Corporate News Property News

2014.06.22

Times Property Wins the Title “Top 20 of Guangdong Credit Standing Enterprises”

On June 20, 2014, the 13th "Top 20 of Guangdong Credit Standing" awarding ceremony was held in Guangzhou. On this event, Times Property was honored to be one of the "Top 20 of Guangdong Credit Standing Enterprises" for another year owing to our outstanding scores in terms of asset credit line, asset/liability ratio, liquidity ratio, profitability, and net cash flow. This success means that Times Property managed to become one of the "Top 20 of Guangdong Credit Standing Enterprises" for four years in a row and we are fully convinced that our credit status and position in the real estate industry will be further strengthened.

Another Great Accomplishment after joining "China's Top 50 Real Estate Development Enterprises"

March 19, 2014 witnessed the grand opening of the "Assessment Results Release Conference of China's Top 500 Real Estate Development Enterprises and Top 500 Summit". On this ceremony, Times Property continued its remarkable performance in last year and won home two big awards, which made it a shining rising star on the night of this ceremony. With our sound risk management, excellent innovative capability, and strong sense of social responsibility, Times Property made its seat as one of first fifty "Top 500 Chinese Real Estate Development Enterprises", presently ranking 45. In addition, Times Property ranks the eighth in another list of "China's Top Ten Real Estate Development Enterprises of Comprehensive Development", just behind the renowned companies such as Evergrande and Forte.

The title "Top 20 of Guangdong Credit Standing Enterprises" is another honor for Times Property following its joining the "China's Top 50 Real Estate Development Enterprises" and we are proud to find that this is the fourth year that we won such an award since 2011. This is both a weighty recognition of Times Property’s diligence for years and our brand quality and also an acknowledgment of Times Property’s credit capability.

When accepting such an award, the management leaders remarked, "Times Property always gives priority to the establishment of credit standing when we build up our brand and the growth and development of Times Property should be attributed to our sound corporate credit standing and cultivation of our brand. This award indicates that Times Property’s development philosophy and efforts are widely accepted and acclaimed by this industry."

Authoritative Award Proves the Credit Strength of Times Property

The "Top 20 of Guangdong Credit Standing Enterprises" is an assessment jointly held by the Guangdong branches of four major state-owned banks, namely ICBC, ABC, BC, and CBC, and central media giant People’s Daily and People.com.cn. This event makes yearly adjustments to its selecting criteria according to new policies and market orientations and therefore, the assessment results are scientific and objective. It has gradually become the most important list showing a real estate enterprise’s comprehensive competitiveness, trustworthiness, and development potential in Guangdong due to its authoritativeness, time-honored quality, and all-inclusive feature. The "Top 20 of Guangdong Credit Standing Enterprises" has already become an overall acid test for the credit status of a real estate company and also one of the important measures to construct a new, harmonious real estate and financial order.

The results of "Top 20 of Guangdong Credit Standing Enterprises" have already become one of the significant indicators of a company’s trustworthiness for various banks to offer credit loan, credit extension, and mortgage services. Some municipal land and resources departments have even regarded it as the only bonus for enterprises when granting lands since 2007.

As a top 100 real estate enterprise in China, Times Property always focuses on every detail, and gives priority to the establishment of the company’s credit standing. In this way, Times Property seize every opportunity and take the initiative to adapt to policies when determining its product structure and marketing strategies. Times Property always devoted itself to building a centurial company with forward-looking perspectives. After 14 years of effort, we are most glad to find that Times Property has won the title "Top 20 of Guangdong Credit Standing Enterprises" for four years and we have also made remarkable breakthroughs in fields like cash flow management, financial capability and other aspects. We are proud to announce that we have already explored a new way characterized by steadfast, healthy development. Especially, after Times Property was listed in Hong Kong Exchanges in December 2013, we have further made use of international capital market and built up our credit standing to a new high level in order to secure our company’s stable growth.

mso-para-margin-right:0cm;mso-para-margin-bottom: .5gd;mso-para-margin-left:0gd;line-height:18.0pt;mso-line-height-rule:exactly; tab-stops:144.0pt'>As a large residence in Sanshui, Times City project is now working on Times Plaza Phase IV, which is a masterpiece symbolizing a new height. Times Property has newly upgraded its apartments to 82-118 m2 suites with refined decor and a free flow of air from south to north. Owners can also enjoy a central park view of over 113 meter long. This project deserves the crown of best product with most competitive price. Now the suites at Times City are available and clients are welcomed to visit them.

 

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