Zhong An Real Estate : Positive Profit Alert

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

ZHONG AN REAL ESTATE LIMITED

眾安房產有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 672) POSITIVE PROFIT ALERT

This announcement is made by Zhong An Real Estate Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors of the Company (the "Board") wishes to inform the shareholders of the Company (the "Shareholders") and potential investors that, based on a preliminary review of the Group's unaudited consolidated management accounts for the six months ended 30 June 2016 (the "Period"), the Group is expected to record a significant increase in its profit for the Period as compared to the profit recorded for the same period of 2015.

Subject to finalization, the substantial rise in the Group's profit for the Period was mainly due to (i) the rebound and continuous improvement in China's property market in recent years and (ii) the significant increase in the revenue recognized by the Group from the properties sold and delivered during the Period.

This announcement is only based on the preliminary review and assessment made by the Board with reference to the information currently available, including the Group's unaudited consolidated management accounts for the Period, and is not based on any figures or information that have been reviewed by the Company's audit committee or independent auditors, and may be subject to changes. Shareholders and potential investors should read the Group's financial results announcement for the Period carefully, which is currently expected to be published by the end of August 2016.

Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

By order of the Board of

Zhong An Real Estate Limited Shi Kancheng

Chairman

The PRC, 15 August 2016

As at the date of this announcement, the executive directors of the Company are Mr Shi Kancheng, Mr Lou Yifei, Ms Shen Tiaojuan, Mr Zhang Jiangang and Mr Jin Jianrong and the independent non-executive directors of the Company are Professor Pei Ker Wei, Dr Loke Yu and Mr Zhang Huaqiao.