 及 50号，海天径1号

Jan Hong Kong Nos. 44, 46, 48 & 50, Chung Hom Kok Road, No.1

Horizon Drive

二月 长沙 天心区奥苑南项目 住宅╱商业

Feb Changsha Tianxin District, Aoyuan South Project Residential/Commercial

二月 无锡 惠山区钱桥街道洋溪人家北项目

Feb Wuxi Huixin District, Qianqiao Street, Yangxirenjia North

Project

二月 无锡 惠山区钱桥街道上伟路北项目

Feb Wuxi Huishan District, Qianqiao Street, Wei Road North

Project

二月 北京 房山区房山街道2号项目

Feb Beijing Fangshan District, Fangshan Street No.2 Project

二月 重庆 大渡口区项目

Feb Chongqing Dadukou District Project

二月 郑州 二七区225号项目

Feb Zhengzhou Erqi District No.225 Project

二月 合肥 高新区TF4项目

Feb Hefei Hi-tech Industry Development Zone, TF 4 Project

2017年1-2月土地收购合计 1,411,950 10,119,515,641 6,100,671,641 6,189

(不包括香港

Excl. Hong Kong)

商业Commercial

住宅Residential

住宅Residential

住宅Residential

住宅Residential

住宅Residential

620,130,000

628,000,000

760,000,000

港币/HK$

1,588,000,000

591,000,000 100.00

50.00

45.00

20.00

15.20

15,500

139,400

144,700

实用面积:

Net saleable area:

2,450 平方米 sq.m.

(26,369 平方呎 sq.ft.)

90,200

住宅Residential

住宅Residential

住宅Residential

住宅Residential

100.00

40.00

25.00

100.00

100.00

100.00

105,600 374,000,000

173,600 988,880,000

225,200 1,380,000,000

502,880,000

591,000,000 142,200

271,600 1,068,000,000

101,500 1,810,000,000 905,000,000

168,300,000

197,776,000

209,760,000

港币/HK$

1,588,000,000

620,130,000

251,200,000

190,000,000

502,880,000

1,068,000,000

17,831

3,542

5,696

6,127

港币/HK$

60,222

/平方呎 sq.ft.

40,128

4,505

5,252

5,573

3,932

4,156

TBC

TBC

TBC

金地

政华

万科/金地/中骏

N/A

N/A

N/A

N/A

N/A