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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: 00688.HK, “China Overseas”). In 2007, China Overseas was included into Hang Seng Index Constituents. The Company boasts 38 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 56 cities in mainland China (including Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou, Shenyang, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Hainan, Harbin, Jinan, Kunming, Nanchang, Nanjing, Ningbo, Suzhou, Qingdao, Taiyuan, Tianjin, Urumqi, Wuhan, Wuxi, Xi’an, Xiamen, Yantai, Zhangzhou, Zhenjiang, Zhengzhou, Zhongshan, Zhuhai, Changzhou#, Ganzhou#, Jilin#, Jiujiang#, Hefei#, Hohhot#, Huangshan#, Huizhou#, Lanzhou#, Nanning#, Nantong#, Shantou#, Zhaoqing#, Weifang#, Xining#, Xuzhou#, Yancheng#, Yangzhou#, Yinchuan#, Zibo#). As at the end of 2016, the Company has more than 3.0 million sq m of investment properties, covering China Overseas offices, Unipark shopping malls, and hotels with star ratings. By the end of 2016, total assets of the Company reached HK$571.3 billion. In 2016, the contracted property sales of the Company amounted to around HK$210.6 billion, with a net profit of HK$37.02 billion. In the first half of 2017, the Group’s contracted sales increased 33.7% compared with same period last year, to HK$127.32 billion. Profit attributable to equity owners of the Company increased 25.2% to HK$21.65 billion, leading the industry in operational efficiency.

With continuous business performances and effective corporate governance, China Overseas has been recognised widely and highly praised. 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 2016, the brand value of China Overseas reached RMB51.906 billion.

China Overseas embraces the brand positioning of “Quality. Lifestyle. Innovation” and has introduced five generations of residential products, which design philosophy is to proactively anticipate and meet the clients’ needs, now and beyond. Embracing the development philosophy of “Each and Every Detail of Each and Every Project”, the Company is committed to provide 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 now holds commercial property projects with 3 major product lines: China Overseas offices, Unipark shopping malls, and hotels with star ratings. The Company practices brand management with the operations principle “to unify ownership, hold and operate” to create long term values for the cities, the public and its business partners. In the first half of 2017, the Company has more than 3.0 million  sq m of investment properties across international and domestic cities with vibrant economies such as London , Beijing, Shanghai, Chengdu and Nanjing.

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: 00081.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: 02669.HK). China Overseas Property was founded in 1986. In the first half of 2017, China Overseas Property had received numerous industry accolades for its management services, which covered an area of over 100 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. 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 11 Hope Schools, located in Shaanxi, Sichuan, Chongqing, Jilin, Shandong, Ningxia, Zhejiang, Hunan and Liaoning, all of which are of high standards, in line with the “quality-conscious” philosophy of China Overseas.

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 2016, 47 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, keeping innovation at the heart of operations, 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 September, 2017)