Yuzhou : 01628.HK) Won the “China Property Award of Supreme Excellence 2021”

【For Immediate Release】

27 July 2021

Yuzhou Group (01628.HK)

Won the "China Property Award of Supreme Excellence 2021"

(27 July 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 with the highly recognized outstanding performance, Yuzhou Group was entitled the "China Property Award of Supreme Excellence 2021", which has been won by Yuzhou Group for consecutive years.

Yuzhou Group(01628.HK) Won the "China Property Award of Supreme Excellence 2021 "

"China Property Award of Supreme Excellence", organized by the Organizing Committee of China Property Award of Supreme Excellence, aims to honor benchmarking enterprises for their outstanding performances and contributions to the economic prosperity of Hong Kong and Mainland China. The judging panel is composed of the members from The Hong Kong Institute of Financial Analysts and Professional Commentators Limited and a number of senior stock commentators. They conducted the reviews from six criteria including business performance, development prospects, corporate governance, project execution, brand image and corporate social responsibility, and selected outstanding Chinese real estate enterprises for the year. The award has become an annual indicator for investors to examine high-quality mainland real estate enterprises and is highly recognized by the industry.

Under the development strategy of "Leading with Locality Development", Yuzhou Group continuously developed in the six major metropolitan areas, namely Yangtze River Delta Region, Bohai Rim Region, West Strait Economic Zone, Central China Region, Guangdong- Hong Kong-Macau Greater Bay Area, and Southwest Region, and the Group's sales have

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repeatedly achieved good results. For the first six months of 2021, Yuzhou Group's contracted sales reached RMB52,712 million, up by 23.02% year-on-year, achieving 47.92% of the full-year target. Contracted sales in June 2021 was RMB11,018 million and average sales price for this month was RMB20,703/sq.m..

After successfully completing the target of RMB100 billion in 2020, Yuzhou Group pays more attention to quality growth at a new starting point. Adhering to the brand concept of "Building Cities with Heart, Building Homes with Love", the Group actively implements sustainable development and strive to create value for the environment and society, while pursuing steady growth. In terms of green building, Yuzhou Group also continues to strengthen its investment. In 2020, all new residential projects have met the design requirements of one- star green building standard or above. By the end of 2020, a total of 135 projects with approximately 18 million sq.m. of properties of Yuzhou have met the green building standards, of which approximately 5 million sq.m. met domestic or international green building standards of two-star or above. In the commercial sector, Shenzhen Yuzhou Plaza, Shanghai Yuzhou Plaza and Xiamen Yuzhou Plaza were all awarded the "U.S. LEED Gold" green certification.

Yuzhou Group has continuously been recognized by many respected institutions in the capital market because of the Group's stable operating level and sustainable development business philosophy. On 29 June, 2021, well-known institution MSCI has reaffirmed Yuzhou Group's BBB rating in the ESG (Environmental, Social, Governance) Ratings analysis report released, which was the highest rating in the Chinese real estate industry. The report pointed out that Yuzhou Group has been actively improving its ESG standards in recent years, performing significantly better than its peers. In addition, CLSA, a well-known international investment bank, recently released a research report, stating that Yuzhou Group's timely delivery of two important projects, Shanghai Yuzhou Jinmao Residence and Hefei Yuzhou Galaxy Park, have highly secured the interim profits in 2021. It is expected that with improving cash flow position, Yuzhou Group's earnings will gradually recover in the first half of this year, and maintain a high dividend yield. CLSA was optimistic about the future development of Yuzhou Group and reiterated "Buy" rating.

Mr. Lam Lung On, J.P., the Chairman of the Board of Directors of Yuzhou Group stated, "We are truly honored to win the 'China Property Award of Supreme Excellence 2021' again and thanks to all the continued supports from the capital market. In the future, the Group will firmly follow the operating principle of 'Performance First, Efficiency First, Benefit First and Organization First' in active response to create long-term value for stakeholders, strive for the environment and sustainable development as well as steadily grow into a century-old company that achieves a win-win situation with customers, employees and shareholders."

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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 31 December 2020, the Company had over 177 projects under various stages of development in 38 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 23.10 million sq.m., and the total salable resources is more than RMB450 billion, accounting for about 40.0%, 20.9%, 15.5%, 7.3%, 9.5% and 6.8%, respectively in the Yangtze River Delta Region, Bohai Rim Region, West Strait Economic Zone, Central China Region, Guangdong-HongKong-Macau Greater Bay Area 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 / Assistant Manager of Corporate Finance & Investor Relations

Shikai Wu / Phil Cheng

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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