Yuzhou : 01628.HK) Won Two Awards in the “Greater Bay Area Corporate Sustainability Awards 2021”

【For Immediate Release】

15 Oct 2021

Yuzhou Group (01628.HK) Won Two Awards in the "Greater Bay Area

Corporate Sustainability Awards 2021"

(15 Oct 2021, Hong Kong) Yuzhou Group Holdings Company Limited ("Yuzhou Group" or the "Company", together with its subsidiaries, the "Group", stock code: 01628.HK), one of China's top 40 real estate enterprises, is pleased to announce that, Yuzhou Group won the Outstanding Enterprises in the Greater Bay Area-SocialSustainability Award (Sustainable Cities and Communities) and Green Sustainability Award (Climate Action) in the "Greater Bay Area Corporate Sustainability Awards 2021" organized by Metro Finance and Hong Kong Quality Assurance Agency, which fully demonstrated the Group's outstanding achievements in sustainable development and carbon emission management.

The "Greater Bay Area Corporate Sustainability Awards 2021" takes 17 United Nations Sustainable Development Goals (SDGs) as standards, to evaluate companies that have taken positive actions in economic growth, social progress, and environmental protection in the area. The award aims to promote the sustainable development of the Greater Bay Area, as well as responsible corporate practices, developing a win-win situation. In this award, the organizer recognized the two SDGs of "Sustainable Cities and Communities" and "Climate Action" by Yuzhou Group, which was a high recognition of the Group's sustainable development work and social responsibility. Under the general direction of China to achieve "carbon neutrality" and achieve energy saving and emission reduction goals in the future, society is increasingly concerned about corporate social responsibility,

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and Chinese and global enterprises are now gradually moving towards sustainable development goals. As a key member among them, Yuzhou Group actively responds to the national goal of "carbon neutrality", along with solid all-round corporate actions, vigorously implementing the national development policy of green and low-carbon economy. Adhering to the mission of "Building Cities with Heart, Building Homes with Love", Yuzhou Group always takes the initiative to enhance sustainable development management, vigorously innovates green technologies, continue to develop green buildings, and creates a harmonious ecological community between human and nature.

Mr. Chiu Yu Kang, Senior vice president, CFO and Company Secretary,

accepted the award on behalf of Yuzhou Group(01628.HK)

Since its establishment, Yuzhou Group has continuously attached great importance to sustainable development. The Group has formed a Sustainability Working Group in 2018 and upgraded governance structure last year, to establish a Sustainability Committee. It has devised a series of policies and measures on environmental protection for different parts of departments to reduce the environmental impact of business operations. At the same time, the Group actively explores and applies sustainable construction technologies in green buildings, such as prefabricated construction technology and BIM technology, which are conducive to improving construction efficiency, project quality and environmental performance. As of the first half of the 2021, the Group has 145 property projects with approximately 20 million sq.m. that have reached green building standards, of which over 5 million sq.m. have been granted two-star or above green building certification, either nationally or internationally. The Group is pursuing the goal of achieving 100% of green building certification rate for new projects in the next four years. Shenzhen Yuzhou Plaza, one of the Group headquarters, obtained the "U.S. LEED Gold" green certification.

In addition, with the background of "carbon neutrality", financing channels for property developers have been greatly expanded. Yuzhou Group emphasizes green development all the time, and its green development concept has been recognized by the capital market.

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In August 2020, Yuzhou Group issued its first green senior notes in an aggregate principal amount of US$300 million in the international market and another green senior notes with an aggregate principal amount of US$562 million in January 2021. At the same time, Yuzhou Group's green senior notes were successfully listed on the STAGE platform, becoming the first batch of Chinese property developers' green US dollar bonds to be displayed and traded on the STAGE platform. In June 2021, Yuzhou Group was given BBB ESG Rating by MSCI again, maintaining the first level ESG rating of Chinese properties companies and ranking in the top among the Chinese properties companies. In the future, the Group will continue to fully integrate and upgrade green technologies as well as green financial instruments, to promote low-carbon transformation and create greater value for the community.

Mr. Lam Lung On, J.P., the Chairman of the Board of Directors of Yuzhou Group

Holdings Company Limited stated, "With the development trend of green and low carbon, Yuzhou Group will continue to adhere to the business philosophy of 'Achieve Ingenuity with Original Intention', actively practices the concept of sustainable development in the three dimensions of environment, society and corporate governance, accumulates practice experiences, innovates green technologies, and constructs green and comfortable housing with ingenuity. In addition, the Group will proactively fulfill social responsibilities and achieve quality growth, helping to realize the goal of 'hit peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060' of China."

-END-

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About Yuzhou Group Holdings Company Limited (01628.HK)

Established in 1994, Yuzhou Group is a property developer headquartered in Shanghai and Shenzhen with a national foothold. Adhering to its strategy of Cultivating in Regions Leading the Market, Yuzhou Group strives to develop residential and commercial properties which align with market trends in first- and second-tier cities. As at 30 June 2021, the Company had over 179 projects under various stages of development in 39 cities including Beijing, Shanghai, Shenzhen, Tianjin, Nanjing, Hefei, Hangzhou, Suzhou, Foshan, Huizhou and Hong Kong and so on. The total GFA under construction and held for future development is 22 million sq.m., and the total salable resources is approximately RMB442.8 billion, accounting for about 37.5%, 15.0%, 21.7%, 10.1%, 8.7% and 7.0%, respectively in the Yangtze River Delta Region, West Strait Economic Zone, Bohai Rim Region, Guangdong-HongKong-Macau Greater Bay Area, Central China Region and Southwest Region. Renowned for its distinguished product quality, diversified product portfolio, strong brand awareness and seasoned management team, Yuzhou Group has been named "Top 100 China Real Estate Enterprises" for 13 years in a row; and Top 50 China Real Estate Enterprises from 2011 to 2020. Yuzhou Group was selected as the Hang Seng Composite LargeCap&MidCap Index Constituent Stocks, Shenzhen-Hong Kong Stock Connect, Shanghai-Hong Kong Stock Connect, and included in the constituents of MSCI China Index, Hang Seng China High Dividend Yield Index, Hang Seng Large-Mid Cap Value 50 Index, Hang Seng Large-Mid Cap Value Tilt Index and Hang Seng Large-Mid Cap (Investable) Index. Yuzhou Group was rated as "BBB" by MSCI ESG Ratings, ranking the top among Chinese Properties Companies.

For more information of Yuzhou Group, please visit the company website: https://www.yuzhou-group.com/

For inquiries, please contact:

Yuzhou Group Holdings Company Limited (01628.HK)

Director / Senior Associate of Corporate Finance & Investor Relations

Shikai Wu / Sandy Zhang

Tel: [phone]

Fax: [phone]

Email:[e-mail]

Yuzhou Group QR Code:

Ever Bloom (HK) Communications Consultants Group Limited

Helen Nian / Hans Han

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Email:[e-mail]

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