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China Overseas Land & Investment Ltd.

China Overseas Land & Investment Limited is the property platform of China Overseas Holdings Limited (under China State Construction Engineering Corporation). The Company was founded in Hong Kong in 1979 and listed on Hong Kong Stock Exchange in 1992 (Stock code: 0688.HK, “COLI”). In 2007, China Overseas was included into Hang Seng Index Constituents. The Company boasts 39 years of property development and commercial property management experience with a focus on developing quality properties in major cities. The Company’s business network spans across the globe, including London, Hong Kong, Macau and 60 cities in mainland China (including Beijing, Shanghai, Guangzhou, Shenzhen, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Haikou, Hangzhou, Harbin, Jiangmen, Jinan, Kunming, Nanchang, Nanjing, Ningbo, Qingdao, Sanya, Shenyang, Suzhou, Taiyuan, Tianjin, Urumqi, Wanning, Wuhan, Wuxi, Xiamen, Xi’an, Yantai, Zhangzhou, Zhaoqing, Zhengzhou, Zhenjiang, Zhongshan, Zhuhai, Changzhou#, Ganzhou#, Hefei#, Hohhot#, Huangshan#, Huizhou#, Jilin#, Jiujiang#, Lanzhou#, Nanning#, Nantong#, Shantou#, Shaoxing#, Weifang#, Xining#, Xuzhou#, Yancheng#, Yangzhou#, Yinchuan#, Zibo#). As at the end of 2017, the total assets of the Company reached HK$645.4 billion. In 2017, the contracted property sales of the Company amounted to around HK$232.1 billion, 10.2% increase YoY, profit attributable to equity shareholders of the Company reached HK$40.77 billion, net profit margin reached 24.6%, leading the industry in operational efficiency.

With continuous business performances and effective corporate governance, China Overseas has received wide-spread recognition and admirations. In 2005, the Company earned investment grade credit ratings from Moody’s and Standard & Poor’s, and the ratings have been improving since then. The credit ratings of the Company assigned by the three international rating agencies in 2017 were: Baa1 (Moody’s), BBB+ (Standard & Poor’s), and A- (Fitch). For 14 years consecutively, China Overseas was awarded “China Blue Chip Real Estate Developer”, and was also among “China Valuable Real Estate Awards – Corporate Citizen of the Year”, and “Corporate Governance Asia Awards”. In 2017, the brand value of China Overseas reached RMB59.845 billion, ranking first in the industry.

China Overseas is growing into a Global Property Development Corporation, whose core value is “Diligent. Grounded. Visionary. Innovation,” with the mission to “Envision Delightful Space and Create Infinite Value,” to meet with foresight the imminent and potential needs of customers. The concept of design, research and development of five generations of boutique residents adheres to the development philosophy of “Each and Every Detail of Each and Every Project”, providing quality properties to clients.

Highlight projects include: Marina South (Hong Kong), One Kai Tak (Hong Kong), The Nova (Macau), The Kingstone (Beijing), The Windsor Pavilion (Shanghai), One Blossom Glove (Guangzhou), One Honey Lake (Shenzhen), No. 8 The Milestone (Tianjin), Paramount Jade (Jinan), Piano Court (Wuhan), The Grace (Nanjing), China Overseas International Community (Suzhou), The Dynasty (Ningbo), One Regent (Hangzhou), Der Rhein (Changchun), The Silver Carse (Qingdao), Gate of Peace (Shenyang), #1 Lake Lantern (Foshan), Mid-Town (Zhuhai), One City South (Chengdu), Elite Villa (Xi’an), La Cite (Chongqing), No.8 Xuefulu Road (Kunming), The Great Hill (Hefei), Glorious Hire (Lanzhou), and The Grove (Nantong). The Company has also created middle to premium quality series of projects including “International Community”, “La Cite”, “COLI City”, “Residence Nine”, “Glorious City”, the “No. 1” series, “The Windsor” series, and “The Royal” series.

