Granted RMB43 billion lines of credit and launched to offer private placement notes in an amount of US$225 million

2019-04-18


On April 18, 2019, five financial institutions including Baoshang Bank, Daye Trust, China Telecom Trust and China Aviation Trust jointly held a strategic cooperation signing ceremony with Jiayuan International and Jiayuan Chuangsheng to promote Jiayuan. The Group's quality development. The Jiayuan International and Jiayuan Chuangsheng respectively received five credit facilities with a credit line of RMB 43 billion and RMB 42 billion, totaling RMB 85 billion, which will be used to support the Group’s land remediation in the development of new urbanization in China. Financial services in urban renewal and housing construction.

Chairman of the Board of Directors Shum Tinqing and Vice Chairman and President Zhang Yi, as well as leaders of five financial institutions attended the signing ceremony of the strategic cooperation held at the Four Seasons Hotel in Jiayuan. In his speech, Mr. Shen Tianqing said that credit is the cornerstone of Jiayuan's industrial development, and keeping promises is also an important reason why Jiayuan can continue to develop and reach today. In the future, the Group will adhere to the business philosophy of keeping promises and quality, create solid value for customers, bring sustained returns to partners, and make due contributions to social development.

Capital Market is the source of the real economy. This time, it has been granted credits from a number of financial institutions. Apart from explaining its own factors such as good quality of development and risk management and control, it is more important that the Group will realize new resources with the support of abundant funds. Cross. At the same time, Jiayuan International's $225 million private placement bond has been successfully listed in Frankfurt and will be released in the near future to further enhance the Group's financial strength.

The Group believes that sound financial strength is an important pillar for maintaining high quality development. As mainland financial institutions further increase their support for the private economy, Jiayuan, as a leading private enterprise, will grasp the dividends brought by the policy in the future and continue to use the model of open bidding, project mergers and acquisitions and joint venture development in the Yangtze River Delta Economic Zone. The development of property projects in the core areas such as Guangdong, Hong Kong, Macau and Dawan District, as well as the development of key provincial capital cities with good fundamentals and the development of quality projects along the “Belt and Road” area to create maximum value for shareholders.