Yuzhou Properties : Successfully Priced US$425 Million Tap of Existing 7.90% Senior Notes with Overwhelming Response and Subscription

[For Immediate Release]

Yuzhou Properties Successfully Priced US$425 Million Tap of

Existing 7.90% Senior Notes

with Overwhelming Response and Subscription

(24 July 2018, Hong Kong) Yuzhou Properties Company Limited ("Yuzhou Properties" or the "Company", the "Group"; stock code: 01628.HK) is pleased to announce that the Company has successfully priced US$425 million tap of its existing 7.90% senior notes due 2021 yesterday. The US$ senior notes reopening transaction marked the lowest issuance yield by Chinese property developers of comparable ratings recently.

The transaction was announced in early Asian trading hours on 23 July. The transaction had received overwhelming response from Asian investors soon after the announcement, with subscription orders growing quickly. As of 12 pm (Asia time), the subscription amount had exceeded US$1 billion in aggregate. During the Asian afternoon trading session, the subscription orders maintained a steady growth and exceeded US$1.5 billion finally. The investors who participated in the subscription are mostly globally-renowned quality investors. The notes are eventually allocated among asset management companies (81%), banks/securities companies (14%), private banks (3%) and insurance companies (2%).

It is a high-profile issuance in the Asian US-dollar high-yield bond market in the recent quarter, as well as the largest US-dollar senior notes issued by Yuzhou Properties in the overseas market. Given the relatively volatile market environment, the Company determined to launch with the final price guidance, with a view to maximizing subscription amounts and momentum as well as laying a solid foundation for the successful completion of the transaction.

-End-

1

Wonderful Sky Financial Group 皓天財經集團有限公司

About Yuzhou Properties Company Limited (01628.HK)

Established in 1994, Yuzhou Properties is a property developer headquartered in Shanghai with a national foothold. Adhering to its strategy of Cultivating in Regions Leading the Market, Yuzhou Properties strives to develop residential and commercial properties which align with market trends in first-and second-tier cities. As at 31 December 2017, the Company had 92 projects under various stages of development in Xiamen, Fuzhou, Shanghai, Tianjin, Nanjing, Hefei, Hangzhou, Suzhou, Yangzhou, Quanzhou, Zhangzhou, Longyan, Bengbu, Huizhou, Hong Kong and so on. It had an over 11.84 million sq.m. in aggregate GFA under development or held for future development, with Yangtze River Delta Region, West Strait Economic Zone, Bohai Rim Region, Central Region, Bay Area accounting of 51.7%, 29.0%, 10.8%, 5.1% and 3.4% respectively, of the total. Renowned for its outstanding product quality, diversified product portfolio, strong brand awareness and seasoned management team, Yuzhou Properties has been named "Top 100 China Real Estate Enterprises" for eleven years in a row; and Top 50 China Real Estate Enterprises from 2011 to 2017. In 2018, Yuzhou Properties was Incorporated into the Hang Seng Composite LargeCap & MidCap Index as well as the Shanghai-Hong Kong Stock Connect program and has been selected as the constituent of MSCI China Index.

For more information about Yuzhou Properties, please visit the Company's website:http://www.yuzhou-group.com.

For inquiries, please contact:

Yuzhou Properties Company Limited (HKEX: 01628)

Head / Senior Manager / Senior Manager/ Assistant Manager Finance & Investor Relations

Camille Xiong / Shikai Wu / Summer Guo / Jessica Li

Tel: [phone]

Fax: [phone]

Email:[e-mail]

Yuzhou Properties QR Code:

Media enquires:

Wonderful Sky Financial Group Holdings Limited (HKEX: 01260) Julia Liang

Tel: [phone] Fax: [phone] Email:[e-mail]

2

Wonderful Sky Financial Group 皓天財經集團有限公司