On August 23, CR Land published the half-year business results by June 30, 2013.

Housing product contracts: In the first half of 2012, CR Land realized a total contract price of 33.787 billion yuan by selling a total housing area of 2.876 billion m2, increasing by 44.9% and 35.9%, respectively, compared with the same period of last year. As of August 18, CR Land has realized a total contract price of 39.932 billion yuan, a year-on-year growth of 31.7%.

Real estate investment: In the first half of 2013, the real property lease and property management business of CR Land has been growing at a rapid rate, realizing a total turnover of HK$ 2.266 billion, a year-on-year increase of 33.3%, and the EBITDA rate of the lease business has been maintained at a high level. As of the end of July, the total income from the real property lease and property management services reached HK$ 2.702 billion yuan, a year-on-year growth of 34.8%.

Business turnover: CR Land has so far realized a total business turnover of HK$ 15.775 billion, a year-on-year growth of 99.2%. In the first half of 2013, CR Land has had a total income of HK$ 12.58 billion from the development of residential projects, 133.7% up on a year-on-year basis. As of August 18, CR Land has accumulated a total business turnover confidently available from sales of housing properties (including the sum settled in the first half), exceeding the turnover actually settled in 2012 by 62.6%.

Profit attributable to shareholders: In the first half of 2013, a total profit attributable to shareholders of HK$ 4.384 billion was realized, 20.2% up compared with the same period of last year. Of the total, HK$ 2.008 billion came from the core business, 49.2% up on a year-on-year basis.