NEWSLETTER. Issue 2, Investor Relations Contact

Transcription

1 NEWSLETTER Issue 2, 2018 Poly Property Group Co., Limited Sarah Xie, Investor Relations Manager Room 2503, Admiralty Centre, Tower 1, 18 Harcourt Road, Hong Kong Tel: (852) Fax: (852) Investor Relations Contact PR Consultant DLK Advisory Michelle Shi, Senior Manager Room 906, Nan Fung Tower, 88 Connaught Road, Hong Kong Tel: (852) Fax: (852)

2 Sales Performance Deqing Poly Prime Regency Debuted In May 2018, Deqing Poly Prime Regency debuted and 141 units were launched. A total of 138 units were subscribed, recording a subscription rate of 98% and amount of RMB338 million. The Project is located on the southwestern side of Deqing Poly Origin and launched in the seventh year since Poly Property entered Deqing market. The Group built Prime Regency with its concept of high-end life aesthetics and named the four courtyards after the great four families in local history to pay tribute to the elegant culture of Deqing. ~Project Profile~ Poly Prime Regency is located in Fuxi Street, prime area of Chengdong New District, Deqing, Zhejiang Province. The location enjoys a close proximity to comprehensive educational and commercial facilities and convenient transportation. The project has a total GFA of 45,000 sq. m. and targets mainly first-time buyers and first-time upgrade buyers, with its exquisite housings. The project was equipped with Poly s high-end decoration system to provide households with a healthier, smarter, more comfortable and humane lifestyle. 風華 2

3 Sales Performance During the first five months of 2018, the Group launched Shanghai Poly Phili Regency, Ningbo Prosperous Reflection, Hong Kong Vibe Centro, Nanning Poly Town, Wuhan Poly Up Town, Guangzhou Nansha Poly City and Kunming Poly One Family One World and other projects. The control policies remained stable and consistent in first tier and booming second tier cities. Some cities introduced the lottery system. Shanghai Poly Phili Regency adopted the lottery system for its batch of 130 units in the end of April and recorded a subscription rate of 97%. Projects of Southwestern and Other Regions are located in mainly provincial capitals, facing stable market demand and less affected by control policies. The sell-through rate and average selling price continued to perform well. Sales Performance as of May 2018 As of May 2018, the Group recorded contracted sales of approx. RMB20.9 billion, representing 52% of the full year target of RMB40 billion. The contracted area sold amounted to 1,145,000 sq. m.. In terms of contracted sales, the top five cities were Shanghai, Ningbo, Nanning, Hong Kong and Guiyang. Contracted Sales Breakdown by Regions as of May 2018 Others 24% Hong Kong 9% Southwest ern 26% Yangtze River Delta 30% Pearl River Delta 11% 3

4 Investment Property and Hotel Portfolio Company Profile Poly Property Group Co., Limited is a renowned property developer in China. Its core business includes property development, investment and management. As the offshore listed property development flagship of China Poly Group (a state-owned enterprise), the Group has received ongoing support from its parent and grown to be a nationwide property developer. At present, the Group holds development projects located in 20 more cities, including Shanghai, Hong Kong, Guangzhou, Shenzhen, Wuhan, Guiyang and Nanning. In addition, the Group maintains a high quality investment property portfolio in 1 st tier and booming 2 nd tier cities in China, including landmark properties such as Shanghai Stock Exchange Building, Shanghai Poly Plaza and Beijing Poly Plaza. City Project GFA held (ʹ000 sq. m.) Interest (%) Occupancy rate [1] Beijing Beijing Poly Plaza % [2] Shanghai Shanghai Stock Exchange Building (Partial) % Shanghai Shanghai Poly Plaza (Partial) % Shenzhen Shenzhen Poly Cultural Plaza (Partial) % Wuhan Wuhan Poly Plaza (Partial) % Wuhan Wuhan Poly Hotel % Guiyang Guiyang Poly International Centre % Guiyang Poly Hot Spring Hotel % Note [1]: the average occupancy rate is calculated from January to May 2018 Note [2]: the occupancy rate of the office and hotel of Beijing Poly Plaza recorded 100% and 72% respectively 4

