Jiayuan International 2017 interim results conference and investor luncheon held successfully

August 24, Jiayuan International (hereinafter referred to as "Group") 2017 interim results conference and investor luncheon in Hong Kong Four Seasons Hotel was held. Chairman of the Group Shen Tianqing, Vice Chairman Huang Fuqing, Chief Executive Officer Zhuo Xiaonan, Executive Director Wang Jianfeng and Chief Financial Officer Xiao Lianghua attended the meeting  with more than 200 domestic and foreign investors to elaborate on the bright performance of the Group in the first half of 2017. The banquet scene is packed, the scene is lively atmosphere.

In the first half of 2017, the Group's property contract sales increased significantly, representing a substantial increase of 93% to RMB3.87 billion over the same period in 2016. Property sales were approximately 467,000 sq m, representing a significant increase of 164.4% over the same period in 2016; Year growth of 38.6% to RMB2.91 billion, gross profit growth of 44.7% to RMB1 billion, net profit of about 520 million yuan, representing an increase of 37.3% over the same period last year. As of June 30, 2017, the Group has 29 properties in major cities in China, with a land reserve of more than 6.88 million square meters, and the development area has covered most of the major cities in Jiangsu Province.

In the first half of 2017, the Group's market capitalization exceeded HK $ 10 billion for the first time and was awarded a number of institutional awards, including the "New Unit Growth Motive Award" jointly organized by Tencent and Finance, and the Hong Kong Investor Relations Association Awards - Excellence Certificate ", to recognize the Group's impressive results in investor relations and market management during the period under review. In addition, the Group's project company performed well, such as Jia Yuan Century City and Nantong Jia Yuan City, respectively, Tencent won the "2016 annual Yangzhou best-selling real estate" and "2017 Nantong potential real estate", once again confirmed that the Group has Strong comprehensive strength.

Group in the first half of the "expansion of sales, control costs, cost reduction, profits" and other work on a major breakthrough. Therefore, the Group's market trends in the second half of the judgments and business strategy much investor attention. Group management said that the future will pay attention to other provinces of real estate trends such as Hainan Province and the Pearl River Delta region, and followed by the country 'all the way' strategic planning, open up the surrounding areas such as Vietnam, Australia and other countries of quality projects. Group Chairman Shen Tianqing stressed that "development is to sound", despite the proposed expansion of the plan, but the sound is still ranked first. The Group will strike a balance between size and liabilities, and from the long-term perspective, follow the principles of risk control, gradually increase the Group's overseas land reserves, and better grasp the global real estate opportunities.

After the banquet, the group management to accept the major media interviews, and the media concerned about the real estate policy and future expansion plans from different aspects of the elaboration and answer. Speaking of the company's future expansion plan, Group Chairman Shen Tianqing said that in addition to continuing to develop new projects in major cities in Jiangsu Province, will also actively expand the Guangdong, Hong Kong and Macao Bay area of ​​quality projects. At present, the Group's real estate business has been extended to Shenzhen, the future will focus on Guangdong, Hong Kong and Macao, the Pearl River estuary economic circle of the value of depression, through participation in urban renewal projects to obtain high-quality land reserves to enhance the Group's market share in China.

Finally, the Group would like to thank all the guests for taking the time to attend the investor luncheon in their busy schedule. If you have long supported and encouraged the group, the group can achieve one another success. In the foreseeable future, Jiayuan International will be big step towards a more ambitious development goals, to produce a more beautiful transcripts and make unremitting efforts.