2015.03.27

Recently, the "2015 China Real Estate Assessment Report" and "2015 China Real Estate Top 500 Excellent Enterprises List" were jointly released by the China Real Estate Research Association, Chinese Real Estate Association and China Real Estate Appraisal. Times Property joined "China's Top Ten Real-Estate Development Enterprises of Comprehensive Development for the Year 2015" and, for a third straight year, earned a spot on "China's Top 50 Real-Estate Development Enterprises for the Year 2015." In addition to those honors, Times Property was designated among the "Top 10 Excellent Enterprises in Real Estate List" and "Top 30 Excellent Enterprises in Real Estate" at the "2014 Excellent 100 List" awards ceremony held on March 26, 2015.

As the list is announced, Times Property moves ahead

The goal of the "2015 China Real Estate Top 500 Excellent Enterprises List" and "Top 100 Excellent Enterprises in Real Estate List" is to honor China's leading real-estate enterprises as companies that are inspired to attain glory and become the best of the best. To witness and promote the sustainable growth of China's real estate industry, both lists review and document the year's most representative performance among real-estate developers.

The assessment report shows that, in the past year, Times Property was honored with inclusion in "Top 30 Excellent Enterprises in Real Estate," "Top 100 Excellent Enterprises in Real Estate List," "China's Top Ten Real Estate Development Enterprises of Comprehensive Development for the Year 2015," and "China's Top 50 Real Estate Development Enterprises for Three Consecutive Years." The recognition is largely due to its outstanding performance in risk management, innovation and social responsibility, overall strength and excellent track record.

The year 2014 was a challenging one for China's real estate markets. However, Times Property managed to achieve 15.2 billion (CNY) worth of contract sales and thereby surpass its target mark. The figure represents an increase of 37.8% over the same period in 2013. The core annual net profit soared to RMB1.31 billion, a 39% increase compared to that of last year. Despite the sluggishness of national markets, periodic fluctuations in the property markets and the gradual industrial transition from government-regulated development to a market-oriented model, Times Property has again demonstrated its strength through its remarkable performance.

Plowing deep into the southern China, Times Property enjoys rapid growth and immense popularity

Times Property places a high premium on the real estate markets of southern China, developing 30 projects in six economically advanced cities: Guangzhou, Foshan, Zhongshan, Zhuhai, Qingyuan and Changsha. Thus, in 2015 Times Property is set to extend its reach deeper into the Guangzhou and Foshan markets. With abundant supplies of products, clearly defined market positioning and the richness of a quality lifestyle to promote, the developments of Times Property are warmly welcomed in both markets.

Times Property may be relatively new as a listed company, but its rapid growth has earned the recognition from the capital market. From 2012 to 2014, Times Property's annual sales revenues were 7.031 billion, 11.056 billion and 15.234 billion respectively, constituting twofold growth within three years and achieving an annual compound growth rate of 47.2%.

Times Property will, in 2015, continue with a strategy that focuses on regional markets, residential property development, rigid demand and "upgraders." Through high turnover and rapid sales, Times Property strives for large-scale development without a compromise in quality. Additionally, Times Property strives to enhance its services to the community by providing high quality and convenience through coordinated online and offline operations.