2016.09.09

Thesecond session of the fifth Council of the Overseas Friendship Association ofGuangdong Cantonese Zhujixiang was held on the afternoon of September 8,followed by a ceremony for the Charitable Fund for Cantonese Culture and Educationat which Times Property donated RMB 5 million for the promotion of Cantoneseculture and education. Times Property Director and Vice President Guan Jianhui,together with Ms. Li Lingling, deputy secretary-general of Guangzhou TimesProperty Charity Foundation, attended the meeting on behalf of the organization.

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Assisting CantoneseYouth, Promoting Cantonese Culture

The Charitable Fund for Cantonese Culture & Education, established in 2008 bythe Overseas Friendship Association of Guangdong Cantonese Zhujixiang, is dedicated to the eradication of poverty and the promotion, through scholarship grants, of students who have demonstrated outstanding academic performance. In 2014 the Fund launched two projects, called Assisting Cantonese Youth and Caring for Families Who've Lost Their Only Child. In cooperation with Guangzhou Technician College, the Fund opened six Cantonese programs of popular and practical majors, provided financial assistance to 169 Cantonese youths for thecompletion of their three-year programs, and subsequently helped in theirefforts to gain employment or start businesses. The Fund, working together withthe Family Planning Association of Guangdong Province, granted RMB 3000 to RMB5000 to each of the 596 households in six cities--including Shaoguan, who havelost their only child.

·Photoof the event

·Donationcertificate

Times Property, in addition to its own development efforts, has consistently demonstrated a strong sense of social responsibility and enthusiasm for thecontinued prosperity of Cantonese culture. In 2015 and 2016, for example, thecompany sponsored the fifth and sixth editions of the Cantonese Temple Fair aspart of an effort to promote and uphold traditional folklore culture anddemonstrate its beauty to the people of Guangzhou.

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Enthusiasm for PublicWelfare Causes, Demonstrated Through 17 Years of Development

Times Property enjoys a solid reputation in the real-estate industry, being one ofthe first Chinese developers to establish a charitable organization. Over itsfirst ten years, the company assisted in the construction of a center forspecial education and rehabilitation to serve children in social welfare institutions,as well as two general hospitals and 13 Hope primary schools. It also heldnearly 300 public welfare campaigns, helping more than 3,000 patients withcataracts recover their sight and 30,000 students from poverty-strickenfamilies to finish their schooling. Moreover, the famed Times Museum, which itbuilt and operates, actively promotes the local "cultural and artisticecology" as part of the effort to ensure the progress of urbancivilization. For that cause, Times Property has donated more than RMB 300million.

Times Property now has a 17-year history of constant dedication to equitable welfareand societal betterment. The company steadfastly observes the philosophy of publicwell-being as it strives to fulfill its public commitment and be an enterprisethat upholds the spirit of citizenship.