5 Land Bank Development Progress As of May , the accumulated GFA of newly commenced construction of the Group was approximately 1,483,000 sq. m.. Six projects were acquired during the first five months this year with a total GFA of 2,270,000 sq. m. and located in Macau, Jinan, Weifang, Zibo, Mudanjiang and Ningbo respectively. Among which, the attributable GFA of the Group was approx. 1,290,000 sq. m.. The Group held a total land bank of approximately 21,870,000 sq. m.. Newly acquired projects as of May 31, 2018 Project Type Total Site Area (sq. m.) Planned GFA (sq. m.) Macau Coloane Project Residential 49, ,000 Jinan Huaiyin Project Residential & Commercial 125, ,000 Weifang Zoina Poly Mansion Residential 121, ,000 Zibo Dacheng Project Residential 65, ,000 Mudanjiang Dongsiqiao Project Residential 159, ,000 Ningbo Beilun Project Residential 45, ,000 Total: 563,000 2,270,000 5

6 Newly Acquired Project Mudanjiang Dongsiqiao Project The project is located in Jiangnan New District of Mudanjiang City, next to Mudanjiang River and Exhibition Center. It is a prime location with convenient transportation. Jiangnan New District is the new city center planned by local government. The site is close to developing commercial and resourceful educational facilities with huge potential. The project has a total planned GFA of approx. 338,000 sq. m. and will target customers with rigid demand and upgrade demand who also value the brand, management service and adjacent educational resources. A high-quality residential community with landscape will be delivered as the first project developed by Poly Property in Mudanjiang. The Group holds a 100% interest. Project Location Project Planning Draft 6

7 Newly Acquired Project Ningbo Beilun Project The project is located in the center of Beilun District, Ningbo City, close to Beilun District Government and benefited from neighboring mature commercial and public facilities as well as its close proximity to education institutions. The site enjoys a wide selection of transportation means and beautiful landscape by the river. The project has a total planned GFA of approx. 110,000 sq. m. and is intended to be developed into an exquisite housing and high-rise residential community targeting at first-time buyers and first-time upgrade buyers. The Group holds a 33.33% interest. Project Location Project Planning Draft 7

8 Land Bank Details Project Under Held for construc future tion development Total land reserve Interest Project Under Held for construc future tion development Note: area under construction and held for future development as well as total land reserve are calculated in ʹ000 sq. m. as of May 31, 2018 Total land reserve Shanghai Jiading Project % Nanning Poly Hearty % Shanghai Poly Greenland Plaza % Nanning Poly Town 1, , % Shanghai Shanjin Poly Plaza % Nanning Poly Town, Phase Ⅱ 133 1,266 1, % Shanghai Xijiao Jinmao Palace % Liuzhou Poly Merization World % Suzhou Poly West Bank Villa % Kunming Poly One Family One World % Suzhou Poly Lake Mansion % Total in Southwestern Region 4,320 5,493 9,813 Suzhou Weitang Project % Wuhan Poly City % Suzhou Luzhi Project % Wuhan Yangyuan Project % Nanning Poly City % Wuhan Poly Park % Ningbo Poly Wonderland % Wuhan Poly Up Town % Ningbo Prosperous Reflection % Harbin Poly The Waters Fragrant Dike % Ningbo Beilun Project % Harbin Poly City % Yuyao Poly Jordan International % Mudanjiang Dongsiqiao Project % Deqing Poly Origin % Jinan Poly Center % Deqing Poly Prime Regency % Jinan Poly Elegant Garden % Total in Yangtze River Delta 1,566 1,254 2,820 Jinan Phili House % Guangzhou Poly Gratified West Bay % Jinan Haiziwa Project % Guangzhou Nansha Poly City % Jinan Dashiziyuan Project % Foshan Poly Central Park % Jinan Zhangqiu Project % Foshan Chancheng Project % Jinan Huaiyin Project % Huizhou Poly Deutch Kultur % Yantai Poly Ocean Luxe % Huizhou Poly Sunshine Town % Weihai Poly Maple Valley % Total in Pearl River Delta 884 1,217 2,101 Weihai Xianggang Road Project % Guiyang Poly Spring Street % Zibo Xinhua Road Project % Guiyang Poly Park , % Weifang Zoina Poly Mansion % Guiyang Poly The Place of A Lake % Zibo Dacheng Project % Guiyang Poly Phoenix Bay ,027 51% Wanning Poly Peninsula No % Zunyi Poly Metropolis of Future 597 2,727 3,324 35% Total in Other Regions 2,597 3,905 6,503 Nanning Poly Crescendo % Total in HK, Macau & Overseas Nanning Poly Dream River % Total 9,474 12,398 21,872 Interest 8