2016.10.16

The Guangzhou Federation of Industry andCommerce, together with the Guangzhou General Chamber of Commerce, held the openingreception for the 120th China Import and Export Fair on October 15. Theconference, as part of its diverse schedule, recognized the achievements of leadingenterprises. By virtue of steady comprehensive strength and excellentcontribution to philanthropy for the eradication of poverty, Times Property wasincluded among China's top 500 private enterprises for 2016 and was recognizedwith the Philanthropic Poverty Alleviation Special Contribution Award.

More than 600 attendees--includingrepresentatives of industrial and commercial associations from Hong Kong, Macauand Taiwan, friends from the industrial and commercial circles, andrepresentatives of the Guangzhou Federation of Industry and Commerce--gathered tocelebrate the opening of the 120th China Import and Export Fair. The honorableguests who attended the event included Mr. Cai Chaolin, vice mayor of the GuangzhouMunicipal Government; Mr. Su Zhijia, secretary of the Leading Party Members'Group of the Guangzhou Municipal People's Political Consultative Conference andchairman of the twelfth Guangzhou Municipal People's Political ConsultativeConference; Mr. Yuan Zhimin, chairman of the Guangzhou Federation of Industryand Commerce and president of the Guangzhou General Chamber of Commerce; andMr. Zhang Jingchu, deputy director of the United Front Work Department of the CPCGuangzhou Municipal Committee and secretary of the Leading Party Members' Groupof the Guangzhou Federation of Industry and Commerce. Times Property Vice-PresidentGuan Jianhui was also present for the occasion.

·Mr.Cai Chaolin, vice mayor of the Guangzhou Municipal Government, gives an openingspeech

Mr. Cai Chaolin, vice mayor of the GuangzhouMunicipal Government, offered congratulations on the opening of the fair and expressedgratitude to the many friends from all walks of life, both at home and abroad,for their continued support of socioeconomic development in Guangzhou. Mr. CaiChaolin stated that the region enjoyed generally consistent growth during thefirst half of this year. This, he said, was attributable not just toGuangzhou's effective implementation of the development policies and measuresissued by the Party and the State but also to the generous care and support fromcompatriots throughout the world.

·TimesProperty is included among China's top 500 private enterprises for 2016

Fifteen of the enterprises on China Top 500 Listfor 2016 were awarded plaques to commemorate their distinguished performance.Times Property was included in the group thanks to its comprehensive strengthand ability to act with concerted effort. Additionally, Times was honored with thePhilanthropic Poverty Alleviation Special Contribution Award for itsextraordinary contribution to the eradication of poverty (with cumulative donationsexceeding RMB 10 million).

·Mr.Cai Chaolin (left), vice mayor of the Guangzhou Municipal Government, presentsthe plaque commemorating "China's Top 500 Private Enterprises in2016" to Times Property Vice-President Guan Jianhui (right)

·Mr.Su Zhijia (middle), secretary of the Leading Party Members' Group of the GuangzhouMunicipal People's Political Consultative Conference and chairman of theTwelfth Guangzhou Municipal People's Political Consultative Conference,presents a plaque recognizing the Philanthropic Poverty Alleviation SpecialContribution Award to Times Property Vice-President Guan Jianhui (right)

Times Property soared to new heights during thefirst half of the year, and accordingly its sales volume has enjoyed steadyforward momentum since the Group was listed. Moreover, with such outstandingperformance, Times Property has attracted the entire industry's attention and cultivatedever-greater brand influence.

Times Property recorded RMB 13.36 billion incontract sales as of June 30, marking a year-on-year increase of 75.1% and 62%of the annual sales target. In the first half of the year, Times earned RMB 530million in profit and sold 1,198,000 square meters of residential space for ayear-on-year increase of 34.8%. The award ceremony, by recognizing TimesProperty's corporate strength and social responsibility, served to herald evengreater accomplishments.

Times Property continues in its corporatestrategy of "regional focus, customer focus and business focus,"practices its core values of "love, commitment and creation," and producestasteful, high-quality products that transcend the common standards of the real-estateindustry. Its mission is to become China's preeminent real-estate enterpriseand ultimately help more people achieve the life to which they can lookforward.