China Overseas has a total of 3.66 million square meters of commercial properties, of which 38 are China Overseas Grade A office buildings, making it one of the largest single-title office developers in mainland China, and holds and operates four century-old landmark office buildings in London. China Overseas established the Officezip co-working space brand and created “China Overseas Cloud Business” to lead the integration of commercial asset management and business resources.  In Beijing, Shanghai, Jinan, Nanjing, Foshan, Chengdu, Changsha, Zhuhai and other locations, it has invested in 12 comprehensive shopping malls such as Unipark, Uni ELITE, Mid Town. The company owns 11 star-rated hotels, which are located in Beijing, Shenzhen, Zhuhai, Hainan, and Macau.

In 2010, China Overseas completed a merger and acquisition of a listed company in the same industry in Hong Kong, now known as “China Overseas Grand Oceans Limited” (Stock code: 0081.HK). In November 2015, China Overseas completed the spin-off and listing of its property management business (China Overseas Property Holdings Limited, “China Overseas Property”, stock code: 2669.HK). China Overseas Property was founded in 1986. As at end of 2017, China Overseas Property has GFA under management services over 120 million sq m across Hong Kong, Macau and mainland China.

Hua Yi Design, a wholly-owned subsidiary of China Overseas, was founded in 1986 in Hong Kong. Hua Yi Design is a “National High-tech Enterprise” that has attained “Grade A Architectural Design Qualification” and “Grade A Urban Planning Qualification”, with over 1,000 professional designers and offices in 10 cities in Beijing, Shanghai, Guangzhou, and Nanjing. Over the past 30 years, Hua Yi Design has built-up a portfolio of over 2,000 design projects across dozens of cities in Canada, Japan, Hong Kong, Macau and mainland China, where 170 of the projects have earned over 420 awards ranging from the state-level, provincial level and Shenzhen city-level, endorsing Hua Yi Design’s capabilities.

China Overseas embraces a people-oriented policy, striving to “align the growth of individuals with the long-term growth of the company”, seeking sustainable developments in both staff values and corporate operations, and has developed a “fair, genuine, transparent and positive” corporate culture. The two human resources management arms, “Sons of the Sea” and “Sea’s Recruits” of the Company, provide a fast-track for outstanding university graduates and talents in the society. To meet the talent needs of diverse business development, the Company has launched a recruitment scheme “Star of the Sea”. The Company has established a systematic and sophisticated internal training mechanism, which allows continuous improvement in professional skills and work ethics of the employees. The talents in China Overseas are highly regarded in China’s real estate industry, and the Company was awarded “Top 10 Enterprises” for human resources management in China, among many other accolades.

China Overseas’ continuous efforts in carrying out corporate social responsibilities have been recognised by the communities. China Overseas was awarded “Best Practices for Corporate Social Responsibilities in China”, and “The Leading Socially Responsible Real Estate Company of the Year in China”. The Company has continuously sponsored building China Overseas Hope Schools. Currently there are 12 Hope Schools, located in Shaanxi, Sichuan, Chongqing, Jilin, and Liaoning, all of which are of high standards, in line with the “quality-conscious” philosophy of China Overseas. Each Hope School was built with an investment of several millions to create a quality learning environment for students in poor areas. As of the end of 2017, the total amount of the company’s disaster relief, donations, and public welfare assistance in Hong Kong, Macau and the Mainland exceeded HK$167 million.

As the team leader of the Green Real Estate Group of the China Green Building Committee, the Company has been relentlessly practicing and promoting the integration of modern technology with green construction. The Company completed the first full life-cycle green construction technology pilot project in 2014: the 233-2 International Community Project in Suzhou. The Company also continues to promote the green construction certification of its residential and commercial projects. As at the end of 2017, 68 projects had been certified, ranging from the Certification of Green Building Design Label, the US LEED Certification, and the UK BREEAM Certification, promoting the industry in the practice and development of green properties.

Going forward, China Overseas will continue to pursue a sustainable development strategy based on standardisation, specialisation and brand building. The Company will advance with the times, to expand, strengthen, and optimize the three major businesses, and continues to deliver quality properties, to develop together with its clients, shareholders, cities and communities a prosperous and long-lasting business.

# The cities where China Overseas Grand Oceans Group Limited “COGO” has operations; COGO also has projects in Beijing.

(Updated in April, 2018)