Longfor : PUBLIC OFFERING OF SECOND TRANCHE OF 2020 DOMESTIC CORPORATE BONDS IN THE PRC

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LONGFOR GROUP HOLDINGS LIMITED

龍 湖 集 團 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 960)

PUBLIC OFFERING OF SECOND TRANCHE OF 2020 DOMESTIC CORPORATE BONDS IN THE PRC

Reference is made to the announcement of the Company dated 4 August 2020 (the "Announcement") in relation to the public offering of the second tranche of 2020 domestic corporate bonds in the PRC and unaudited financial information of Chongqing Longhu Development Company Limited. Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as used in the Announcement.

Chongqing Longhu Development Company Limited* (重慶龍湖企業拓展有限公司) (the "Issuer"), an indirect subsidiary of the Company has issued the second tranche of 2020 Domestic Corporate Bonds to qualified investors on 6 and 7 August 2020, and it has a principal amount of not more than RMB3.0 billion (RMB3.0 billion inclusive) (the "Second Tranche of 2020 Domestic Corporate Bonds").

The Issuer and the underwriter have determined that the actual issue size and coupon rate for the Second Tranche of 2020 Domestic Corporate Bonds will be: (i) RMB2 billion with coupon rate at 3.78% for the five-year bond, the Issuer shall be entitled to adjust the coupon rate and the investors shall be entitled to sell back the bonds after the end of the third year, and (ii) RMB1 billion with coupon rate at 4.3% for the seven-year bond, the Issuer shall be entitled to adjust the coupon rate and the investors shall be entitled to sell back the bonds after the end of the fifth year.

Details of the Second Tranche of 2020 Domestic Corporate Bonds are published on the website of Shanghai Stock Exchange (www.sse.com.cn).

By Order of the Board

Longfor Group Holdings Limited

Wu Yajun

Chairperson

Hong Kong, 10 August 2020

As at the date of this announcement, the Board comprises eight members: Madam Wu Yajun, Mr. Shao Mingxiao, Mr. Zhao Yi and Mr. Wang Guangjian who are executive Directors; and Mr. Frederick Peter Churchouse, Mr. Chan Chi On, Derek, Mr. Xiang Bing and Mr. Zeng Ming who are independent non-executive Directors.

• for identification purpose only